write out the setup of Logit model and Probit Model.
Answers
Logit Model and Probit Model Setup Logit model and Probit model are two statistical models used to analyze binary or categorical response variables. They are classified as generalized linear models.
Their setups are as follows: Logit Model:This model is defined as a generalized linear model that utilizes the cumulative logistic distribution function to link the predictor variables to the binary response variable. Setup: Let Y represent the binary response variable, and X1, X2,…, Xp be the predictor variables that we use to model the response Y. Then, the model can be represented mathematically as: log [p(Y=1) / 1 – p(Y=1)] = β0 + β1X1 + β2X2 + … + βpXp, where p(Y=1) is the probability of success.
Profit Model: This model is defined as a generalized linear model that utilizes the cumulative normal distribution function to link the predictor variables to the binary response variable. Setup: Let Y represent the binary response variable, and X1, X2,…, Xp be the predictor variables that we use to model the response Y. Then, the model can be represented mathematically as: Φ^-1(p(Y=1)) = β0 + β1X1 + β2X2 + … + βpXp, where Φ^-1() is the inverse of the cumulative standard normal distribution function, and p(Y=1) is the probability of success. The setup for the Logit model and Probit model have been highlighted.
To know more about Profit visit:
https://brainly.com/question/9281343
#SPJ11
Related Questions
**ECONOMY**
Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:
A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation
Answers
Answer:a
Explanation:
When a restaurant chain, big burgers, launches its own brand of frozen meals, this is an example of a?
Answers
When a restaurant chain, big Burger, launches its own brand of frozen meals, this is an example of a Brand Extension.
When a company uses one of its brand names that is established it is said to be a Brand Extension. Resaurant chain, big burger when open its own brand in other locality is an example of brand extension.
Another name for Brand Extension is Brand Stretching. The basic strategy behind Brand Extension is to use the company’s already available equity to launch the new product. The new product is called Spin-off. Depending upon the type of customer you have and the target you want to achieve you can use any suitable type of brand strategy.
The five different Brand Extension strategies are
Line ExtensionComplementary product extensionCustomer base extensionCompany Authority ExtensionBrand lifestyle ExtensionBrand Extension strategy works when the new product is related to the parent product and is according to the demand of the customer.
You can learn more about brand extension at
https://brainly.com/question/14096349
#SPJ4
Why are parents buying more puzzles than
ever before?
A)Schools and daycares have forbidden kids
from playing with puzzles.
B)Their children are at home with nothing to
do because of the pandemic.
C)Normal board games are out of stock.
D)WiFi systems are being overtaxed with
demand.
Answers
Answer:
B
Explanation:
children are more bored than ever so parents buy them puzzles so they stay busing doing something instead of saying they are bored to their parents every 3 seconds.
.Which of the following is NOT one of the major tools that the Fed uses to control the money supply:
A. The Comprehensive Capital Analysis and Review (CCAR) program
B. The establishment of reserve requirements for banks
C. The interest rate it pays banks on funds held as reserves
D. Buying and selling U.S. government securities and other financial assets in the open market
Answers
The correct answer is: A. The Comprehensive Capital Analysis and Review (CCAR) program
Explanation:
The CCAR program is not one of the major tools that the Federal Reserve (Fed) uses to control the money supply. The CCAR program is a regulatory framework implemented by the Fed to assess the capital adequacy and overall financial health of large banks. It is focused on evaluating banks' ability to withstand economic stress scenarios and maintain sufficient capital levels.
The major tools that the Fed uses to control the money supply are:
B. The establishment of reserve requirements for banks: The Fed sets reserve requirements, which determine the percentage of deposits that banks must hold as reserves. By adjusting these requirements, the Fed can influence the amount of money that banks can lend out and, therefore, the overall money supply.
C. The interest rate it pays banks on funds held as reserves: The Fed sets the interest rate, known as the federal funds rate, that banks earn on the reserves they hold at the Fed. By changing this rate, the Fed can incentivize banks to either hold more reserves or lend them out, impacting the money supply.
D. Buying and selling U.S. government securities and other financial assets in the open market: This is known as open market operations. The Fed can buy or sell government securities, such as Treasury bonds, in the open market to inject or withdraw money from the banking system. By doing so, the Fed influences the reserves available to banks and, consequently, the money supply.
Therefore, the tool that is NOT one of the major tools used by the Fed to control the money supply is the Comprehensive Capital Analysis and Review (CCAR) program (option A).
learn more about Comprehensive Capital Analysis on this link:
brainly.com/question/31729791
#SPJ11
Click this link to view O*NET’s Work Styles section for Tellers. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Tellers? Select four options.
curiosity
integrity
dependability
attention to detail
creativity
cooperation
Answers
The common work styles needed by Tellers, given O*NET’s Work Styles section for Tellers include:
integritydependabilityattention to detailcooperationWhat work styles are needed by tellers ?They must be cordial, accommodating, and patient. They must be able to comprehend client requirements and communicate service possibilities to clients. attention to detail When handling customers' money, tellers must take care to avoid mistakes.
Integrity. Being ethical and honest is required for work. Dependability. Fulfilling duties and being dependable, responsible, and dependable are requirements of the job. Focus on the details. A job needs attention to detail and thoroughness in task completion.
Self-Control. Even under extremely challenging conditions, the job calls for maintaining composure, managing emotions, regulating rage, and refraining from aggressive actions. Cooperation. It is necessary for the job that you get along well with coworkers and have a cooperative, positive attitude.
Find out more on work styles at https://brainly.com/question/24209091
#SPJ1
The accounting firm of Crawford and Associates has five senior partners, Yesterday the senior partners saw seven, five, two, eight, and five clients, respectively. a. Compute the mean number and the median number of clients seen by a partner. (Round the mean to 2 decimal places) b. Is the mean a sample mean or a population mean? The data represents a c. Is Σ(x−μ)=0 true or false?
Answers
a. The mean number of clients seen by a partner is 5.4, and the median number is 5.
b. The mean is a sample mean.
c. Σ(x−μ)=0 is false.
a. To compute the mean number of clients seen by a partner, we add up the number of clients seen by each partner and divide it by the total number of partners. The sum of the clients seen is 7 + 5 + 2 + 8 + 5 = 27. Dividing this by the number of partners (5), we get a mean of 27/5 = 5.4. The median is the middle value when the data is arranged in ascending order. In this case, the data set is 2, 5, 5, 7, 8. Since there are an odd number of values, the median is the middle value, which is 5.
b. The given data represents a sample mean because it represents the number of clients seen by the five senior partners of the accounting firm. If it represented the entire population of senior partners in the firm, it would be a population mean.
c. Σ(x−μ)=0 is false. The expression Σ(x−μ) represents the sum of the differences between each value (x) and the mean (μ). If the sum of these differences is zero, it would imply that all the values are equal to the mean. However, in most cases, it is highly unlikely that all the values would be exactly equal to the mean, making the statement false.
Mean, median, sample mean, population mean, and the concept of sum of differences to deepen your understanding of statistical measures.
Learn more about median
brainly.com/question/11237736
#SPJ11
A proton starts from rest and gains 8. 35 × 10^-14 joule of kinetic energy as it accelerates between points a and b in an electric field. The potential difference between points a and b in the electric field is approximately
Answers
The potential difference between points a and b in the electric field is approximately 521.19 volts.
The kinetic energy gained by a proton as it accelerates through an electric field is given by:
KE = qV
where KE is the kinetic energy gained by the proton, q is the charge of the proton, and V is the potential difference through which the proton moves.
In this case, the proton gains \(8.35 × 10^-14\) joules of kinetic energy. The charge of a proton is \(q = 1.602 × 10^-19\) coulombs.
Substituting the values into the equation for kinetic energy, electric field we get:
\(8.35 × 10^-14 J = (1.602 × 10^-19 C) * V\)
Solving for V, we get:
\(V = (8.35 × 10^-14 J) / (1.602 × 10^-19 C)\)
V = 521.19 volts
Therefore, the potential difference between points a and b in the electric field is approximately 521.19 volts.
Learn more about electric field here
https://brainly.com/question/15800304
#SPJ4
A Production Facility has produced 615,000 products and would like to allocate these products to their customers. Given the following requested customer demand, calculate how much of the EXCESS product should be sent to Customer 1 Customer 1 Demand = 180,000 Customer 2 Demand = 12,000 Customer 3 Demand = 204,000 Customer 4 Demand = 126,000 Customer 5 Demand - 78,000 A. 3,000 OB. 15,000 C.52,683 D. 4,500 E. 435,000
Answers
The excess product that should be sent to Customer 1 is B. 15,000 units.
The correct option is B. 15,000
To calculate the excess product that should be sent to Customer 1, we need to subtract the total customer demand from the total number of products produced.
Total products produced: 615,000
Customer 1 demand: 180,000
Customer 2 demand: 12,000
Customer 3 demand: 204,000
Customer 4 demand: 126,000
Customer 5 demand: 78,000
Total customer demand: 180,000 + 12,000 + 204,000 + 126,000 + 78,000 = 600,000
Excess product = Total products produced - Total customer demand
Excess product = 615,000 - 600,000 = 15,000
Therefore, the excess product that should be sent to Customer 1 is 15,000 units.
The correct answer is:
B. 15,000
for such more question on excess product
https://brainly.com/question/22199171
#SPJ8
which is better Financial manager or accountant?
Answers
Answer:
Financial manager is better
Explanation:
A financial manager is a position that is higher than an accountant, even when many financial managers are accountants themselves.
Usually, financial managers are in charge of the finances of a whole department of an organization, while accountants (the job position, not the profession) usually have less responsability.
For these reasons, financial managers tend to earn more, and face more challeging professional work.
I will give 30 points if somebody answers all of these questions !!!
Answers
Oh heck yeah, that's a lot of points!! Here we go.
1. Teamwork allows an employee to be more responsible for decision making and have more control over the work process. Working in teams also gives employees a greater sense of belonging, which can help them have more pride in their job and therefore, their company.
2. Direct, Coach, Delegate, and Support.
Direct: High directive but low supportive behavior.Coach: High directive + support behavior, ideal for the workplaceDelegate: Low support + directive, not good for the workplaceSupport: High supportive, low directive.3.
Goals that are agreed upon and committed tooRoles that are clear and conflict freeProcesses such as effective meetings, problem solving, and design makingInterpersonal Relationships4. The process in which two or more people work toward a solution or dispute.
5. An image that you've created around your professional self. It should represent a combination of skills and experiences that are unique to you, rather than your company or product.
6. Review your decision and its consequences, both positive and negative.
7. It is essential to making a good decision.
I hope this helps you!! Thank you so much for the points by the way!!
paid rs.5,500 to sabina and
received discount of Rs.500
Answers
Answer:
5000 RS (THIS IS CORRECT)
Explanation:
5500-500
Answer:
Rs 5000
Explanation:
=5500-500
5000.....
ASAP PLZ
What advantage does a corporation have over a sole proprietorship or a partnership?
(A) The business is responsible for its debt, not the people who own the business.
(B) It's not considered a separate legal entity from the people who own it.
(C) It's faster to establish and doesn't require the permission of the state or federal government.
(D) It's not subject to double-taxation, whereby the business income is taxed, and then the owners are taxed.
Answers
Answer:
it's faster to establish and doesn't require the permission of the state or federal government
Answer:
A
Explanation:
Shareholders in a corporation are not liable for corporate debts. ...
if wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to
Answers
If wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to 9 percent.
Real income, also known as real wage when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account.
The average hourly wage rate expressed in dollars over a specified reference base period is known as the real wage rate. It demonstrates how many goods and services one hour of work can buy. Real wage rate is calculated as (current-year nominal wage rate / current-year CPI) x 100%.
Real wages are decreased by inflation through a decline in the capital stock and a change in relative prices, respectively. The two effects combine to cause a decline in real wages that is greater than the corresponding decline in per-capita GDP. During times of high inflation, this mechanism could contribute to rising poverty.
Learn more about real wages at:
brainly.com/question/14895331
#SPJ4
Na'Kima is developing a budget for her firm's IMC program. First she sets objectives. Then she chooses media, and finally she determines the cost for each product to be promoted. Na'Kima is using the __________ method of establishing an IMC budget.
Answers
Answer:
Sender receiver method of establishing
Explanation:
Please mark brainliest
In which countries do people prefer discussing business during meals?
Answers
13. Olive Baker has a paycheck for $173,45 and a refund check for $3. She
would like to receive $25 in cash and deposit the remaining amount.
What is her total deposit?
Answers
Answer:
$151.45
Explanation:
Olive had two checks; the total for the two checks is
=$173,45 + $3
=$176.45
Olive wishes to have $25 in cash, net deposits
= $176.45 - $25
=$151.45
Employers will consider an application valid even if it has not been signed.
T or F
Answers
You have a small business. your first-year financials are as follows.
start-up costs $60,800
gross sales $65,800
total expenses $28, 500
income taxes $6, 370
what is the return on investment (roi)for your business?
Answers
The return on investment for the business with the given financials are as follows,
Start-up costs $60,800
Gross sales $65,800
Total expenses $28, 500
Income taxes $6, 370
Overall expenditure $95670
Return on investment, $65800- $95670
= $-29870.
What is Return on investment?Return on investment is a financial ratio used to calculate the benefit an investor will receive in relation to their investment cost. It is most commonly measured as net income divided by the original capital cost of the investment.
Learn more about Return on investment here,
https://brainly.com/question/13166641
#SPJ1
If a firm's marginal product of labor is less than its average product of labor, then an increase in the quantity of labor it employs definitely will:
Answers
If a firm's marginal product of labor is less than its average product of labor, then an increase in the quantity of labor it employs will definitely lead to an increase in its average product of labor.
The marginal product of labor (MPL) measures the additional output that a firm can produce by employing one more unit of labor. The average product of labor (APL), on the other hand, calculates the output per unit of labor employed. When MPL is less than APL, it means that the additional output gained from hiring one more worker is lower than the average output per worker.
By increasing the quantity of labor it employs, the firm can increase its total output. Since MPL is less than APL, the firm can expect the average output per worker to increase as more workers are added. This is because the firm is able to utilize the new workers more efficiently, leading to a higher APL. In simple terms, if a firm's marginal product of labor is less than its average product of labor, hiring more workers will improve the firm's average productivity.
To know more about product visit:
https://brainly.com/question/33332462
#SPJ11
Suzie pays her insurance company every month for coverage for her car. This payment is called the ___. deductible premium contribution liability
Answers
Answer:
premium
Explanation:
Premium is the term given to the regular and periodic payments that the insured makes to the insurance companies. Premiums are the payments for the insurance coverage.
Insurance coverage is a contract between the insurance company and the customer. As per the contract agreement, the company provides insurance coverage, and the customer pays premiums. In other words, Premium is the consideration for the insurance coverage.
to maximise the hits on his website, colin wants to target two different audiences using both display ads and search advertising. his two target audiences include cinema-goers and home movie watchers. which type of approach would work for each audience?
Answers
To maximize the hits on his website, Colin wants to target two different audiences using both display ads and search advertising. The approach for each audience include display of advertisements for cinemagoers and search advertising for home movie watchers.
What are the approach for target audience?The type of approach that would work for each audience is as follows: For Cinema-goers: Approach for cinema-goers should be Display Advertising. This approach works best for cinema-goers as these people are most likely to look at the ads while at the theater or outside it. Aiming for these people's attention would be a great strategy as this group has a higher probability of looking at ads than the general public. They are also more likely to spend their money on movies.
Home movie watchers: Approach for home movie watchers should be Search Advertising. Since this group is at home, it would be best to advertise through search engines. This approach works by putting keywords and phrases that the user might type in a search engine when looking for movies. If the user is searching for something specific, such as the title of a film or a particular genre, the search ad is more likely to appear at the top of the search engine results page, drawing the user's attention.
Learn more about Advertising here:
https://brainly.com/question/3163475
#SPJ11
Why do you think that agriculture and Forestry related occupation and important? Give reasons?
Answers
Answer:
These careers supply us with a multitude of food products and alternative energies, among many other important resources for sustaining our country and contribution to the world economy.
please help I will make you Brainliest
Answers
Answer:
Rffffdf is a great place to work for and it is
R
What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a $0.15 quarterly dividend to its shareholders?
Answers
Answer:
$60/year
Explanation:
If Company A issues a $0.15 quarterly dividend to its shareholders, then the annual dividend per share would be:
$0.15/quarter x 4 quarters/year = $0.60/year
To find the total annual dividend received from owning 100 shares of stock A, we can multiply the annual dividend per share by the number of shares:
$0.60/year x 100 shares = $60/year
Therefore, owning 100 shares of stock A would result in a total annual dividend of $60.
1. Which of the following is a proportion?
Birth rate
Rate ratio
Infant mortality rate
Point prevalence
Use the following choices for Questions 2–4 (you may select more than one)
Ratio
Proportion
Incidence proportion
Mortality rate
# women in Country A who died from lung cancer in 2004
# women in Country A who died from cancer in 2004
# women in Country A who died from lung cancer in 2004
# women in Country A who died from breast cancer in 2004
# women in Country A who died from lung cancer in 2004
estimated # women living in Country A on July 1, 2004
5. All proportions are ratios, but not all ratios are proportions
A. True
B. False
6. What is the following fraction? (you may select more than one)
Number of children < 365 days of age who died in Country A in 2004
Number of live births in Country A in 2004
Choose from:
Ratio
Proportion
Incidence proportion
Mortality rate
Answers
Infant mortality rate of the following is a proportion.
Infant mortality is the term used to describe the death of infants under the age of one. Infant mortality rate (IMR) is used to calculate this number of deaths. This is the probability of neonatal death per 1,000 live births. Infant mortality, often referred to as infant mortality, is a significant figure because infant mortality only considers children under the age of one.
Asphyxia during labor, pneumonia, birth defects, full-term birth difficulties including abnormal fetal symptoms and prolonged labor, neonatal infections, diarrhea, malaria, measles and malnutrition are other major causes of infant mortality. Part of the cause.
To know more about Infant mortality here-
https://brainly.com/question/9662648
#SPJ4
the state of massachusetts recently saw a 10% increase in the price of electricity, which brought about a 2% fall in the quantity of electricity consumed. the price elasticity of demand is equal to , and demand is described as
Answers
Using the following formula, we can determine the price elasticity of demand:
Price elasticity of demand is calculated as follows: (% change in quantity desired) / (% change in price).
We are aware that while the demand for power decreased by 2%, the cost of electricity rose by 10%. These numbers allow us to determine the price elasticity of demand in the manner shown below:
Demand price elasticity = (-2% / 10%) = -0.2
The absence of a positive sign denotes an inverse relationship between price and quantity demanded. T he demand for electricity is inelastic because the elasticity's absolute value is less than one. This indicates that the quantity needed is not significantly affected by a price change. T he demand for electricity is comparatively insensitive to price variations.
Learn more about the price of electricity
https://brainly.com/question/6900838
#SPJ4
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider
Answers
Answer:
Policy holder
Explanation:
There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.
Answer:
Policy Holder
Paid office expenses Rs.2,000 journal entry plz
Answers
Explanation:
Here, office expenses A/c is debited because it’s an expense for the business, and all the expenses are debited as per the golden rule for nominal accounts.
On the other hand, the bank account is credited because by making payments of such expense the bank(assets) of the business decreases, and a decrease in assets is recorded on the credit side as per the modern approach for assets.
Another aspect is that by making payments, what’s flowing out of the bank, cash? What goes out is credited as per the traditional approach for real accounts.
Thank you very much for having a look at my answer.
Explanation:
~ See the attached picture !
Hope I helped !
Have a wonderful day / night !
How is product placement different from a commercial?
business sucks!
Answers
Answer:
Product placements in music videos range from 3-5 minutes whereas product placement in movies can range in 12 minutes-1.5 hours or more in length. A commercial is specifically geared specifically toward interrupted television with a 5-30 sec ad placed in between TV shows.
Product Placement is when a trademark is seamlessly incorporated into the story and plot, of video production.
What is Product Placement?
The significant kinds of product placement are either visual, verbal, signage, or usefulness.
Product placements in theme videos vary from 3-to 5 minutes whereas product placement in movies can meander from 12 minutes-1.5 hours or more in length.
A commercial is geared especially toward interrupted television with a 5-30 sec ad established in between TV shows.
A commercial is especially geared toward interrupted television with a 5-30 sec ad established in between TV exhibitions.
The expenditures of each of these can vary which depend on the reach, demographics of viewership, target markets, time of day, and more additional variables.
Find more information about Product Placement here:
https://brainly.com/question/7997206