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
It's called dividend. It's their share of the profit
Answer:
Variable cost= $42
Explanation:
Giving the following information:
Each unit is sold for $50
Direct material worth $30
Direct labor worth $5.
Manufacturing overhead cost is $10 per unit of which 70% is variable.
The incremental cost is the variable cost (there is available capacity)
Variable cost= direct material + direct labor + variable manufacturing overhead = 30 + 5 + (10*0.7)= $42
<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below:
The price of which product will eventually exceed all others?</span>
Home goods has things like that or world market