Econometrics

1. The file busco.prn contains data on 243 U.S. bus companies obtained from the Federal Transit Administration, National Transit Database. The variables are: tcost (the total operating expense of the company, in thousands of dollars; RVM (the total output of the firm, in thousands of revenue vehicle miles); PL (the price of driver labor in dollars per hour); PA (the price of administrative labor in dollars per hour); PM (the price of maintenance service in dollars per hour); and PF (the price of diesel fuel in dollars per gallon). Use SAS to generate new variables for the logarithms of total cost, RVM, and all four of the price variables. On the basis of the economic model of a Cobb-Dougla... click for more

Econometrics with SAS; Heteroscedasticity

3. The data file manfac.prn contains data from the U.S. Census Bureau's American Survey of Manufacturers on 455 industries from 1994 on the following variables: ship (value of output shipped, in thousands of dollars); mater (value of materials inputs used in production, in thousands of dollars); newcap (expenditure on new capital by the industry, in thousands of dollars); invent (value of inventories held, in thousands of dollars); manag (number of supervisory workers employed); and work (number of production workers employed). (a) Estimate the following model and write your results in equation form (please round your parameter estimates to the nearest hundredth when reporting the result... click for more

Three-Variable Regression; Consumption Expenditures - Regression; Adjusted R-Square

7.9 A three-variable regression gave the following results {see attachment}. (a) What is the sample size? (b) What is the value of the RSS? (c) What are the d.f of the ESS and RSS? ... *Please see attachment for complete list of questions (including 7.12 and 7.15)

Develop Regression Model; Regress Dividend Payments

The first file is the 2 problems; the second file is the data for the first problem; and the third is the data for the second problem. Problems must be completed in SAS, or STATA.

Quantity Theory of Money

Is it possible to obtain the inflation rate, growth rate of money,and growth rate of nominal GDP with only the following information? Constant velocity of circulation real GDP growing at 3% real interest rate growing at 2% nominal interest rate at 7%