The weights of boxes of a certain brand of pasta follow an approximately normal distribution with a mean of 16 ounces and a standard deviation of 0.05 ounces.

What percentage of boxes have weights that are more than 1 standard deviation above the mean? (Use the Empirical Rule 68, 95, 99.7)

A 11.80 gram sample of an organic compound containing C, H and O is analyzed by combustion analysis and 11.54 grams of CO₂ and 2.362 grams of H₂O are produced.

In a separate experiment, the molar mass is found to be 90.04 g/mol. Determine the empirical formula and the molecular formula of the organic compound.

using examples from economic literature briefly explain how the following econometric models are applied in empirical work. Justify why each model is suitable for the selected area.

a) probit model

b) Logit model

c) cross section model

d) time series model

Assignment Details

Answer the following 2 questions in your main post:

• Looking at probability in research, which do you believe is the best approach between classical, empirical, and subjective? Explain.
• When working with research, would you rather use conditional or joint probability? Explain.

A 20.49 gram sample of an organic compound containing C, H and O is analyzed by combustion analysis and 20.03 grams of CO₂ and 4.100 grams of H₂O are produced.

In a separate experiment, the molar mass is found to be 90.04 g/mol. Determine the empirical formula and the molecular formula of the organic compound.

Why do you think the empirical studies about factors affecting equity returns basically showed that domestic factors were more important than international factors, and, secondly, that industrial membership of a firm was of little importance in forecasting the international correlation structure of a set of international stocks?

Answer the following:

1. What is Econometrics?

2. What is the Structure of Economic Data

3. What are the steps in Econometric Modelling

4. What are the steps in Empirical Economic Analysis

5. Definition of the Simple Regression Model

6. What is the Interpretation of Regression Output

7. Define OLS

You have a 5.00 g sample of an unknown compound. After analysis you find that its percent composition is 54.5% carbon, 9.10% hydrogen and 36.4% oxygen.

What is the empirical formula for this compound?

If the molar mass of this compound is 132 g/mol, what is its molecular formula?

a. What are the likely employment impact of minimum wages in a competitive labor market? What happens when the labor market is monopsonistic?

b. Discuss the empirical evidence on the various effects of the minimum wage.

c. What are pro’s and con’s of using a higher minimum wage to reduce income inequality?

Suppose that grade point averages of undergraduate students at one university have a bell-shaped distribution with a mean of 2.62 and a standard deviation of 0.43. Using the empirical rule, what percentage of the students have grade point averages that are at least 1.76? Please do not round your answer.