Economy Essay

252 words - 2 pages

Assessment 2
1)Estimate regression equation
Log(death) = -68.02613 – 0.76033* wine + 1.43092* beer + 80.10335* liquor
= -68.02613 – 0.76033(- 0.76033) + 1.43092(1.430920 + 80.10335(80.10335)
2) Interpretation
The more people drink wine, the more the death rate will be down of – 0.76033
The more people drink beer, the ...view middle of the document...

3) No, it is not a good model because the significance F which is 0.2457 is higher than the significance level which is 0.05
4) R squared has a value of 0.4749 and means 47.49 % of the variation in death is determined by wine, beer and liquor.
5) The value of adjusted R squared is 0.2124. It means that 21.24% of the variance in death rate is explained by wine , beer and liquor .
6) The standard error of regression 98.35. It means that, there is a difference of 98.35 between the average death rate and the predicted death rate. In other word, predicted death will be off of 98.35.
7) None of the P values is statistically significant because they are greater than level significance.
8)The interval for the variable beer does not fall within the confidence interval which is -1.24418 and 4.1060
10) This model can be improved if the significance level is greater than the significance F.

Other Papers Like Economy

Economy Essay

677 words - 3 pages Украина и Россия достигли компромисса в "газовом вопросе" 4Прокомментировать |[pic] | Украина и Россия достигли компромисса в вопросе оплаты за российский газ и его закупки НАК“Нафтогаз України”, заявил сегодня министр энергетики и угольной промышленности Эдуард Ставицкий. “Газ поставляется, вопрос с финансированием и оплатами снят”, – сказал Ставицкий. В связи с этим, министр отметил, что

The Us Economy Essay

711 words - 3 pages The US Economy Clark University The US Economy Like any economy, the United States experiences growth, contraction, and periods of increased volatility throughout any given time period. This analysis seeks to provide a concise report of the current state of the US economy based on the latest data metrics provided in the reports published by the Wall Street Journal. The following information delves into the quantitative and

India An Emerging Economy

994 words - 4 pages Course Project India an Emerging Economy What proves that India is an emerging country? How did it reach this stage? What is the most active section that helps the emergence of India? Why is India going to dominate the economy? To an outsider, India might look like an entrepreneur’s nightmare, a country with over a billion people riven by paradoxes. The distribution system can be inadequate, the legal system can be intimidating

Economy After Cold War

3190 words - 13 pages % | Skidelsky suggests the high global growth during the golden age was especially impressive as during that period Japan was the only major Asian economy enjoying high growth (Taiwan and Korea at the time being small economies)–it was not until later that the world had the exceptional growth of China raising the global average. Skidelsky also reports that inequality was generally decreasing during the golden age, whereas since the Washington

Micro Economy Essay

951 words - 4 pages consumer goods. The increase in the demand for goods cannot be met by an increase in supply because the economy is already at full employment. So there is a general shortage of all kinds of goods and services. The shortage of goods and services forces the price level to rise. As the price level rise, the real quantity of money decreases. The decrease in the quantity of real money raises the nominal interest rate and the real interest rate. As the

Economy And Society Uae

810 words - 4 pages The UAE currently has one of the fastest growing economies in the world The GDP of the UAE ranks 30th in the world (At $360 billion in 2012) Tourism is one of the main sources of revenue in the UAE Although the UAE has become less dependent on natural resources as a source of revenue... petroleum and natural gas exports still play a crucial role in the development of the economy , especially in Abu Dhabi A massive increase in

Business & Economy Related Topics

8901 words - 36 pages Determinants Of Audit Fees: Empirical Evidence From Emerging Economy Kamal Naser* Hamed Abdullhameed** & Rana Nuseibeh*** Abstract This study investigates the structure of audit fees in an emerging economy, Jordan. Data were collected from a sample of companies listed on the Amman Stock Exchange that forms 90% of the total population and fairly presents all industrial sectors within the economy. Consistent with previous research, the

South West Economy

2628 words - 11 pages FEDERAL RESERVE BANK OF DALLAS Issue 2 March /April 2003 Southwest Economy . . . . . . . . . . . . . . . . . . . . . What Wages and Property Values Say About Texas Two principal factors determine which cities experience the most rapid economic growth: business investment and labor growth. Business investment is high in cities where productivity is high relative to the cost of production. Workers are most attracted to cities where the

Ebola's Effects On The Economy

1304 words - 6 pages Ebola’s Effects on the Economy The Ebola virus is a deadly, contagious disease that spreads via contact with bodily fluids of someone who is infected and exhibiting symptoms. Since it’s introduction in 1976, the virus has resurfaced 14 times, the most recent being the outbreak in the West African countries. (Legrand et al., 2007) While the effects on the health of the general public are the most prevalent in society, Ebola also has several

The Economy Of Mental Health

388 words - 2 pages Reflection 2 : Charlotte Hajer. « The Economy of Mental Health: Inequalities in Access to Care in Morocco.» I think it a very important subject to all the Moroccans. A survey from 2005 is kind of old in these kinds of articles. I wished if its was more from the past two to four years, so we could get a real glance at what we have. I had previous thoughts on the medical care in Morocco. Did it go better or worse? Especially since 2005. I mean

Effect Of Slowing Economy On Real Estate

273 words - 2 pages Effect of the slowing economy on Real Estate sector Nilisha Parikh Proposed guide(s): To be identified 31 December 2012 Background and need for the study "India is projected to grow at 5.9 per cent in 2012-13 compared with 6.5 per cent in 2011-12," The UN Economic and Social Commission for Asia and the Pacific (ESCAP) said in the report titled 'South and South-West Asia Development Report 2012-13. Recession is often accompanied by inflation and

Related Essays

Economy Essay

1063 words - 5 pages The massive tax cuts proposed by Kennedy in 1962, and signed into law by Lyndon Baines Johnson after Kennedy’s death succeeded in stimulating demand, creating growth in the economy… Business was booming, jobs were plentiful...and unemployment was near an all-time low. But as the economy heated up, the prices began raising out of control. Many economists felt a tax increase would take money out of the hands of the consumers and business… Spending

Economy Essay

4303 words - 18 pages 8 Title Economics 1: Micro and Macro Theory and Application Economics 2: The World Economy Both the above build on this Unit Core Skills Where Core Skills have been embedded in a Unit specification and an assessor wishes to use an alternative method of assessment, she/he must ensure that the assessment generates the Evidence Requirements specified in the Unit specification. It is recommended that the centre seek prior moderation for the

Economy Essay 405 Words

405 words - 2 pages Week 4 Organization structure: As organization structures chanfes from stable to dynamic environments, they tend to evolve from mechanistic to organic Mechanistic: command and control management style Stronf of demand Srandadized policies and procedures Clearly defined jobs and respondabilities Conformity is encouraged or even expected Decision making is based of adherence to operating procedure Organic: More flexible organizational

Economy Essay 331 Words

331 words - 2 pages Essay “It is generally acknowledged that families are now not as closed as they used to be” We all know that the family is the most important value in human life. However, in today's world, people seek to succeed in the work, to develop themselves as a person and they have enough time to spend it with family. There are 3 reasons: At first, nowadays, majority of families are not so close and harmonious as a families in the past. Families used