+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Correlation and Probability Distribution Question
X P(X)
1 .3
2 .3
3 .4
and suppose that Y=X+1
1. Find p(X,Y)
2. Find the correlation coefficient between X and Y
Microeconomics, Economics
Question: From the College Scorecard, average costs of attending UCR is $13,144. Average salary for UCR attendees is $47,200 Average salary of someone who does not attend college is roughly $33,800 ($651/week from slides ...
Suppose that a worker in Grainland can grow either 40 bushels of corn or 20 bushels of oats per year, and a worker in Farmfields can grow either 20 bushels of corn or 50 bushels of oats per year. There are 200 workers in ...
Question: My question would impact of demonitization on rural and agrarian economy, it is said that digitization would rise, however to it implementation would be at faster pace in urban and its fringes. How would rural ...
Quesiton: A third price auction is similar to a Vickrey auction except that the winner (the bidder with the highest bid) pays the third higest bid. Is it a dominant strategy in this auction to bid one's valuation? If yes ...
Question: Describe the difference between frictional and structural unemployment. Explain the reasons why each type of unemployment may arise. The response must be typed, single spaced, must be in times new roman font (s ...
Question: Choose and focus on one negative consequence of globalization. Explain what the issue is, and why it is problematic for the world. Describe what you think should be done to improve this situation. If you think ...
Question: Write a literature review of a research topic. The paper should include a review of research located from electronic database searches, a critical review of relevant literature, and a summary of the findings wr ...
Question - The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) equals = 0.0637x2 + 1.3445x + 2.2695 where x is in hundreds of millions of bushels. ...
Question - Janice really likes potatoes. At best any other goods are worth less than a dollar to her, potatoes cost $1.00 per pound, and she has $6.00 that she could possibly spend on potatoes or other items. Suppose she ...
Question: Classify the following as consumption, fixed business investment, residential construction, inventory investment, exports, imports, government purchases, intermediate goods, or none of the above. (A) Student pu ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As