Answer:
a) H0: u = presence of a unit root
HA: u ≠ presence of a unit root ( i.e. stationary series )
b) t stat = -0.064
c) We will reject the Null hypothesis and the next step will be to accept the alternative hypothesis
d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise
Explanation:
<u>a) stating the null and alternative hypothesis</u>
H0: u = presence of a unit root
HA: u ≠ presence of a unit root ( i.e. stationary series )
<u>b) performing the test </u>
critical value = -2.88
T stat = coefficient / std error
= -0.02 / 0.31 = -0.064
c) From the test, the value of T stat > critical value we will reject the Null hypothesis hence the next step will be to accept the alternative hypothesis
d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise
Answer: 0.78 pound mark exchange rate
Explanation:
The Purchasing power parity (PPP) is typically used to make comparison between the currencies of different countries' currencies and also used in comparing their standards of living.
According to PPP, the pound-mark exchange rate in 2003 will be calculated as:
= 280/360
= 0.78
Another word for interpersonal communication is FACE TO FACE COMMUNICATION. The correct option is A.
Interpersonal communication is a face to face communication process through which people exchange information and express their feelings either verbally or non verbally. Interpersonal communication is a two way communication and the skill of listening is very important in this type of communication. Face to face communication plays a crucial role in building up and maintaining relationships with people. It is a very important concept which one must master in order to be a good team player and a sociable person.
Martin will get a refund of about $370.
What is the estimated federal deductions from the gross pay of $30,135?
The estimated federal deductions is 15% of the gross pay of Martin, which is $30,135, in other words, the initial federal deductions before the actual federal deductions of $4,520 is known is as computed below:
Estimated federal deductions=15%*$30,135
estimated federal deductions=$4,520.25
The actual federal deductions of $4,150 is lower compared to the amount withheld from gross pay, hence, there would be a refund for Martin
refund=$4,520.25-$4,150
refund=$370.25
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Answer: Limited partner.
Explanation:
The limited or silent partner is part of the ownership of a partnership business that only invests into a business but is not involved in the daily business runnings. The partnership owner in charge of the daily business runnings is the active partner.