A panel of 71 economists was asked to predict the average unemployment rate for the upcoming year. The results of the survey follow. Unemployment Rate, %
Unemployment Rate, % | 9.8 | 9.9 | 10.0 | 10.1 | 10.2 | 10.3 | 10.4 |
Economists | 3 | 4 | 9 | 21 | 18 | 12 | 4 |
A panel of 71 economists was asked to predict the average unemployment rate for the upcoming...
0.37/1.11 points | Previous Answers TanFin 1 0 8.2.040. 1/6 Submissions Used My Notes 2 The frequency distribution of the hourly wage rates (in dollars) among blue-collar workers in a certain factory is given in the following table. Find the mean (or average) wage rate, the mode, and the median wage rate of these workers. (If necessary, round your answers to two decimal places.) $ 14.23 mean 14.30 mode 14.30 median Wage Rate 14.00 14.10 14.20 14.30 14.40 14.50 90...
Question 13 (1 point) Saved The average prime rate for large banks is 9. A sample of 12 banks in Doha showed the following rates: 10.1 9.3 9.5 10.2 9.8 9.6 8.8 11.2 9.4 10.0 9.3 9.1 In a test of hypothesis of no difference, with a = 0.05 what is the decision of the test? Inconclusive. O Reject H Reject HA Do not reject Ho
Compute Regression Analysis for following relationship: The relationship between death rate X1 (USD) vs. population density X5. Population as a Predictor, X, then death rate as a Response variable, Y. Get Regression Output, and Scatter plot between these variables and compute Coefficient of Determination, R2, and Interpret your findings. X1 X2 X3 X4 X5 The data (X1, X2, X3, X4, X5) are by city. 8 78 284 9.1 109 X1 = death rate per 1000 residents 9.3 68 433 8.7 144...
Year Poverty Rate 1986 10.9 1987 10.7 1988 10.4 1989 10.3 1990 10.7 1991 11.5 1992 11.9 1993 12.3 1994 11.6 1995 10.8 1996 11 1997 10.3 1998 10 1999 9.3 2000 8.7 2001 9.2 2002 9.6 2003 10 2004 10.2 2005 9.9 2006 9.8 2007 9.8 2008 10.3 2009 11.1 According to the Census Bureau, the number of people below the poverty level has been steadily increasing (CNN, September 16, 2010). This means many families are finding themselves there...
The data on the below shows the number of hours a particular drug is in the system of 200 females. Develop a histogram of this data according to the following intervals: Follow the directions. Test the hypothesis that these data are distributed exponentially. Determine the test statistic. Round to two decimal places. (sort the data first) [0, 3) [3, 6) [6, 9) [9, 12) [12, 18) [18, 24) [24, infinity) 34.7 11.8 10 7.8 2.8 20 9.8 20.4 1.2 7.2...
a survey asked 50 baseball fans to report the number of games they attented last year. The results of the survey are presented below. Construct a histogram using the data. What can you tell about how the data is distributed given your histogram? 5 16 11 8 8 8 5 11 14 10 15 26 15 19 7 6 24 20 9 18 14 6 6 16 10 6 5 24 25 22 7 15 4 9 5 21 28...
based on this assignment: For this assignment, you will undertake an analysis based on a self-designed fictitious study that utilizes statistical methodologies. You will first develop a fictitious problem to examine - it can be anything. For example, maybe you want to look at whether scores on a standardized college placement test (like the SAT) are related to the level of income a person makes 10 years after college; Or, whether those who participate in a Leadership Training program rated...
1. Explain what will happen to the price level real GDP and the unemployment rate in the following cases: a. AD falls by the same amount that SRAS rises b. AD falls by less than SRAS rises c. AD falls by more than SRAS falls d. AD falls by the same amount that SRAS falls e. AD falls by less than SRAS falls 2. Explain how expectations about future sales will affect investment. 3. How will a change in the...
a. Suppose Sora's revenue and free cash flow are expected to grow at a 5.9% rate beyond year four. If Sora's weighted average cost of capital is 14.0%, what is the value of Sora stock based on this information? b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70% of sales, how would the estimate of the stock's value change? c. Return to the assumptions of part (a)...
A group of high-technology companies agreed to share employee salary information in an effort to establish salary ranges for technical positions in research and development. Data obtained for each employee included current salary (Salary), an indicator variable indicating highest academic degree obtained (Degree - O for an employee with a master degree and Degree - 1 for an employee with a Ph.D. degree), and years of experience since last degree (Years). The data are provided in an Excel file "Final...