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### Lahore School of Economics MPHIL Econometrics I (Winter 2010) Problem Set 1-Solutions

Course: ECON 201, Spring 2012
School: LSE
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School Lahore of Economics MPHIL Advanced Econometrics Winter to 2010 Solutions Problem Set 1

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School Lahore of Economics MPHIL Advanced Econometrics Winter to 2010 Solutions Problem Set 1
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LSE - ECON - 201
Lahore School of EconomicsMPHIL Advanced EconometricsWinter 2010Solutions to Problem Set 21. E[y|x]=+x where = Cov(x,y)/Var(x) = 3/5 and =y - x 1 2(3/5) = -1/5E[y|x,z]= + 1x+ 2z where ( 1, 2)= [Var(x,z)]-1Cov[(x,z),y]1 5 2 3 16 / 26 = = 2 6 1
LSE - ECON - 201
Lahore School of EconomicsMPHIL Advanced EconometricsWinter 2011Quiz 1Question 1. Suppose you were interested in looking at the demand for cars sold in Lahore and obtained time series data on the yearlydemand for cars (a variable called CARSt), the y
LSE - ECON - 201
Lahore School of EconomicsMPHIL Advanced EconometricsWinter 2011Quiz 2Question 1. Consider the following two equation model:(A) Verify that as stated, neither equation is identified. (5 points)(B) Suppose that the model was as stated. How would you
LSE - ECON - 201
Lahore School of EconomicsMPHIL Advanced EconometricsWinter 2011Quiz 3Question 1. This question examine the relationship between the general level of education of citizens and the level of politicalcorruption.The data below are cross-sectional for t
LSE - ECON - 201
LSE - ECON - 201
LSE - ECON - 201
LSE - ECON - 201
Solutions to Quiz 4Q1)A)KeepingIn order to calculate, we need andThus,Now we have,Here,Thus we have,B) Using the above derived equation:C) In that case, we will have a 44 martrix. In order to identify our equations, we need to putrestrictions o
LSE - ECON - 201
Homework: 2 Solutiona) count if fsize=1There are 2017 households of size 1.b) reg nettfa inc age if fsize=1The income coefficient is positive, signifying a positive relationship between net wealth andincome as expected. Furthermore according to the p
LSE - ECON - 201
Homework 3Total marks: 10Qs 3) Use the data in MEAP93.dta to answer the following:i.Estimate a multiple model regressing math10 on log(expend) and lnchprg. Are the slopecoefficients what you expected? (1)ii.What do you make of the intercept you hav
LSE - ECON - 201
1aegen ID = concat(P_CODE MNO), format(&quot;%20.0g&quot;)sort IDmerge 1:1 ID using &quot;C:\Users\mm\Desktop\s51.dta&quot;1 b. if S4 is the master file:_merge10154,030296,79032 a. tab PROV Q405, sum (Q406) or by PROV, sort : tabstat Q406, statistics( mean ) by(Q
LSE - ECON - 201
ECONOMETRICS 1QUIZ 3SECTION A &amp; BQs 1. The following questions refer to the computer output in EXHIBIT 1. These are hypothetical demand dataconcerning a cross-sectional sample of 50 communities wherein a firm markets its output. The dependent variable
LSE - ECON - 201
ECONOMETRICS 1BSC IIISECTION CPractice questions1) Suppose you were asked to consider the following demand function for chicken:where Y = per capita consumption of chicken, lb, X2 = real disposable per capita income, \$,X3 = real retail price of chic
LSE - ECON - 201
LSE - ECON - 201
Quiz 21. D11. T2. E12. F3. E13. F4. E14. T5. D15. F6. A16. F7. C17. F8. C18. T9. E19. F10. C20. FQuiz 2.1. F11. D2. T12. E3. T13. C4. T14. A5. T15. B6. F16. B7. F17. C8. T18. D9. F19. B10. T20. D
LSE - ECON - 201
Quiz 11. C11. F2. C12. F3. B13. F4. B14. T5. B15. F6. A16. T7. A17. T8. D18. F9. C19. F10. D20. FQuiz 1.1. C11. T2. E12. F3. C13. F4. D14. T5. A15. T6. D16. T7. D17. F8. A18. F9. B19. T10. D20. T
LSE - ECON - 201
Quiz 1-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) Check the quadratic form is either positive definite or negative definite or positive semidefinite ornegative semidefinite o
LSE - ECON - 201
Quiz 1-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) Check the quadratic form is either positive definite or negative definite or positive semidefinite ornegative semidefinite o
LSE - ECON - 201
Quiz 2-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) A two-product firm faces the following demand and cost functions: [6]Find the output levels that satisfy the first-order con
LSE - ECON - 201
Quiz 2-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) A manufacturer sells two related products, the demand for which are estimated by the following twodemand functions:[6]Wher
LSE - ECON - 201
Quiz 3-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_Q1: (a) Given the utility function and the constraintand optimal values are .Find and .[4](b) Maximize subject to and [6].Give
LSE - ECON - 201
Quiz 3-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_Q1: (a) Given the utility function and the constraintand optimal values are .Find and .[4](b) Maximize subject to and [6].Give
LSE - ECON - 201
Quiz 1-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) Check the quadratic form is either positive definite or negative definite or positive semidefinite ornegative semidefinite o
LSE - ECON - 201
Quiz 1-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) Check the quadratic form is either positive definite or negative definite or positive semidefinite ornegative semidefinite o
LSE - ECON - 201
Quiz 2-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) A two-product firm faces the following demand and cost functions: [6]Find the output levels that satisfy the first-order con
LSE - ECON - 201
Quiz 2-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_1. (a) A manufacturer sells two related products, the demand for which are estimated by the following twodemand functions:[6]Wher
LSE - ECON - 201
Quiz 3-1Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_Q1: (a) Given the utility function and the constraintand optimal values are .Find and .[4](b) Maximize subject to and [6].Give
LSE - ECON - 201
Quiz 3-2Total Marks 20Lahore School of EconomicsBSC II Section AMathematical Economics IISpring 2012Name:_Section:_Q1: (a) Given the utility function and the constraintand optimal values are .Find and .[4](b) Maximize subject to and [6].Give
Middle East Technical University - ME - 410
2-D MODELING OF A PROTON EXCHANGE MEMBRANE FUEL CELLA THESIS SUBMITTED TOTHE GRADUATE SCHOOL OF NATURAL AND APPLIED SCIENCESOFMIDDLE EAST TECHNICAL UNIVERSITYBYERTAN AGARIN PARTIAL FULFILLMENT OF THE REQUIREMENTSFORTHE DEGREE OF MASTER OF SCIENCE
DeVry Houston - FI - 515
QUESTIONWhat are the elements of negligence that Mr. Margreiter will need to prove against thehotel in order to win his case? List the five elements here.AnswerFive elements of the negligence which apply to this case of Mr. Douglas Margreiterwill req
DeVry Houston - ACCT - 306
E 1818 - Brenner-Jude Corporation - ACC306 Intermediate Accounting II -AUE 1818 - Brenner-Jude Corporation -Transactions affecting retained earnings LO6 LO7Shown below in T-account format are the changes affecting the retained earnings of BrennerJude Co
DeVry Houston - ACCT - 306
Investment Quiz1. What is the return on invested capital to an investor who purchased a futures contract at a priceof 297 and sells the contract for 308? The contract is on 5,000 units, requires a 3% margin depositand is priced in cents per unit. (Poin
DeVry Houston - ACCT - 306
DeVry Houston - ACCT - 306
ThemarketingmanagerofDrexelHallisconsideringtwoalternativestrategies,eachofwhich wouldcost\$15,000per month. One strategy is toadvertisethe name DrexelHall,whichis expected to increase the monthly sales in all stores by 5 percent. The other strategy is t
DeVry Houston - ACCT - 306
DeVry Houston - ACCT - 306
1)How much of the indirect advertising costs will be allocated to the Shoes Department ifnewspaper ad space is the activity driver?a.\$2,480b.\$4,000c.\$4,340d.\$1,5202)Acompanyincurred\$40,000ofcommonfixedcostsand\$60,000ofcommonvariablecosts. Thes
DeVry Houston - ACCT - 306
CarlospurchasedanapartmentbuildingonNovember16,2011,for\$1,000,000.Determinethe costrecoveryfor2011.a.\$3,210b.\$3,970c.\$4,550d.\$7,580e.Noneoftheabove
DeVry Houston - ACCT - 306
E 5-1Turgo Company manufactures a single product. Annual production costs incurred in themanufacturing process are shown below for two levels of production.PRODUCTION in UNITSPRODUCTION COSTSCOST/COSTS INCURRED5,00010,000TOTALCOST/TOTALCOSTUN
DeVry Houston - ACCT - 306
(Betaandrequiredreturn)Therisklessreturniscurrently6%,andChicagoGearhasestimatedthecontingentreturnsgivenhere.a.CalculatetheexpectedreturnsonthestockmarketandonChicagoGearstock.ExpectedReturnsonthemarket=Probability*RealizedreturnofmarketExpectedRetur
DeVry Houston - ACCT - 306
(Bondvaluation)A\$1,000facevaluebondhasaremainingmaturityof10yearsandarequiredreturnof9%.Thebond'scouponrateis7.4%.Whatisthefairvalueofthisbond?CalculatingPVfactori=requiredreturn=9%=0.09n=10yearsUsingCouponRatetocalculatepresentvalueofAnnuity,UsingC
DeVry Houston - ACCT - 306
(Dividenddiscountmodel)AssumeRHMisexpectedtopayatotalcashdividendof\$5.60nextyearanditsdividendsareexpectedtogrowatarateof6%peryearforever.Assumingannualdividendpayments,whatisthecurrentmarketvalueofashareofRHMstockiftherequiredreturnonRHMcommonstockis1
DeVry Houston - ACCT - 306
(Requiredreturnforapreferredstock)JamesRiver\$3.38preferredissellingfor\$45.25.Thepreferreddividendisnongrowing.WhatistherequiredreturnonJamesRiverpreferredstock?D(Dividend)=P(CurrentPrice)=RequiredReturn=\$3.38\$45.25D/P=0.0746967.46%
DeVry Houston - ACCT - 306
(Stockvaluation)SupposeToyotahasnonmaturing(perpetual)preferredstockoutstandingthatpaysa\$1.00quarterlydividendandhasarequiredreturnof12%APR(3%perquarter).Whatisthestockworth?D(Dividend)=r(RequiredReturn)=P(Priceofstock)=\$1.000.03D/r=33.3333
DeVry Houston - ACCT - 306
DeVry Houston - ACCT - 306
DeVry Houston - ACCT - 306
(Constantgrowthmodel)Medtransisaprofitablefirmthatisnotpayingadividend on itscommon stock.James Weber,ananalystforA.G.Edwards,believesthat Medtranswillbeginpayinga\$1.00persharedividendintwoyearsandthatthe dividend will increase 6% annually thereafter.
DeVry Houston - ACCT - 306
Paul Corporation (the parent) owned a truck with an original cost of \$12,000. It had been depreciatedfor\$7,500inthelast5yearsonthestraightlinemethodwith8yearsoflifeandno salvage value. On January 1, 2011, Paul sold the truck to Sadine Company (a 75%owne
DeVry Houston - ACCT - 306
1. Basedonwhatyouknowhowwouldyouexplaintheriskreturntradeoff?Infinancialterms,theriskreturntradeoffisthechancethattheactualreturngained from an investment will be different than the expected rate of return for that investment.Measuredinstatisticalterms
DeVry Houston - ACCT - 306
NewtonCompanyispreparingitsannualearingpershareamountstobedisclosedonits2010 incomestatement.Ithascollectedthefollowinginformationattheendof2010.1. Netincome:\$120,400.Includedinthenetincomefromcontinuingoperationof\$130,400 andanextraordinaryloss(netofi
DeVry Houston - ACCT - 306
DeVry Houston - ACCT - 306
A12345678910111213141516171819202122232425262728293031BCDEFGHMullet Technologies is considering whether or not to refund a \$75 million, 12 percent coupon, 30 year bond issue that was sold 5 years ago. It is amortizin
DeVry Houston - ACCT - 306
1. (TCO1)Anincomestatementshowswhichofthefollowing? (Points : 4)revenues,liabilities,andstockholdersequityexpenses,dividends,andstockholdersequityrevenues,expenses,andnetincomeassets,liabilities,andstockholdersequity2. (TCO1)Managementsviewsonthecomp
DeVry Houston - ACCT - 306
Afirmwillbegintoexperiencediminishingreturnsatthepointwhere(Points:1)marginalcostincreases.marginalcostdecreases.marginalproductincreases.BothBandC2.Intheshortrun,(Points:1)allfirmsthatearnalosswillshutdown.ifcurrentfirmsareearningaprofit,newfirmsw
DeVry Houston - ACCT - 306
E6-5 Catlet Co. uses a periodic inventory system. Its records show the following for themonth of May, in which 65 units were sold. Units Unit Cost Total Cost May 1 Inventory30 \$ 8 \$240 15 Purchases 25 11 275 24 Purchases 35 12 420 Totals 90 \$935 Compute
DeVry Houston - ACCT - 306
CIS 321 Case Study Equipment Check-Out SystemMILESTONE 2 PROBLEM ANALYSIS_SynopsisTheres an old saying that suggests, Don't try to fix it unless you understand it. Withthose words of wisdom, the next milestone of our project is to study and analyze t
DeVry Houston - ACCT - 306
1. Attheoperatingbreakevenpoint,thesalesrevenueisequaltothesumofthefixedandvariableoperatingcosts.TrueorFalse?2. Duetothedifficultyofallocatingcoststoproductsinamultiproductfirm,thebreakevenmodelmayfailtodeterminebreakevenpointsforeachproductline.Trueo
DeVry Houston - ACCT - 306
SADM 6/ed CASE STUDY 1 CRS Milestone 2: SolutionPage: 2-1MILESTONE 2 - PROBLEM ANALYSIS SOLUTIONPreparedbyGaryB.Randolphfor SystemsAnalysis&amp;DesignMethods6ed byJ.L.Whitten,L.D.Bentley,&amp;K.C.DittmanCopyrightIrwin/McGrawHill2004SADM 5/ed CASE STUDY 1 CRS
DeVry Houston - ACCT - 306
Company Evaluation Paper PepsiCo 1 Running head: COMPANY EVALUATION PAPER PEPSICOCompany Evaluation Paper PepsiCo University of PhoenixCompany Evaluation Paper PepsiCo 2Company Evaluation Paper PepsiCo. This paper provides calculated ratios of liquidit
DeVry Houston - ACCT - 306
EXERCISE516(a)CHAMBERLINMANUFACTURINGCostofGoodsManufacturedScheduleFortheMonthEndedJune30,2008Workinprocessinventory,June1.DirectMaterialsRawmaterialsinventory,June1.Rawmaterialspurchases.Totalrawmaterialsavailableforuse.Less:Rawmaterialsinvent
DeVry Houston - ACCT - 306