Recent Question/Assignment

Question 1:
The consumption function captures one of the key relationships in economic. It expresses
consumption as a function of disposal income, where disposal income is income after taxes. The
attached file “week 02 – Assignment – Dataset 1” shows data of average US annual consumption
(in $) and disposable income (in $) for the years 2000 to 2016.
1. Find the sample linear regression equation for the model
2. In this model, the slope coefficient is called the marginal propensity to consume.
Interpret its meaning
3. What is the predicted consumption if disposal income is $35,000?
Question 2:
A Realtor in Massachusetts is analyzing the relationship between the sale price of a home (in $),
it's the square footage (in ft2), the number of bedrooms, the number of bathrooms, and a
colonial dummy variable (colonial equals 1 if a colonial-style home; 0 otherwise). The relater
collects data of 36 sales in Massachusetts for the analysis. The attached file “week 02 –
Assignment – Dataset 2” contains the data.
1. Estimate the linear regression model for the price.
2. Interpret the coefficients attached to area (square footage) and colonial.
3. Predict the price of a 2500 square foot colonial style home with three bedrooms and
two bathrooms.
Submit a Word or PDF file for your answers as well as the excel sheet.

Looking for answers ?


Recent Questions

TCHR5003: PRINCIPLES AND PRACTICES IN EARLYCHILDHOOD EDUCATIONASSESSMENT 1: Critical ReviewSummaryTitle Assessment 1: Critical ReviewDue Date Monday 25th March 11:59pm AEDT (Week 4)Length 1500 wordsWeighting...ASSIGNMENT INSTRUCTIONSAssessment ReportAssessment code: 010Academic Year: 2023/24Trimester: 2Module Title: Critical Perspectives on Cross-Border BusinessModule Code: MOD009194Level: 6Module Leader: Michael...TCHR3001: Early Childhood MattersSummaryTitle Assessment 1Type Critical ReviewDue Date Saturday, 23rd March at 11:59 pm AEST/AEDT (end of Week 3)Length 1500 wordsWeighting 50%Academic Integrity GenAI may...Assessment 1: Individual Written Report (20%) – Between 1500 - 1800 wordsWritten Report Due Date Week 6You are required to submit a written evaluation report on a model of supervision:KardushinMorton-Cooper...This assignment project is work with the real client. I don’t need references from other websites. I will send you the Facebook page, client’s answers and client’s information.Executive SummaryBackgroundObjectivesAssumptionsWord...TCHR3001: Early Childhood MattersSummaryTitle Assessment 1Type Critical ReviewDue Date Saturday, 23rd March at 11:59 pm AEST/AEDT (end of Week 3)Length 1500 wordsWeighting 50%Academic Integrity GenAI may...Part Two: Presentation for Teachers Meeting.Prepare an annotated presentation to share at a staff meeting, explaining learning through play in ECE and how teachers can support this in a meaningful and...Show All Questions