Below are 10 responses to Question 17 What is the total monthly income for this household?...

Below are 10 responses to Question 17 What is the total monthly income for this household? which was included in a City’s KMP Survey Questionnaire.

R6500; R2500; R3000; R1500; R1680; R580; R1500; R820; R2000; R1500

Describe the distribution of the data for a normally distributed random variable in terms of standard deviations.

Expert Solution

orchestra answered 1 year ago

Clark postulates that household size, respondents age and vulnerability index are covariates of monthly income. What...

Clark postulates that household size, respondents age and vulnerability index are covariates of monthly income. What are the various null hypotheses.

Housing policy: Housing subsidies vs. Cash offer A low income household has a monthly income of...

Housing policy: Housing subsidies vs. Cash offer A low income household has a monthly income of 900, and is qualified to receive certain welfare from government in housing. This household has the following utility function and faces the following market information: U = X.Y where X is the housing consumption (sq.) while Y represents all other goods; Price of X (housing per square foot) is $0.5, and price of Y (all other goods) is normalized to be $1. Hint: MRS...

1. The relationship between the monthly expenditure on housing (E) and household income (Y) for three...

1. The relationship between the monthly expenditure on housing (E) and household income (Y) for three age groups are as follows: (1) Age less than 30: E = α0 + β1 Y + u1 (2) Age 31 to 55: E = β0 + β2 Y + u2 (3) Age 56 and over: E = γ0 + β3 Y + u3 a. Explain the meaning of β1, β2, and β3. b. What is the economic interpretation of the hypothesis β1 =...

Question 1 John made equal monthly (end-of-the-month) deposits into an account for 10 years (total of...

Question 1 John made equal monthly (end-of-the-month) deposits into an account for 10 years (total of 120 deposits). He then made equal monthly (end-of-month) withdrawals (the first withdrawal occurs one month after the last deposit) of $1,000 for the next 12 years (total of 144 withdrawals), reducing the balance to zero. The account pays 8.4 percent per year compounded monthly. What was the monthly deposit?

Indicate true and false for each question below? A. If activity increases by 10 percent, total...

Indicate true and false for each question below? A. If activity increases by 10 percent, total fixed cost will increase by 10 percent B. If activity increases by 10 percent, per unit variable cost will decrease by 10 percent C. If activity increases by 10 percent, per unir fixed cost will increase by 10 percent D. If activity increases by 10 percent, total variable cost will increase by 10 percent.

Question 10 The data set below contains total Medicare enrollment data for the state of California...

Question 10 The data set below contains total Medicare enrollment data for the state of California for the years 2013 - 2017. Estimate a linear trend regression model and forecast Medicare enrollment in California for the year 2020. Year Enrollment 2013 5,300,177 2014 5,481,592 2015 5,653,896 2016 5,814,275 2017 5,965,489 Please round intermediate results to one decimal and your final answer to the closest integer. (To facilitate grading, please enter only the number without commas separating thousands and millions. For...

Discussion Question 2 to 3 paragraphs and at least 2 peer responses. Discussion Question Worth 10...

Discussion Question 2 to 3 paragraphs and at least 2 peer responses. Discussion Question Worth 10 points / 5 points is participation. Think about a negotiation in which you have been involved that yielded a win-win-win resolution. How did you get to the win-win-win solution? Think about a negotiation in which you have been involved that didn’t result in an agreement. Why do you think the negotiation wasn’t successful? What would have made it more successful?

principles of corporate finance chapter 7 question 17: What is the portfolio variance The table below...

principles of corporate finance chapter 7 question 17: What is the portfolio variance The table below shows standard deviations and correlation coefficients for eight stocks from different countries. Calculate the variance of a portfolio with equal investments in each stock. (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Round your answer to 5 decimal places.) BHP BP Fiat Chrysler Heineken Korea Electric Nestlè Sony Tata Motors BHP 1.00 .27 .36 .40 .15 .40 .14 .36 BP...

1. Jacob’s monthly income is $2,800 and his monthly expenses total around $2,000. He has been...

1. Jacob’s monthly income is $2,800 and his monthly expenses total around $2,000. He has been contemplating how to use his about $800 surplus. He has the following financial records: Cash in his bank account $560 Investment in a mutual fund which he can easily convert to cash $850 Car (valued at) $12,000 Household personal possessions $2,850 Credit card balances $1,250 Miscellaneous short-term debts $520 Student loan balance $8,500 Balance on car loan $4,500 a) Calculate current ratio, liquidity ratio...

Jacob’s monthly income is $2,800 and his monthly expenses total around $2,000. He has been contemplating...

Jacob’s monthly income is $2,800 and his monthly expenses total around $2,000. He has been contemplating how to use his about $800 surplus. He has the following financial records: Cash in his bank account $560 Investment in a mutual fund which he can easily convert to cash $850 Car (valued at) $12,000 Household personal possessions $2,850 Credit card balances $1,250 Miscellaneous short term debts $520 Student loan balance $8,500 Balance on car loan $4,500 Prepare balance sheet for Jacob.

Question