Homework Answers
Most square error modelling is not an example of statistical method economics use.
Moreover it is the "mean" squared error which is a risk Function Corresponding to the Expected value of loss in squared error, is used in economics not the "most" squared error.
Hence, option A is correct.
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Which of the follow is NOT an example of a statistical method economists use? O A....
Classical economists believe that O A. short - run fluctuations are too infrequent and mild to...
Classical economists believe that O A. short - run fluctuations are too infrequent and mild to be of much interest OB. it takes a long time for economic variables to reach equilibrium O C. real variables like output and investment are not determined by nominal variables OD. all of the above O E none of the above
Which of the following involves the use of statistical procedures to account for differences in the...
Which of the following involves the use of statistical procedures to account for differences in the composition of populations? O A. Crude rates OB. Specific rates OC. Adjusted rates OD. None of the above
Which is a method used to determine the Internal Rate of Return, O A Computer Solution,...
Which is a method used to determine the Internal Rate of Return, O A Computer Solution, OB. all of the choices given OC. Trial & Error OD. Direct solution
What is the most appropriate statistical method to use? In order to examine the relationship between...
What is the most appropriate statistical method to use? In order to examine the relationship between pulmonary blood flow and pulmonary blood volume in children with hear disease, 46 such children were randomly sampled and both variables were measure for each. Both variables are normally distributed.
Ob. Statistical regression analysis c. Rule of thumb method od. Delphi technique Ocean House must use...
Ob. Statistical regression analysis c. Rule of thumb method od. Delphi technique Ocean House must use various metrics to measure the benefits of its human capital in order to determine the effectiveness of its HR practices If Ocean House wants to determine the amount of profit derived from its investments in labor, which of the following measures should it use? a. Human capital return on inrestment b. Human economic value added c. Revenue per employee d. HR audit Replay
Which of the following industries is an example of monopolistic competition? est O A. newspapers in...
Which of the following industries is an example of monopolistic competition? est O A. newspapers in your town OB. audio and video equipment O c. hydroelectric distribution OD. wheat
Use the method of completing the square to determine which equation below is equivalent to 6x2...
Use the method of completing the square to determine which equation below is equivalent to 6x2 - 6x-9 = 0. OA OB. O C. (x-3)2 = 14 OD
Which of the following is NOT an example of deepening of economic integration? O A. Establishing...
Which of the following is NOT an example of deepening of economic integration? O A. Establishing a common currency. OB. Increasing the number of linked economies. O C. Moving from a free market to a customs union OD. Harmonization of industry technical standards.
Which of the following is an example of something that economists would consider a cost but...
Which of the following is an example of something that economists would consider a cost but accountants would not? O A. the cost of advertising B. the interest income foregone by the firm's owner because the owner invested funds into the firm O C. the salary that the firm actually pays to the firm's owner O D. the cost of materials and supplies purchased by a firm
Question 10 Which of the following is an example of a paired test? o A teacher...
Question 10 Which of the following is an example of a paired test? o A teacher compares the scores of students in her class on a standardized test with the national average score. o A teacher calculates the average of scores of students on a pair of tests and wishes to see if this average is larger than 80%. o A teacher compares the pre-test and post-test scores of students. o A teacher compares the scores of students using a...
Classical economists believe that O A. short - run fluctuations are too infrequent and mild to be of much interest OB. it takes a long time for economic variables to reach equilibrium O C. real variables like output and investment are not determined by nominal variables OD. all of the above O E none of the above
Which of the following involves the use of statistical procedures to account for differences in the composition of populations? O A. Crude rates OB. Specific rates OC. Adjusted rates OD. None of the above
Which is a method used to determine the Internal Rate of Return, O A Computer Solution, OB. all of the choices given OC. Trial & Error OD. Direct solution
Ob. Statistical regression analysis c. Rule of thumb method od. Delphi technique Ocean House must use various metrics to measure the benefits of its human capital in order to determine the effectiveness of its HR practices If Ocean House wants to determine the amount of profit derived from its investments in labor, which of the following measures should it use? a. Human capital return on inrestment b. Human economic value added c. Revenue per employee d. HR audit Replay
Which of the following industries is an example of monopolistic competition? est O A. newspapers in your town OB. audio and video equipment O c. hydroelectric distribution OD. wheat
Use the method of completing the square to determine which equation below is equivalent to 6x2 - 6x-9 = 0. OA OB. O C. (x-3)2 = 14 OD
Which of the following is NOT an example of deepening of economic integration? O A. Establishing a common currency. OB. Increasing the number of linked economies. O C. Moving from a free market to a customs union OD. Harmonization of industry technical standards.
Which of the following is an example of something that economists would consider a cost but accountants would not? O A. the cost of advertising B. the interest income foregone by the firm's owner because the owner invested funds into the firm O C. the salary that the firm actually pays to the firm's owner O D. the cost of materials and supplies purchased by a firm
Question 10 Which of the following is an example of a paired test? o A teacher compares the scores of students in her class on a standardized test with the national average score. o A teacher calculates the average of scores of students on a pair of tests and wishes to see if this average is larger than 80%. o A teacher compares the pre-test and post-test scores of students. o A teacher compares the scores of students using a...
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