An economy is based on two sectors, agriculture and energy. Given the technology matrix M and the final demand matrix D (in billions of dollars), find I − M − 1 and the output matrix X : A E M = A E 0.2 0.15 0.4 0.3 D = A E 30 20
An economy is based on two sectors, agriculture and energy. Given the technology matrix M and the final demand matrix D (in billions of dollars), find I − M − 1 and the output matrix X : A E M = A E 0.2 0.15 0.4 0.3 D = A E 30 20
Solution Summary: The author calculates the output matrix X and the technology matrix and demand matrix.
An economy is based on two sectors, agriculture and energy. Given the technology matrix
M
and the final demand matrix
D
(in billions of dollars), find
I
−
M
−
1
and the output matrix
X
:
1. (i) Give the definition of a metric on a set X.
[5 Marks]
(ii) Let X = {a, b, c} and let a function d : XxX → [0, ∞) be defined
as d(a, a) = d(b,b) = d(c, c) 0, d(a, c) = d(c, a) 1, d(a, b) = d(b, a) = 4,
d(b, c) = d(c,b) = 2. Decide whether d is a metric on X. Justify your answer.
=
(iii) Consider a metric space (R, d.), where
=
[10 Marks]
0
if x = y,
d* (x, y)
5
if xy.
In the metric space (R, d*), describe:
(a) open ball B2(0) of radius 2 centred at 0;
(b) closed ball B5(0) of radius 5 centred at 0;
(c) sphere S10 (0) of radius 10 centred at 0.
[5 Marks]
[5 Marks]
[5 Marks]
(c) sphere S10 (0) of radius 10 centred at 0.
[5 Marks]
2. Let C([a, b]) be the metric space of continuous functions on the interval
[a, b] with the metric
doo (f,g)
=
max f(x)g(x)|.
xЄ[a,b]
= 1x. Find:
Let f(x) = 1 - x² and g(x):
(i) do(f, g) in C'([0, 1]);
(ii) do(f,g) in C([−1, 1]).
[20 Marks]
[20 Marks]
1. (i) Explain the difference in application between the Mann-Whitney U test
and the Wilcoxon Signed-Rank test, i.e. in which scenarios would each test be
used?
(ii) What is the main procedure underlying these nonparametric tests?
[3 Marks]
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