Researcher A is interested in the wage differential between genders in the Brisbane area.She interviewed 4,520 full time employees in the Brisbane metropolitan area to collectdata on weekly income and gender from each interviewee, along with other individualcharacteristics that may determine labour market outcomes including, but not limited to,years of schooling, marital status, and number of kids. Every individual in the dataset iseither male or female.Researcher A then tried to regress log(income) on the dummy for male and the dummyfor female and other individual characteristics including a constant. But, she wasconfused because the econometrics package refused to compute the estimate for thedummy for male. In fact, the econometrics package omits the dummy for male in order toavoid the problem known as:a.Omitted Variable Bias.b.Perfect Multicollinearity.C.Homoskedastic errors.d.Control variables.e.Existence of Outliers.

Researcher aim : Wage differential between genders in Brisbane area. Sample : ( 4520 full time…

Answered: Researcher A is interested in the wage…

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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A study was undertaken to determine whether there was a significant weight (in lb) loss after one year course of therapy for diabetes, and whether the amount of weight (in lb) loss was related to initial weight. The following table gives the initial weight (x) and weight after one year of therapy (y) for 16 newly diagnosed adult diabetic patients.
A manufacturing firm produces its products in batches using sophisticated machines and equipment. The general manager wanted to investigate the relationship between direct labor costs and the number of units produced per batch. The recorded the data from the last 30 batches is below Batch Size Labor Cost Batch Size Labor Cost (5) 25 34 19 31 39 21 21 19 40 36 34 29 26 36 423 415 447 430 340 317 362 452 464 438 420 400 469 25 39. 25*8585& 29 31 21 36 39 29 41 35. 21 29 25 395 88888883 429 440 420 400 425 420 401 451 422 410 395 409 Determine the fixed and variable labor costs (Round your answers to the nearest cent) fixed cost 5 variable labor cost
A researcher wants to investigate whether single people who own pets are happier than singles without pets. A mood inventory is administered to a group of 20-29 years old non-pet owners and a similar age group of pet owners. The pet owners are also matched one one one with non-pet owners for income, number of close friends, and general health. The data are as follows: Non-pet owner pet owner 10 15 9 9 11 10 11 19 5 17 9 15 is there a significant difference in the mood scores for non-pet owners and pet owners?
(True/False). These data show that 80% of companies worth $75K or more are tracking the online and cellphone activity of 47% percent of US adults. (True/False). These data show that in comparison to companies, the government is less likely to track online activity. (True/False). These data show that companies run by individuals ages 18 to 29 years old are the most likely to track online activity. (True/False). These data show that the government is very likely to track Black adults (60%) and Hispanic adults (56%) and less likely to track White adults (43%).
Most supermarkets use scanners at the checkout counters. The data collected this way can be used to evaluate the effect of price and store's promotional activities on the sales of any product. The promotions at a store change weekly, and are mainly of two types: flyers distributed outside the store and through newspapers (which may or may not include that particular product), and in-store displays at the end of an aisle that call the customers' attention to the product. Weekly data was collected on a particular beverage brand, including sales (in number of units), price (in dollars), flyer (1 if product appeared that week, 0 if it didn't) and display (1 if a special display of the product was used that week, 0 if it wasn't).As a preliminary analysis, a simple linear regression model was done. The fitted regression equation was: sales = 2259 - 1418 price. The ANOVA F test p-value was .000, and r squared = 59.7%.According to this model, how many units will be sold, on average, when the…
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Hellen has just started a new years competition for her local climbing gym. There are two categories for this competition: singles and group (18 people). The rules are simple, put in the most hours in one months time and you get a guided tour to climb Ten Sleep canyon. She knows from running this competition over the years that the number of hours climbers at her gym spend training during this competiton is approximately normal and their mean competition hours per month in the gym are 24 hrs with a standard devaition of 6 hrs If someone puts in between 25.5-32.1 hours on the wall they get a Mountain Goat shirt. What percent of the singles competitors is expected to get a shirt? In the group stage this year the winning group was in the 81 th percentile. What was their average time? The group stage is up for getting Gecko Socks if they also land between 25.5-32.1 hours on the wall on average. What prercent of the groups are expected to qualify for the socks?
Beachcomber Ltd in a local car dealership that sells used and new vehicles. The manager of the company wants to know how different variables affect the sales of his vehicles. A random sample of yearly data was taken with the view to testing the model: SALES=?+?AGE+?MIL+?ENG Where SALES= amount that a vehicle is sold for($000’s), AGE = age of the vehicle, MIL= the total mileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data was processed using MINITAB and the following is an extract of the output obtained: a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values ‘*’, ‘**’, and ‘***’.
A statistical program is recommended. A company provides maintenance service for water-filtration systems throughout southern Florida. Customers contact the company with requests for maintenance service on their water-filtration systems. To estimate the service time and the service cost, the company's managers want to predict the repair time necessary for each maintenance request. Hence, repair time in hours is the dependent variable. Repair time is believed to be related to three factors, the number of months since the last maintenance service, the type of repair problem (mechanical or electrical), and the repairperson who performed the service. Data for a sample of 10 service calls are reported in the table below. ŷ = Repair Time in Hours 2.9 3.0 ŷ = 4.8 1.8 2.4 4.9 4.7 4.8 4.4 4.5 Months Since Last Service 2 6 8 3 2 7 9 8 4 6 Type of Repair Electrical Mechanical Electrical Mechanical Electrical Electrical Mechanical Mechanical Electrical Electrical Repairperson Dave Newton Dave…
Your state is going to vote on becoming a "right to work" state in the next, and you wonder if there is there a relationship between salary levels and unionization. You find data on salary from the U.S. Census, which is split into three groups: Low; Moderate/About Average, and; High. To see if salary, measured in this way, is associated with unionization you find a variable in the same dataset called "UNION", which has two categories: the respondent has a unionized job and the respondent does not have a unionized job. Because you want to know if you should favor or oppose becoming a "right to work" state, you test these two variables to see if there is an association between salary level and unionized labor. What type of hypothesis test is most appropriate?
A study is performed to assess the prevalence of use of anti-hypertensive medication (MEDS) in the non-institutionalized U.S. population. The following data are reported for MEDS status of the U.S. population by age-sex group: Table 1 Estimated MEDS Status of the U.S. Population by age and sex group, NHANES study 1999-2018 Males Females Age Group MEDS = yes Na Age Group MEDS = yes Na 18-29 160,617 23,069,867 18-29 168,940 22,132,949 30-39 899,152 18,690,754 30-39 759,532 18,937,878 40-49 2,264,304 18,316,125 40-49 2,257,203 18,816,304 50-59 3,215,688 15,022,905 50-59 4,059,363 15,997,653 60-69 2,936,183 8,400,156 60-69 4,260,975 10,993,805 70-79 1,677,664 4,012,930 70-79 2,953,646 6,012,728 aN = total sample size in specific age-sex groups. a. What is the prevalence of use of MEDS in 40-49 year-old females? b. Suppose a married couple consists…
A psychologist believed that as children get older, they engage in more “inactive activities” such as playing computer games, watching TV and surfing the internet. She collected data from 10 children. She recorded the age of each child and the amount of activity (in hours) the child engaged in per week. Age Activity 7 4.3 9 3.2 10 1 13 1.5 12 1.2 15 0.8 9 3 12 4 15 1.5 14 1.9 Using excel, obtain a scatterplot of the data. Discuss the relationship between age and activity based on the scatterplot. Using excel, obtain the simple linear regression linear regression line predicting activity from age. Interpret the intercept and slope of the regression line. By hand, predict the amount of activity for age = 14. By hand, calculate the residual for age = 14 Using excel output, test the null hypothesis that the slope coefficient is zero using the p-value approach. Write one sentence interpreting the meaning of this result. Make sure to report the test statistic…

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