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Homework answers / question archive / 1)You are given the following time series data on the number of incorporations and the number of business failures in the United States: Year 1981 1982 1983 1984 1985 1986 1987 1988 Incorporations 581,242 566,942 600,400 634,991 622,047 702,738 685,572 685,095 Business Failures 16,794 24,908 31,334 52,078 57,253 61,616 61,622 57,099 a

1)You are given the following time series data on the number of incorporations and the number of business failures in the United States: Year 1981 1982 1983 1984 1985 1986 1987 1988 Incorporations 581,242 566,942 600,400 634,991 622,047 702,738 685,572 685,095 Business Failures 16,794 24,908 31,334 52,078 57,253 61,616 61,622 57,099 a

Economics

1)You are given the following time series data on the number of incorporations and the number of business failures in the United States: Year 1981 1982 1983 1984 1985 1986 1987 1988 Incorporations 581,242 566,942 600,400 634,991 622,047 702,738 685,572 685,095 Business Failures 16,794 24,908 31,334 52,078 57,253 61,616 61,622 57,099 a. Calculate the mean and the median for both incorporations and business failures. b. Calculate the sample variance for incorporations. c. Calculate the sample standard deviation for business failures. d. Calculate the coefficient of skewness for business failures. e. Calculate the covariance between Incorporations and Business Failures. f. Calculate the correlation coefficient between Incorporations and Business Failures.

2)Find a situation (a real-world situation or a fictional situation) with two or more parties of jurisdiction or interest over a specific project or policy (public/private partnership, intergovernmental). At least one of the parties needs to be a governing board or elected officials.

In 750-1,000 words, do the following:

  1. Explain the participants in the situation. (power involved, interest, requirement)
  2. Explain the difference between influence and negotiation among the parties.
  3. Recommend strategies to build the relationship between the parties in preparation for negotiation (at least one of the parties needs to be elected officials or a governing board)
  4. Recommend different techniques of negotiation the parties can utilize to get their interest or requirements met.
  5. Discuss how each party determines the value of what they are negotiating for and what they are willing to give up.
  6. Discuss what would make each party agree to a decision within a negotiation or leave the table (how much leverage does each party have).

3)Prove or disprove the statement: The standard error estimate of the slope coefficient does not depend on whether you include an intercept or not in the OLS regression.” 

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