Question
From the following, who first examined the close
negative relationship between the unemployment rate and the output ratio?Solution
In 1962, Arthur Okun reported an empirical regularity: a negative short-run relationship between unemployment and output. Many studies have confirmed this finding, and Okun's Law has become a fixture in macroeconomics textbooks.
What is the mean of a data if its Pearson's coefficient of skewness is 0.25, standard deviation is 7 and mode is 20.
In the classical linear regression model (CLRM), one of the key assumptions is that the error term has:
During which plan, there was focus on indigenous growth?
When an individual’s consumption decreases the wellbeing of others, but the individual does not compensate those others. It is the case of__________.
If money is neutral,
Calculate the standard error of the estimate of Y on X regression equation for the following data- N =50 , ∑y2 = 300 , ∑xy = 30, ∑x
The data about sales and advertisement expenditure of a firm is given below
For two correlated variables x and y, if coefficient of correlation between x and y is 0.8014, variance of x and y are 16 and 25 respectively....
Objective function was given as Z= 4X+5Y. Four extreme points were given as (0,4), (5,0), (3,3), (3,4). Find at which point function is maximized.
If coefficient of correlation rxy= 1, then