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IrinaVladis [17]
3 years ago
9

Labor economists studying the determinants of women’s earnings discovered a puzzling empirical result. Using randomly selected e

mployed women, they regressed earnings on the women’s number of children and a set of control variables (age, education, occupation, and so forth). They found that women with more children had higher wages, controlling for these other factors. Explain how sample selection might be the cause of this result.
Business
1 answer:
Artist 52 [7]3 years ago
3 0

Answer: Sample selection bias

Explanation: Sample selection is a term used to describe the various steps and processes through which a researcher was able to determine and collect his or her samples.

Bias is an inclination towards or a prejudice against one or more parties or factors in an experiment or a Research.

SAMPLE SELECTION BIAS IS ONE OF THE MAIN CAUSES OF POOR OR WRONG OUTCOMES DURING A RESEARCH OR AN EXPERIMENT.

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What is money used by a business for a certain venture or initiative
Dennis_Churaev [7]

A business will employ seed capital to fund a specific project or activity. It is the capital raised to start working on a new product or business idea.

<h3>What kind of capital is invested in a business?</h3>

The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources.

<h3>What kind of business venture capital is that?</h3>

Venture Capital (VC) is a term used to describe funding given by investors to start-up or small businesses that have a high potential for growth. A venture capital fund is a type of private equity funded by institutional and private investors, including investment banks, insurance providers, and pension funds.

To know more about seed capital visit:-

brainly.com/question/10110060

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7 0
1 year ago
A real estate analyst has developed a multiple regression line, y = 60 + 0.068 x1 – 2.5 x2, to predict y = the market price of a
Mumz [18]

Answer:

$205,000

Explanation:

With a pricing formula as stated below

y = 60 + 0.068x1 - 2.5x2

where x1 = total number of square feet of the living space

and x2 = the age of the house (years).

When the age of the home (x2) = 10 years, and the home has 2,500 square feet of living area (x1), the price of the home is

y = 60 + (0.068 * 2,500) - (2.5 * 10)

= 60 + 170 - 25

= 205

Since y is in ($1,000s) as given, the price of the home is $205,000.

7 0
3 years ago
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for
Sidana [21]

Answer:

Variable cost per unit= $6.5 per unit

Fixed costs= $3,750

Explanation:

Giving the following information:

Month - Number of Appointments - Total Cost

January: 375 $5,050

February: 350 $5,500

March: 200 $5,200

April: 500 $7,000

May: 400 $5,650

June: 300 $5,200

To calculate the variable and fixed costs, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (7,000 - 5,050) / (500 - 200)= $6.5 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 7,000 - (6.5*500)= $3,750

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 5,050 - (6.5*200)= $3,750

3 0
3 years ago
Monopolistically competitive firms:
Annette [7]

Answer:

<h2>The correct answer here would be option a. given in the answer choices or earn a positive economic profit if price is greater than ATC(Average Total Cost).</h2>

Explanation:

  • Monopolistically competitive market is a particular type of market structure characterized by multiple number of firms producing and selling various differentiated products in the market.
  • Monopolistically competitive firms usually have higher pricing and market power than a perfectly competitive market structure but less than the purely monopolistic market structure with only one seller.
  • Since,the monopolistically competitive firms have limited market and pricing power as they sell differentiated products or services,they can evidently charge or set a price for their products or services greater than the Average Total Cost or ATC and earn positive economic profit in the market.
  • However,due to presence of partial market competition or rivalry, any economic profit earned by the firms in the short run would attract more number of firms to enter the market in the long run until the chance of probability of earning any further economic profit is completely diminished.
5 0
2 years ago
Project management people skills include:
Rus_ich [418]

Answer:

A) Team building

Explanation:

Team building is a skill project management people should and do posses. Team building is not something a manager can learn or study at college, its a natural skill a manager has. Scheduling, Budgeting and Project evaluation are all taught in a college or course.

4 0
3 years ago
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