gdp per capita is a measure of prosperity because it divides the total gdp of a country by its population. which of the below forecasts for a country would result in the highest GDP per capita growth? An increase of 7% in GDP ana a population growth of 2% An increase of 4% in GDP ana a population growth of 1% An increase of 2% in GDP ana a population growth of 0%
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- The R function for logistic regression is: Question 21 options: logit exp lm glmA company manufactures 3 products in 2 different factories. The cost of production and time required for production for each product varies depending on which factory produces it. The time and cost required for production of each product in each factory is provided in the tables in this worksheet. Demand for products 1, 2 and 3 are 200, 240 and 100 units, respectively. There are a total of 3,000 hours available in each factory. Additionally, at least 60% of the total units of Product 1 must be produced in Factory A, and at least 40% of of the total units of Product 2 must be produced in Factory B. Create a linear programming model and use the Solver add-in to determine the optimal production plan that will minimize total cost. Note: The cost is per unit not per hour. All demand must be met.A startup team is interested in creating a productivity app. In estimating the cost of creating the app, they collected sample data and developed the following regression equation: ŷ = -8.631 + 20.94711 +0.251r2 + 1.373z3 where = number of developers I = number of hours spent creating the app I3 = cost of software and testing (S'000) y = total cost of creating app (S'000) a. What is the value of bz in the equation? b2 b. Does it make sense to interpret bg in this equation? o Yes O No c. Predict the cost of creating an app involving 5 developers, 650 hours and $25,000 in software and testing costs.
- A B 1 Given Information: 2 3 4 5 6 7 8 9 Decision Variable: 10 11 12 Uncertain Variable: 13 Daily Demand 14 15 16 17 Copier Rental Store Cost Price C D Variable Cost Max Production per Copier Days Business is Open # of Copiers to Rent Workspace: Calculate Annual Copies Sold Maximum Annual Production Estimated Annual Demand Actual Amount of Copies Sold 18 19 20 Objective: Calculate Annual Profits 21 Revenue E $5,000.00 per year $4,800.00 per year $0.10 per copy $0.03 per copy 100000 copies 365 days F 3 copiers 1500 copies per day 300,000 544500 G H This is a very problem. You how much th based on demIdentify the level of measurement of the following variables. * None of the Interval Nominal Ordinal Ratio above Age in years of the youngest member of each household The postal code of households People's attitude to smoking Relative wealth (listed as "Poor" to "Wealthy") Proximity to the sea (kilometers from the nearest coastline)You are working as a data scientists and you have received data on house prices in the Boston region. The data set contains the following variables: • crim: per capita crime rate by town • zn: proportion of residential land zoned for lots over 25,000 sq.ft. • indus: proportion of non-retail business acres per town • chas: Charles River dummy variable (= 1 if tract bounds river; 0 otherwise) • nox: nitric oxides concentration • rm: average number of rooms per dwelling •age: proportion of owner-occupied units built prior to 1940 • dis: weighted distances to five Boston employment centers • rad: index of accessibility to radial highways • tax: full-value property-tax rate per $10,000 ptratio: pupil-teacher ratio by town • b: 1000(Bk - 0.63)² where Bk is the proportion of blacks by town Istat: % lower status of the population • medv: Median value of owner-occupied homes in $1000s Given this information: 1. Download the dataset boston.csv and open it as a PANDAS dataframe. 2. Using 'medv'…
- Suppose for a particular week, the forecasted sales were $4,000. The actual sales were $3,000. What is the value of the mean absolute percentage error?8.Major Vegetables and Root Crops Quarterly Bulletin, April-June 2023 September 2023 Production of cabbage during the second quarter of 2023 was registered at 23.33 thousand metric tons. This represents a decrease of -4.5 percent from the 24.44 thousand metric tons recorded output in the same quarter of 2022. CAR was the leading producer of cabbage with 18.50 thousand metric tons or 79.3 percent share to the total production during the quarter. This was followed by Central Visayas with 1.38 thousand metric tons or 5.9 percent share. The January to June 2023 area harvested for cabbage was estimated at 2.94 thousand hectares. This was 0.6 percent higher than the same period of previous year’s level of 2.92 thousand hectares. what is the cause of the decrease in production? what is the critical baguio vegetable production has decreased these past few years?