10. In the following equation, GDP refers to gross domestic product, and FDI refers to foreign direct investment. In(GDP) = 2.65 + 0.222ln(BANKCREDIT) + 0.198FDI Which of the following statements is then true? A. If FDI increases by 1%, GDP increases by approximately 22.2%, the amount of bank credit remaining constant. B. If FDI increases by 1%, GDP increases by approximately 26.5%, the amount of bank credit remaining constant. C. If FDI increases by 1%, GDP increases by approximately 21.9%, the amount of bank credit remaining constant. D. If FDI increases by 1%, GDP increases by approximately 0.222%, the amount of bank credit remaining constant. 11. The population parameters estimated using econometric methods are generally used for or A. testing hypotheses; predicting B. confirming; denying effects of policy C. validation; repudiation D. generating data; probability distributions 12. Which of the following refers to panel data? A. Data on the unemployment rate in Tanzania over a 5-year period B. Data on the birth rate, death rate and population growth rate in 48 Sub-Sahara Africa countries over a 10-year period. C. Data on income, experience and education of 100 individuals on a particular year. D. Data on the price and sales of a company's share during a year. 13. A scatter gram of wages against years of work experience may reveal A. the direction of a relationship. B. the strength of a relationship. C. the form of a relationship. D. all of the above. 14. A large manufacturing firm is accused of gender discrimination in wages. The following wage equation wasn estimated from the firm's data In(WAGE) = 1.439 +.0834 EDU + .0512 EXPER + .1932 MALE, where WAGE is hourly wage, EDU is years of education, EXPER is years of relevant experience, and MALE indicates the employee is male. What hypothesis would you test to determine if the discrimination claim is valid? A. Ho:ßmale = 0; H₁: MALE ²0 B. Ho: MALE = BEDU = BEXPER = 0; H₁: Bmale # 0 and BEDU # 0 and BEXPER # 0 C. Ho: MALE = BEDU = BEXPER= 0; H₁: BMALE #0 or BEDU # 0 or BEXPER # 0 D. Ho: MALE BEDU or PMALE BEXPER; H₁: MALE > BEDU or PMALE > BEXPER
10. In the following equation, GDP refers to gross domestic product, and FDI refers to foreign direct investment. In(GDP) = 2.65 + 0.222ln(BANKCREDIT) + 0.198FDI Which of the following statements is then true? A. If FDI increases by 1%, GDP increases by approximately 22.2%, the amount of bank credit remaining constant. B. If FDI increases by 1%, GDP increases by approximately 26.5%, the amount of bank credit remaining constant. C. If FDI increases by 1%, GDP increases by approximately 21.9%, the amount of bank credit remaining constant. D. If FDI increases by 1%, GDP increases by approximately 0.222%, the amount of bank credit remaining constant. 11. The population parameters estimated using econometric methods are generally used for or A. testing hypotheses; predicting B. confirming; denying effects of policy C. validation; repudiation D. generating data; probability distributions 12. Which of the following refers to panel data? A. Data on the unemployment rate in Tanzania over a 5-year period B. Data on the birth rate, death rate and population growth rate in 48 Sub-Sahara Africa countries over a 10-year period. C. Data on income, experience and education of 100 individuals on a particular year. D. Data on the price and sales of a company's share during a year. 13. A scatter gram of wages against years of work experience may reveal A. the direction of a relationship. B. the strength of a relationship. C. the form of a relationship. D. all of the above. 14. A large manufacturing firm is accused of gender discrimination in wages. The following wage equation wasn estimated from the firm's data In(WAGE) = 1.439 +.0834 EDU + .0512 EXPER + .1932 MALE, where WAGE is hourly wage, EDU is years of education, EXPER is years of relevant experience, and MALE indicates the employee is male. What hypothesis would you test to determine if the discrimination claim is valid? A. Ho:ßmale = 0; H₁: MALE ²0 B. Ho: MALE = BEDU = BEXPER = 0; H₁: Bmale # 0 and BEDU # 0 and BEXPER # 0 C. Ho: MALE = BEDU = BEXPER= 0; H₁: BMALE #0 or BEDU # 0 or BEXPER # 0 D. Ho: MALE BEDU or PMALE BEXPER; H₁: MALE > BEDU or PMALE > BEXPER
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
Transcribed Image Text:10. In the following equation, GDP refers to gross domestic product, and FDI refers to
foreign direct investment.
In(GDP) = 2.65 +0.222ln(BANKCREDIT) + 0.198FDI
Which of the following statements is then true?
A. If FDI increases by 1%, GDP increases by approximately 22.2%, the amount of
bank credit remaining constant.
B. If FDI increases by 1%, GDP increases by approximately 26.5%, the amount of
bank credit remaining constant.
C. If FDI increases by 1%, GDP increases by approximately 21.9%, the amount of
bank credit remaining constant.
D. If FDI increases by 1%, GDP increases by approximately 0.222%, the amount of
bank credit remaining constant.
11. The population parameters estimated using econometric methods are generally used for
or
A. testing hypotheses; predicting
B. confirming; denying effects of policy
C. validation; repudiation
D. generating data; probability distributions
12. Which of the following refers to panel data?
A. Data on the unemployment rate in Tanzania over a 5-year period
B. Data on the birth rate, death rate and population growth rate in 48 Sub-Sahara
Africa countries over a 10-year period.
C. Data on income, experience and education of 100 individuals on a particular year.
D. Data on the price and sales of a company's share during a year.
13. A scatter gram of wages against years of work experience may reveal
A. the direction of a relationship.
B. the strength of a relationship.
C. the form of a relationship.
D. all of the above.
14. A large manufacturing firm is accused of gender discrimination in wages. The following
wage equation wasn estimated from the firm's data
In(WAGE) = 1.439 + .0834 EDU + .0512 EXPER+.1932 MALE,
where WAGE is hourly wage, EDU is years of education, EXPER is years of relevant
experience, and MALE indicates the employee is male. What hypothesis would you test
to determine if the discrimination claim is valid?
A. Ho:BMALE = 0; H₁: MALE ≥ 0
B. Ho: MALE = BEdu = Bexper = 0 ; H₁: BMALE #0 and BEDU # 0 and BEXPER # 0
C. Ho:BMALE = BEDU = BEXPER= 0; H₁: BMALE # 0 or BEDU # 0 or BEXPER # 0
D. Ho: MALE BEDU Or BMALE BEXPER; H₁: PMALE > BEDU Or BMALE > BEXPER
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