Econometrics questions and answers in October 2022

Variables: Discuss the similarities and differences between correlation (the relation between independent and dependent variables) and causation (the relation between causes and effects.) Provide a pr...
1.Investor purchases 100 shares of Anteater LLC stock for 25 per share. current market price is 30 per share. Anteater pays annual dividend of $1.00 per share. capital gain (loss) yield/ return to inv...
We would like to obtain an estimator of β1 from the following regression model with only one independent regressor: yi = β0 + β1x1i + ui . (1) However, there is another variable x2i , which is miss...
,. Two friends, Player 1 and Player 2, have arranged to meet at a cafe. Neither can remember which of the two cafes in town they had arranged to meet at. Each player has a favourite cafe. However, the...
A tax on the buyers of smart watches encourages a. buyers to demand a smaller quantity at every price. b. buyers to demand a larger quantity at every price. c. sellers to supply a larger quantity at e...
When a tax is placed on the sellers of smart watches, the size of the smart watch market a. decreases, but the effective price received by sellers increases. b. and the effective price received by sel...
Suppose the equilibrium price of a stick of deodorant is $4, and the government imposes a price floor of $5 per stick. As a result of the price floor, the a. quantity demanded of deodorant decreases, ...
If you favor democracy, how would you respond to the following arguments against democracy? Arguments Against Democracy? 1. Voters are ignorant. They don't understand where their interest lies. (Shoul...
Suppose Norway's demand for wi-fi speakers is given by the following equation: P= 290-QD and Norwegian suppliers face the  following supply equation P=20 + 0.5QS. Further suppose the world price of w...
Need help understand these 2 questions.      . Use previous knowledge of ethical theories to classify each of the following statements based on its underlying ethical approach. Note: Statements att...
 . 2. Multivariable Regression Plug and Chug Consider the following regression: Yi = Bo + BIXli + B2Xzi + B3X3i + Ui And the following estimated regression: Y = 2.30 + 1.87 X1i - 2.11 X2i + 12.00X3i ...
1. Why would you prefer to live in a democracy, rather than an orderly authoritarian regime? 2.  In what ways would a democracy promote economic growth? (more than in an authoritarian regime) If you ...
China is gradually liberalizing the use of its currency, the Yuan, in international trade and finance. However, the U.S. dollar still dominates international markets as a medium of exchange and store ...
Question 3  The following ACF plots were produced for raw data of monthly sales of two different  variables, A and B.  a) Explain which variable (A or B) is likely to be easier to forecast. (2 mark...
Bb Take Test: Midterm - 2022 Fall | > + X C bbhosted.cuny.edu/webapps/assessment/take/take.jsp? course_assessment_id=_2342560_1&course_id=_... @ O . . . New folder Orgo I - Lecture N.. NGT NIST...
 . Bb Take Test: Midterm - 2022 Fall | > + X C bbhosted.cuny.edu/webapps/assessment/take/take.jsp? course_assessment_id=_2342560_1&course_id=_... Q O . . . New folder Orgo I - Lecture N... NGT...
 . 11 5 points Which of the following is an example of a country reaching a macroeconomic goal? O Germany's GDP has increased annually by at least 3% for the past 3 years. O Canada's unemployment rat...
 . All of the following are considered benefits of free trade EXCEPT O Reduction of trade barriers O Cheaper goods and services Increased variety of goods and services O Protection of domestic indust...
Now estimate the auxiliary regression of IQ on educ . Interpret the coefficient on educ in this regression. Is the relationship you estimate between IQ and educ consistent with your answer to question...
Estimate a model of lwage on educ and  IQ. (In Stata, type: reg lwage educ IQ.) What is the OLS estimate of β 1 from this regression and how do you interpret it? Why is it smaller than the estimate...
When the sex of an unborn baby is known, friends and family tend to give the expectant parents pink clothing for girls and blue clothing for boys. What is the idea that boys should wear blue and girls...