Explain how you might use an out of sample criteria to determine the best model.
1. Explain how you might use an out of sample criteria to determine the best model.
1. Explain how you might use an out of sample criteria to determine the best model.
The institutional research office has recently conducted a survey group of consumers.According to demographic data, the research office has given you the following:
Typical weekly consumer income $800
Price of Frosty Cola $10.00 per case
Price of Coca-Cola $20.00 per case
You want to break this data down for the chief financial officer in two forms: a slope- intercept equation for the typical consumer’s budget constraint and a graphical analysis showing him the typical consumer’s budget set. The CFO has specifically asked for the price of Frosty Cola to be the good on the vertical axis. (Round any quantity to the nearest whole unit in each part, if necessary.)
a) Derive the equation for the budget constraint in slope-intercept form.
b) Illustrate and explain the typical consumer’s budget set (again, place quantity of Frosty Cola on the vertical axis).
c) The CFO asks you if the price of Frosty Cola were to decrease to $5.00 per case, what would happen to the budget constraint? Illustrate and explain.
d) Lastly, the CFO asks you that if the typical consumer wished to purchase seven cases of Coca-Cola, how much Frosty Cola could that individual purchase? Calculate and show. Assume the original data.
I need a 5-page essay on the history of the Vietnam war. It will be 7 pages with the title page and reference page.
I’m working on a Accounting exercise and need support.
Discussion, 2-3 paragraphs, 15 lines, no outline
Why is it important to understand the concepts of inflation, present value, and future value as Saudi Arabia moves towards Saudi Vision 2030? What are some of the important terms and concepts that managers must understand in making decisions in today’s global environment? How will these factors affect Saudi Vision 2030, if at all?
Search the SEU library or the Internet for an academic or industry-related article. Select an article that relates to any of these concepts (inflation, present value, or future value) in the context of doing business in Saudi Arabia.
For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to use citations where appropriate). For the second step, include the reference listing with a hyperlink to the article. Do not copy the article into your post and limit your summary to two paragraphs. Let your instructor know if you have any questions and enjoy your search.
I’m stuck on a Management question and need an explanation.
Think of a project you would like to manage, or describe a project you’ve been tasked with managing. Ultimately you will be developing a PEP (Project Execution Plan) and its context and expectations – essentially you will be developing a business case for your project and its implementation.
I have designed a project about developing a full-featured file management software to replace manual file management. I have completed question1-3, please complete the question 4-6 in the word document.
I need support with this Powerpoint question so I can learn better.
The purpose of this assignment is to provide a visual means of clearly informing and effectively communicating about a topic. This assignment also affords an opportunity for creative expression. You will create a Powerpoint presentation with the aim of increasing knowledge and understanding of public and private healthcare in the U.S.
Create a PowerPoint presentation describing public and private healthcare in the U.S.
Using the website www.prometheanplanet.com, find 2 instructional Flipcharts for your preferred grade level or subject area. Fill out the evaluation chart attached.
The length of life of an instrument produced by a machine has a normal ditribution with a mean of 12 months and standard deviation of 2 months. Help calculate the probability that an instrument produced by this machine will last less than 7 months
The government is also considering, as an alternative policy, the provision of funds for the wool industry to improve the marketing of its product and thus to increase the demand for wool.Will the typical woolgrower be better off in the long run if either policy is implemented?
InstructorNameDateEffects of Hypothetica subsidies and provision on the wools prices in the long runJust like taxes subsidy is a reverse form of tax that reduces the price paid by the consumers…
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