Problem 4 An analyst specifies that changes in educ cause wage to change, specifically following the economic model wage = Bo + Breduc + E. The
September 3, 2020
Based on the Ethics of Big Data, what microeconomics principles are being used. What is the impact for demand?
September 3, 2020

A public opinion survey wished to determine if support for new tree clearing laws differed between metropolitan (M) and regional (R) areas. Of the 625 metropolitan households interviewed, 460 indicated they supported the tree clearing laws, while only 204 of the 388 regional households indicated support. Construct a 95% confidence interval for the difference between the proportions of metropolitan and regional households favouring the new laws. Write the difference as M – R and state the upper limit correct to 3 decimal places.

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