All categories

3 years ago

The variance of an estimator measures;

Business

1 answer:

RSB [31]3 years ago

5 0

Answer:

B. how close the mean of the estimator is to the true value.

Explanation:

The variance is used to calculate or to give rather a more accurate estimation of how close the mean of the estimator to the true value, this can help to know the true real beheavior of the population towards the event that we are estimating and how it would affect our predictions.

You might be interested in

Now we have country E, an emerging country. Country E starts off with a GDP per capita of $4,000, and is experiencing a GDP per

swat32

Answer:

6 years

Explanation:

The rule of 72 would be used to determine the number of years it would take GDP per capita to double

Rule of 72 = 72 / GDP per capita growth rate

72 / 12 = 6 years

I hope my answer helps you

5 0

3 years ago

Under the assumptions of the Fisher effect and monetary neutrality, if the money supply growth rate rises, then a. neither the n

Dmitrij [34]

Answer:

a. neither the nominal nor the real interest rate rise.

Explanation:

Under Fisher's theory, if the nominal interest rate increases at a higher rate than the inflation rate, then the real interest rate rises. If the inflation rate increases more than the nominal interest rate, then the real interest rate decreases.

Generally, an increase in the money supply decreases the nominal interest rate and increases the inflation rate. That results in both lower nominal interest rates and lower real interest rates.

3 0

4 years ago

An oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B. The FED in coun

Ann [662]

When an oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B.

The FED in country A takes immediate action increasing the money supply, while FED in inflationary country B does not take any action

In this case, in long term "Both countries return to their long-term stable equilibrium, but country A will remain with a higher price level than country B".

<h3>What is Federal Reserve System (FED)?</h3>

The nation's central banking system is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.

The Fed offers a secure, adaptable, and stable monetary and financial system to the nation.

The Fed's primary responsibilities include-

overseeing and regulating banks,
implementing national monetary policy,
preserving financial stability, and
offering banking services.

Therefore, to better understand the effects of financial services laws and practices on customers and communities, the Federal Reserve promotes supervision, community reinvestment, and research.

To know more about monetary policy, here

brainly.com/question/13926715

#SPJ4

3 0

2 years ago

If people expect future earnings of Galt Corporation to be high relative to current earnings, then a. the P/E ratio of its stock

Inessa05 [86]

When earnings are expected to be high relative to current earnings, then a. the P/E ratio of its stock will be high. A P/E ratio of 8 is relatively low.

<h3>What happens when future earnings are expected to be high?</h3>

If earnings are expected to be high as in the case of the Galt Corporation, then the price of the stock will rise.

This will then lead to a high P/E ratio because the price will rise but the earnings will remain the same.

Find out more on the P/E ratio at brainly.com/question/14644755.

#SPJ1

7 0

2 years ago

Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but i

Andrew [12]

Answer:

$832 U

Explanation:

Flexible budget = $30,628 ($1,900 + $7.20 3,990)

Actual results = <u>$31,460</u>

Spending variance = <u>$832</u>

Actual expense > Flexible budget, the variance is unfavorable (U)

3 0

3 years ago