a) Compute the sample mean for average
hourly earnings (AHE) in 1992 and in
2008. Construct a 95 % confidence
interval for the population means of AHE
in 1992 and 2008 and the change between
1992 and 2004.
As we can read from the table, the calculated dat
1. Why voting on democracy would not lead to the optimum outcome for society ?
Voting plays an important role in democracy since it is used to make important government policies that
determine the allocation of goods. Even though democracy is often define
1. You run an organization, what resources do you commonly use?
2. What is organizational structure?
Organizational structure is the sum of the ways an organizationdivides its labor into
Distinct tasks and then coordinates them.
3. What is span of control
Word count: 2.008
For my project from macroeconomics I have chosen the theme called Economic
Growth. I find it very interesting because it is one of the most talked about topics nowadays.
It is closely linked wi
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
1) The Cournot Model of Oligopoly assumes that
A) firms make their decisions simultaneously.
B) firms do
Mid-term Exam EC 110Microeconomics
Fall Semester 2011Sarajevo School of Science and Technology
Note: Answer all of the questions. Time allowed 90 minutes.
1. (20 points) Agnes can produce either 1 unit of X or 1 unit of Y in an hour. Brenda can prod
International Political Economy EC130
Summary of George Soros essay
Word count: 854
The Capitalist Threat is essay written by George Soros in Atlantic Monthly in 1997 and its
summary would be thematic of this essay. Question which usually arises is What k
International Political Economy EC150
March 14, 2012
THE CAPITALIST THREAT
George Soros said that the main enemy of the open society is not longer the
communist threat. Instead of that he said that it is the capitalist threat. Famous philosopher
a) Run a regression on average hourly earnings on age. What is the estimated intercept?
What is the estimated slope?
As it can be read from the
table, the clope is 0.604, and
the intercept is 1.0822.
b) Run a regression on
AHE on age, ge
a) Is the estimated regression slope coefficient statistically significant ? Can you reject the null
hypothesis H0: 1 = 0 versus a two sided alternative at the 10, 5 or 1 % significance level ?
What is the p-value associated with coefficient's t-stat
a) Construct a scatterplot of average annual growth rate on the average trade share. Does
there appear to be a relationship between variables?
The table shows the
Test score = 918.0 + 13.9 * SmallClass , R2 =0.01, SER = 74.6
a) Do small classes improve test scores ? By how much ? Is the effect large ? Explain.
Small class SmallClass = 1
Regular class SmallClass = 0
Test score (SmallClass = 1) = 918.
a) Suppose that a homeowner converts part of an existing family room in her house into a
new bathroom. What is the expected increase in the value of the house?
Price = 119.2 + 0.485BDR + 23.4Bath + 0.156Hsize + 0.002Lsize + 0.090Age 48.8Poor
CS/IS245 System Analysis and Design
Wk3 Lab Questions
Student Group: 1
1. What are the five phases of the traditional SDLC?
a. Describe briefly each phase in your own words
SDLC phases include project planning, analysis, design, implementation,