Linear regression

  1. Given that y = 1.6 βˆ’x , write an equivalent equation in the form y = b x , with 0 < b < 1 y=_____________ 2. If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation. S =...

Linear regression

  1. A company’s total cost, in millions of dollars, is given by 𝐢(𝑑) = 120 βˆ’ 80𝑒 βˆ’π‘‘ where t = time in years. Find the marginal cost when t = 4. 2. 𝑃(π‘₯) = βˆ’π‘₯ 3 + 12π‘₯ 2 βˆ’ 36π‘₯ + 400, π‘₯ β‰₯ 3 is an approximation to the total profit (in thousands of dollars) from...

Linear regression

  A company’s total cost, in millions of dollars, is given by 𝐢(𝑑) = 120 βˆ’ 80𝑒 βˆ’π‘‘ where t = time in years. Find the marginal cost when t = 4. 2. 𝑃(π‘₯) = βˆ’π‘₯ 3 + 12π‘₯ 2 βˆ’ 36π‘₯ + 400, π‘₯ β‰₯ 3 is an approximation to the total profit (in thousands of dollars) from...

Linear regression

Provide a clear solution to the question.Provide an explanation for your point of view to support your point.Make sure to describe how your evidence proves your point. Don’t assume it’s obvious.A county real estate appraiser wants to develop a statistical model to...

Linear regression

We solve the 2 Γ— 2 Ricardian model with a constant elasticity of substitution (CES) demand.Assume that the demand in country n of the goods i, yni, is the result of the utility maximization:max h(yn1)Οƒβˆ’1Οƒ + (yn2)Οƒβˆ’1Οƒi ΟƒΟƒβˆ’1s.t. pn1yn1 + pn2yn2 = Xn,where n = N, S...