22 Jul magine that in the market for Giraffes milk there is currently a shortage. How does the mark Show more magine that in the market for Giraffes milk there is currently a shortage. How does the market return to equilibrium? Place the following steps in their correct order. 1 2 3 4 5 A) To begin with quantity demanded is greater than quantity supplied. 1 2 3 4 5 B) Quantity supplied and quantity demanded are equal to one another. 1 2 3 4 5 C) Suppliers will not have enough giraffes milk and some consumers who want the product at its current price will be unable to buy the product. 1 2 3 4 5 D) Prices will begin to rise as suppliers increase price and consumers offer more for the milk. 1 2 3 4 5 E) Increasing Prices lead to a decrease in quantity demanded and an increase in quantity supplied. Show less
P4.12.The following analysis was obtained using data in MEAP93.RAW which contains school level pass Show more P4.12.The following analysis was obtained using data in MEAP93.RAW which contains school level pass rates(as a percent) on a 10th grade math test. (i) The variable expend is expenditures per student in dollars and math10 is the pass rate on the exam. The following simple regression relates math10 to lexpend=log(expend): math10=-69.34+11.16 lexpend (25.53) (3.17) n=408 R^2=0.0297 Interpret the coefficient on lexpend. In particular if expend increases by 10% what is the estimated percentage point change in math10? What do you make of the large negative intercept estimate?( The minimum value of lexpend is 8.11 and its average value is 8.37.) (ii)Does the small R-squared in part (i) imply that spending is correlated with other factors affecting math10? Explain. Would you expect the R-squared to be much higher if expenditures were randomly assigned to schools-that is independent of other school and student characteristics-rather than having the school districts determine spending? (iii) When log of enrollment and the percent of students eligible for the federal free lunch program are included the estimated equation becomes math 10= -23.14+7.75 lexpend- 1.26 lenroll- 0.324 lnchprg (24.99) (3.04) (0.58) (0.36) n=408 R^2=0.1893 Comment on what happens to the coefficient on lexpend. Is the spending coefficient still statistically different from zero? (iv)What do you make of the R-squared in part(iii)? What are some other factors that could be used to explain math10(at the school level)? Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.