Questions
3. Consider the labor market for low-skilled workers: those who lack a high-school diploma and any...
3. Consider the labor market for low-skilled workers: those who lack a high-school diploma and any experience in a skilled trade.
a) Suppose that the equilibrium wage for low-skilled workers in Idaho is $9.00 / hour and equilibrium quantity is 45,000. Draw a labor-market supply/demand graph that illustrates that equilibrium.
In: Economics
The average stopping distances for a population of school buses traveling 50 miles per hour, measured...
The average stopping distances for a population of school buses traveling 50 miles per hour, measured in feet, are normally distributed, with a standard deviation of 6 feet. Using a random sample of 23 buses having a sample mean of 262 feet, construct a 95% confidence interval for the mean stopping distance of the population.
In: Statistics and Probability
Find the P-value for the indicated hypothesis test. A medical school claims that more than 28%...
In: Statistics and Probability
Find the P-value for the indicated hypothesis test. A medical school claims that more than 28%...
In: Statistics and Probability
Randomly select 10 values from the number of suspensions in the local school districts in southwestern Pennsylvania in Data Set V in Appendix B.
Randomly select 10 values from the number of suspensions in the local school districts in southwestern Pennsylvania in Data Set V in Appendix B. Find the mean, median, mode, range, variance, and standard deviation of the number of suspensions by using the Pearson coefficient of skewness.
Data from Set V Appendix B
In: Statistics and Probability
Nursing has been strongly influenced by several philosophical schools of thought including the received view, the...
Nursing has been strongly influenced by several philosophical schools of thought including the received view, the perceived view, and postmodernism. Based on your readings, (2) which school(s) of thought do you believe best supports your practice in nursing? Provide a clear rationale to support your response.
In: Nursing
If you had to explain the financial system to a group of middle school students, how...
If you had to explain the financial system to a group of middle school students, how would you boil it down for them without losing their attention?
Describe some reasons as to why the general public is not fluent or aware of the importance of investments and the financial system. What can we do as a society to improve in this regard?
In: Economics
Answer the following. 1.a) Are you surprised by all the different jobs you can get as...
Answer the following.
1.a) Are you surprised by all the different jobs you can get as an AT? Which one surprised you the most?
1.b) What are the requirements to be an AT in the state of Texas? Just an LAT (State Licensed) not an ATC (Nationally Certified).
1.c). Can you see this as an alternative to PT school?
In: Nursing
Identify the costs and income streams for your education and calculate the NPV of your investment....
Identify the costs and income streams for your education and calculate the NPV of your investment. Is your investment worth it? Be sure to talk about your opportunity cost as well as your actual expenses/costs to attend school.
Assuming that I invested $100k in my education and obtained a position making $150k a annually.
In: Finance
We know how difficult it is to find a convincing instrumental variable Zi to overcome the...
We know how difficult it is to find a convincing instrumental variable Zi to overcome the “unobserved ability” problem in a wage regression to measure the returns to education. Critically discuss whether Zi =”distance in miles of high school location of workeri to closest four year college”satisfies the two properties of a valid instrument.
In: Economics