- Which of the following could be a remedy for Multicollinearity Problem?
- In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
- In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?
- Type II error occurs when
- If coefficient of correlation rxy= 1, then
- The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30 have credit ...
- The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30 have credit ...
- An oil exploration company intends to drill an exploratory well in each of two geologically unrelated regions A and B. If the probability of finding oil in...
- Two mutually exclusive events
- A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assuming the two e...
- If it rains a dealer in raincoats can earn Rs. 400 per day. If it is a fair day he loses Rs. 80 per day. What is his expectation if the probability of a fa...
- The last period’s forecast was 70 and demand was 60. What is the simple exponential smoothing forecast with alpha of 0.4 for the next period? ...
- Let X and Y represent prices in Rs of a commodity in Kolkata and Mumbai respectively. It is given X(bar) = 65, Y(bar) = 67, standard deviation of X = 2.5, ...
- If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
- Which of the following is not an example of market failure?
- What will happen when supply elasticity is less than demand elasticity?
- For a monopoly firm, which of the following equalities is always true?
- For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price intersects the
- Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem is an example of a(n) ______________cost
- The government provides public goods because
- Within a country, the domestic price of a product will equal the world price if
- Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per we...
- Market failure is the inability of
- According to the graph on the right, the equilibrium price in the market before the tax is imposed is ...
- If demand is price inelastic, then
- With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
- The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
- Crusoe begins with an endowment A. Point R is the consumption combination he would choose at real interest rate r and point R´ is the consumption c...
- Consider the game: What is the dominant strategy of the game?...
- Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sittin...
- Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
- A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
- A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at this output it would make a loss. Under what circumstanc...
- On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
- N people guess an integer between 1 and 100, and the winner is the player whose guess is closest to 2 times the mean of the guesses. What is the equilibriu...
- Consider the matching-pennies game: Let p= probability Player 2 plays left, q= probability Player 1 plays left. Find the mixed-strategy equilibrium....
- In a government budget, revenue deficit is Rs. 50000 crores and borrowing are Rs. 75000 crores. The fiscal deficit will be:
- 'Distributed Profits' is also known as:
- If factor cost is greater than Market price, then it means that:

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