Interaction effects in Regression
e.g. Gender Discrimination
Is the impact of higher years of experience on salary the same across gender?
Salary =
0
+
1
Male +
Exp
2
Every increase in 1 year experience, Malessalary increases 2 dollars
Every increase in

Statistics
Prof. Sharad Borle
Practice Problems with Solutions
Problem 1
A set of final exam scores in a B school course was found to be normally
distributed, with a mean of 73 and a standard deviation of 8.
a. What is the probability of getting a score o

Auction Price = -1336.72 + 12.74 Ages of items + 85.815 Number of bidders
Intercept: On average, an item which is 0 years old and has no bidders will have an expected
price of $-1336.72. This obviously does not make common sense
Beta1 : If there were 2 it

Peter Navarro Interview - If It's Raining in Brazil, Buy Starbucks
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Meet the MasterMinds: Peter Navarr

4.1: Keynesian economic
Questions
1) Who is John Maynard Keynes?
2) What do you think is the fundamental idea of Keynesian
economic?
3) What is the paradox of thrift?
4) Why Greg Mankiw argued that Keynes is a defunct economist?
Readings and assignments

Graduate Institute of Business Administration
Of Chulalongkorn University
MECN D50
Macroeconomics
Q3.1 NovemberDecember
MECN D50
Dr. Piyachart Phiromswad
E-mail: piyachart.phiromswad@sasin.edu
Office Hours: By appointment
You have 90 minutes to answer all

The subprime crisis
In this part, we are going to understand events that relate to the
subprime crisis originated in the U.S. which spread out to almost all parts
of the world in more detail. The following are the chronology of events
that lead to the sub

22 December 2014
Subprime Crisis Discussion
Bubble in housing market Bubble burst and affected other sectors and eventually
spread globally.
1) The spectacular growth of the export-led growth emerging markets particularly
China
a. Growth in developing cou

1.1: Why should everyone know macroeconomics?
Questions
1) Can you give examples of macroeconomics events that will
certainly affect business persons?
2) Can you give examples of macroeconomics events that will
certainly affect ordinary people?
3) Can you

Graduate Institute of Business Administration
Of Chulalongkorn University
MECN D50
Macroeconomics
Q3.1 NovemberDecember
MECN D50
Dr. Piyachart Phiromswad
E-mail: piyachart.phiromswad@sasin.edu
Office Hours: By appointment
Practice final exam 2013: You hav

Statistics
Prof. Sharad Borle
Practice Problems with Solutions
Problem 1
A set of final exam scores in a B school course was found to be normally
distributed, with a mean of 73 and a standard deviation of 8.
a. What is the probability of getting a score o