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Category > Business & Finance Posted 05 Jul 2017 My Price 12.00

BSA 542 Week 1 Review Exercises

Complete the following exercises in Principles of Microeconomics:

Ch. 1, p. 18 (Problems and Applications)

  • 5 & 9

Ch. 2, p. 35 (Problems and Applications)

  • 2 & 5
  • 4 (Part A and the following questions)
    • Which one of these outcomes from your answer to Part A is most efficient?
    • What are the more inefficient answers, and why are they less efficient?

Review Ch. 2, Appendix “Graphing: A Brief Review” and then answer the following:

  • The equation of a line is the following:  y = 2 + 0.28x1 + 43.8x2
    • What is the intercept of the line?
    • Is this equation a straight or curvilinear line, and why?
    • Is this the equation for a simple linear equation or a multiple linear equation?
    • What are the two regression coefficients?
    • If the statistical t-value for the second regression coefficient is 9.80, is the coefficient statistically valid at the 95% confidence level? Why or why not?

Ch. 3, p. 60 (Problems and Applications)

  • 8 & 9

Submit your completed answers to your instructor.

Note: Items requiring graphing should be completed using Microsoft Excel and imported into your Microsoft Word document.

Answers

(118)
Status NEW Posted 05 Jul 2017 06:07 PM My Price 12.00

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