In the Police Officer's Dilemma experiment the independent variable was shooting errors speed of response race of the target race of the study participant Question 2 (1 point) Which of the following potentially influence the perceptions of young, black men as "dangerous"? availability heuristic heuristic

In the Police Officer's Dilemma experiment the independent variable was shooting errors speed of response race of the target race of the study participant Question 2 (1 point) Which of the following potentially influence the perceptions of young, black men as "dangerous"? availability heuristic heuristic

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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There are two types of (college graduate) workers in financial industry: A (able) type and C (challenged) type. Potential employers in finance will pay $160,000 a year to a type A and $60,000 to a type C. Unfortunately, employers cannot observe the worker's type while each worker knows his or her own type. However, a market research informs all employers and workers that 60% of the population is type A and 40% is type C. Additionally, it is known to everyone that the worker types differ in their tolerance for taking an analytical course rather than easy ones in college. The A types regard the cost of each analytical course as equivalent to $3,000 a year of salary, while the C types regard it as $15,000 a year of salary. Alternative employment opportunities outside of the financial industry yield the A types a salary of $125,000 and the C types a salary of $30,000. Suppose an employer in this industry use this differential to screen his applicants and tell the A types from the C types.…
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16. A movie producer is bringing out a new movie, In order to map out his advertising, he wants to determine whether the movie will appeal most to a particular age group or whether it will appeal equally to all age groups. The producer takes a random sample from persons attending a pre-reviewing showing of the new movie and obtains the following result. Use x'-test to derive the conclusion, Age-groups Persons Under-20 20-39 40-59 60 and over Total Liked the movie 110 200 710 320 80 Disliked the movie 70 60 195 50 15 Indifferent 30 20 40 95 Total 400 100 200 300 1,000
TRAITS OF LEADERS Leaders possess traits and skills that make them successful. They are effective communicators, skillful planners, and successful motivators. Leaders can be villains or heroes. This exercise examines the skills displayed by famous leaders and allows students to use this knowledge to improve their leadership skills. SUPERVISORY ABILITY, NEED FOR ACHIEVEMENT, INTELLIGENCE, DECISIVENESS, SELF-ASSURANCE, and INITIATIVE Hitler and Martin Luther King are the two leaders that need to be compared and contrasted. Then profile them in terms of their skills and traits. Questions to answer for the Discussion (answer in 2-3 sentences) 1) What criteria did your group use to determine which two leaders you would profile? Describe. 2) In what ways are the leadership styles of these leaders similar? In what ways are they different? Explain. 3) Were you surprised at the similarity or dissimilarity between these leaders? Discuss. 4) Which one of these leaders would you want to…
A tax on Cigarettes introduced in Mexico in 2012 increased the price of Cigarettes by about 10%. An evaluation of the first two years of this measure found that Cigarette consumption fell on average by 7.6%, with a larger decrease (11.7%) in low income households. The study also estimated an increase in consumption of alternatives to smoking, particularly Nicotine patches, of 2.1% (AYA, 2017) Explain factors that determine responsiveness to a price increase. Which of these factors might explain the difference in the economy and low income households?
Suppose you are interested in studying the effect of time spent in an SAT preparation course on actual SAT score. You propose the following regression of SAT score on hours spent in preparation for SAT and family income: Y = Bo + BiX + B2X2 + u Where Y = score on SAT X₁ = time spent in studying in an SAT preparation course X₂ = income of the student's family u = error term An important assumption in the regression model with two independent variables is that E(u|x₁,x₂)=0. Assume for simplicity that the only other relevant factor (contained in the error term) that affects Y is natural ability. That is, natural ability and u are essentially equivalent in your regression. In the context of your proposed regression, this assumption assumes which of the following?
Exercise 1.4. There are two players. Each player is given an unmarked envelope and asked to put in it either nothing or $300 of his own money or $600. A referee collects the envelopes, opens them, gathers all the money, then adds 50% of that amount (using his own money) and divides the total into two equal parts which he then distributes to the players. (a) Represent this game frame with two alternative tables: the first table showing in each cell the amount of money distributed to Player 1 and the amount of money distributed to Player 2, the second table showing the change in wealth of each player (money received minus contribution). (b) Suppose that Player 1 has some animosity towards the referee and ranks the outcomes in terms of how much money the referee loses (the more, the better), while Player 2 is selfish and greedy and ranks the outcomes in terms of her own net gain. Represent the corresponding game using a table. (c) Is there a strict dominant-strategy equilibrium?
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A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whethe r more job training makes workers more productive. However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. In particular, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output).(iv) If you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? Explain.
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