1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hichkok12 [17]
3 years ago
13

The median starting salary for new law school graduates is determined by

Mathematics
1 answer:
Elena-2011 [213]3 years ago
8 0

Step-by-step explanation:

1) we would have the expectation that b₅ < 0 because b₅ shows how salary responds to law school ranking. As the rank of law school increases then median starting salary for new law school graduates declines. there is an inverse relation between salary and rank, Coefficient of rank, b5 will be negative since it is less than 0

ii) B₁ is going to be positive because as median LSAT score for the graduating class goes up, so does the salary of graduates. we have B1 >0

B₂ will be positive as college median GPA rises, so does graduate salary.

B₃ will be positive because if the more volumes of book in library, the greater possibility of getting higher salary, so B₃ >0.

B₄ >0 as if annual cost is high , then there would be indictaes more facilities of learning for students, leading to more chances of high salaries , hence B4 >0.

B5<0 this has been explained in 1.

iii) predicted ceteris paribus difference in salary for schools with a median GPA different by one point

= coefficient of GPA

=0.248

= this 24.8% in percentages B₂ tells us that when other factors are held constant,increasing median gpa by 1 would cause 24.8 percent increase in salary predicted.

iv)holding other variable factors constant, increasing the volume in the law library would bring about predicted salary increase by 0.095%

v) due to the inverse relationship between rank of law school and salary, it is better to attend a law school with lower rank than that with higher rank

difference in ranking of 20 = 20*(-0.0033)

= -0.066  x 100

= -6.6%

if rank is lower by 20 units , then we will have salary to be 6.6% higher

You might be interested in
Pls answer fast pls pls
forsale [732]
<h3><u>Answer</u> :- </h3>

c) 0.01

<h3><u>Solution</u> :-</h3>

To Write percentage in decimal or fraction we divide it by 100

therefore,

\begin{gathered}\\\implies\quad \sf 2\% = \frac{2}{100} \\\end{gathered}

\begin{gathered}\\\implies\quad \sf 2\% = 0.02 \\\end{gathered}

Half of 0.02 = \sf\frac{1}{\cancel2} \times\cancel{0.02}

\implies\boxed {0.01}

5 0
2 years ago
Read 2 more answers
Tim bought some 25 cent and some 29 cent stamps. He paid 7.60 dollars for 28 stamps. How many of each type of stamp did he buy?
Citrus2011 [14]

Answer:

25 cent stamps = 13 and 29 cent stamps = 15

Step-by-step explanation:

x = 25 cent stamps and y = 29 cent stamps

x + y = 28......x = 28 - y

0.25x + 0.29y = 7.60

0.25(28 - y) + 0.29y = 7.60

7 - 0.25y + 0.29y = 7.60

-0.25y + 0.29y = 7.60 - 7

0.04y = 0.60

y = 0.60 / 0.04

y = 15 <===== 29 cent stamps

x + y = 28

x + 15 = 28

x = 28 - 15

x = 13 <===== 25 cent stamps

lets check it...

0.25x + 0.29y = 7.60

0.25(13) + 0.29(15) = 7.60

3.25 + 4.35 = 7.60

7.60 = 7.60 (correct..it checks out)

8 0
3 years ago
Find two integers whose sum is 3 and product is -108.
AleksandrR [38]

Answer:

12 and -9

Step-by-step explanation:

12 x -9 = -108

12 + -9 = 3

7 0
3 years ago
Jesse graph a point to represent the absolute value of a number line. If the original number is less than -10, describe all the
Anuta_ua [19.1K]
░░███████░░░░░░░░░░███▒▒▒▒▒▒▒▒███░░░░░░░ ░░█▒▒▒▒▒▒█░░░░░░░███▒▒▒▒▒▒▒▒▒▒▒▒▒███░░░░ ░░░█▒▒▒▒▒▒█░░░░██▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██░░ ░░░░█▒▒▒▒▒█░░░██▒▒▒▒▒██▒▒▒▒▒▒██▒▒▒▒▒███░ ░░░░░█▒▒▒█░░░█▒▒▒▒▒▒████▒▒▒▒████▒▒▒▒▒▒██ ░░░█████████████▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██ ░░░█▒▒▒▒▒▒▒▒▒▒▒▒█▒▒▒▒▒▒▒▒▒█▒▒▒▒▒▒▒▒▒▒▒██ ░██▒▒▒▒▒▒▒▒▒▒▒▒▒█▒▒▒██▒▒▒▒▒▒▒▒▒▒██▒▒▒▒██ ██▒▒▒███████████▒▒▒▒▒██▒▒▒▒▒▒▒▒██▒▒▒▒▒██ █▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒█▒▒▒▒▒▒████████▒▒▒▒▒▒▒██ ██▒▒▒▒▒▒▒▒▒▒▒▒▒▒█▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██░ ░█▒▒▒███████████▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██░░░ ░██▒▒▒▒▒▒▒▒▒▒████▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒█░░░░░ ░░████████████░░░█████████████████░░░░░░
4 0
3 years ago
Evaluate 23x-1 for x = 1. 1 4 7 8
lianna [129]

replace the value of x int eh equation

 so 23x-1 becomes

23(1.1478)-1

23*1.1478 = 26.3994-1 = 25.3994

5 0
3 years ago
Read 2 more answers
Other questions:
  • JL=83. if Jk=5x-4 &amp; KL=3x-1. <br> Then X=?
    11·1 answer
  • A sample of 100 independent random numbers is taken from this distribution, and its average is used to estimate the mean of the
    11·1 answer
  • A package of breadcrumbs to feed the ducks at the duck pond costs $0.25. How many packages of bread crumbs could be bought with
    5·2 answers
  • Which equation represents a proportional relationship that has a constant of proportionality equal to –10? y = x minus 10 y = x/
    8·1 answer
  • I need help ASAP .......
    14·1 answer
  • Can someone please help me with this, find the unit rate cost per item which is these chips set up the equation and show the wor
    15·2 answers
  • Please answer please!! Please answer 1–4 please actually answer please I need thissss
    15·1 answer
  • Which one of the fractions is the smallest?<br><br> A) 1/2<br> B) 3/20<br> C) 3/8<br><br> pls help
    14·2 answers
  • (4x² + 11x^4 + 6x^5) + (3x^5+ 9x² + 12x^4) <br> 。゚(゚´ω`゚)゚。
    8·1 answer
  • A bag contains 3 red,4 green, and 5 blue marbles. Three marbles are drawn at random. What is the probability that all three are
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!