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mr Goodwill [35]
1 year ago
13

The following model can be used to study whether campaign expenditures affect election outcomes: voteA = β0 + β1log(expendA) + β

2log(expendB) + β3prtystrA + u where voteA is the percentage of the vote received by Candidate A, expendA and expendB are campaign expenditures by Candidates A and B, and prtystrA is a measure of party strength for Candidate A (the percentage of the most recent presidential vote that went to A0s party). (i) What is the interpretation of β1? (ii) In terms of the parameters, state the null hypothesis that a 1% increase in A0s expenditures is offset by a 1% increase in B0s expenditures

Mathematics
1 answer:
rosijanka [135]1 year ago
6 0

Answer:

(i) It represents change in expenditure by candidates A; (ii) H_0:\beta_1+\beta_2=0

Step-by-step explanation:

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Write the converse of the following statement and determine its truth value:
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Answer:

The converse is:

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True

Step-by-step explanation:

The statement can be split into:

p -> If a class has 3 left-handed people and 24 right-handed people,

q -> the ratio of lefties to righties is 1:8

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if q then p

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if the ratio of lefties to righties is 1 : 8, then for every 3 left handed people, there are 24 right handed people.

The truth value.

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For q, we have:

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