ATQ, Let the cost price of the article be Rs. 'C'. So, 1,800 − C = C−1,000 Or,2C = 2,800 So, C = 1,400 Therefore, selling price of the article at a profit of 35% = 1.35×1,400 = Rs.1,890
The regression equation is Y = β1X1i + ui and following is the sample,
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
What is the optimal number of trips to bank such that cost of holding money is minimum, if the rate of interest foregone is 10% , income is 100 and the ...
Demand curve of a Monopoly firm is Q=1000-50P and the Total cost of production is TC = 50+2Q. Profit maximizing output for the firm is
The __________________test in econometrics begins by assuming that a defining point exists and can be used to differentiate the variance of the error term.
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correl...
Calculate the F-statistic , given the unrestricted R2 value is 0.60. Number of restricted parameters are 7 and total number of observations a...
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
The National Rural Livelihood Mission, a measure adopted by the Government to alleviate poverty, is also known as________.
