1) An imperfectly competitive firm has the following demand and cost functions: P=230-20Q C=50+30Q a. What is optimum output? b. What is equilibrium price of this output per unit? c. What is optimal revenue? d. What is total profit? 2) A firm in a perfectly-competitive industry where market price of output prevailing ...continues
Explain t-statistic includes a discussion of hypothesis testing.
"The output of an estimated regression equation shows the t-statistic for a given coefficient associated with an independent variable to be 1.99." Explain the implications of this statement in the context of ordinary least squares regression? Be sure your answer includes a discussion of hypothesis testing.
IP concerns choosing Q=0 or Q=300 nothing else.
The firm currently uses 70 workers to produce 300 units of putput per day. The daily wage (per worker) is $100, and the price of the firm's output is $30. The cost of other variable inputs is $500 per day. Although you don not know the firm's fixed cost, you know that it is high enough that the firm's total costs exceed it's ...continues
statistics/econometrics problems - Attachments fixed!
problems 4.9, 4.12, 4.13, 4.20 from the attached assingments, ignore the other problems
problems are in attachments - Attachments Fixed!
please only do 5.10, 5.14, 5.16 for 5.10 please use this adjusted data for the years of 1984, 1985, and 1986 1984: 89 114.5 1985: 95 120 1986: 104 170 the other years will use the original data
1. The file busco.prn contains data on 243 U.S. bus companies obtained from the Federal Transit Administration, National Transit Database. The variables are: tcost (the total operating expense of the company, in thousands of dollars; RVM (the total output of the firm, in thousands of revenue vehicle miles); PL (the price of driv ...continues
Econometrics with SAS; Heteroscedasticity
3. The data file manfac.prn contains data from the U.S. Census Bureau's American Survey of Manufacturers on 455 industries from 1994 on the following variables: ship (value of output shipped, in thousands of dollars); mater (value of materials inputs used in production, in thousands of dollars); newcap (expenditure on new capita ...continues
Three-Variable Regression; Consumption Expenditures - Regression; Adjusted R-Square
7.9 A three-variable regression gave the following results {see attachment}. (a) What is the sample size? (b) What is the value of the RSS? (c) What are the d.f of the ESS and RSS? ... *Please see attachment for complete list of questions (including 7.12 and 7.15)
Develop Regression Model; Regress Dividend Payments
The first file is the 2 problems; the second file is the data for the first problem; and the third is the data for the second problem. Problems must be completed in SAS, or STATA.
Is it possible to obtain the inflation rate, growth rate of money,and growth rate of nominal GDP with only the following information? Constant velocity of circulation real GDP growing at 3% real interest rate growing at 2% nominal interest rate at 7%
