Econometrics assignment Example | Topics and Well Written Essays - 1250 words

Econometrics - Assignment Example In this case, the cumulative probability is 0.7049. This implies that the coefficient is at least -20 (100 - 70.5) = 29.5% of the time. We now test the probability that the obtained t-score with 11982 degrees of freedom is greater than 0.5385. Using the t-tables, we obtain the one-tailed p-value as 0.2951. Since this value is greater than the default level of significance (0.05) for the test, we fail to reject the null hypothesis. We establish that the value of the coefficient is not greater than -20 at the 5% level of significance. From the equations, we now determine whether students whose home language is not English are more or less likely to read fiction compared to those who read fiction at home. Firstly, we realize that the introduction of the variable â€Å"fiction† in the second model improves the value of R2 from 0.02 to 0.204. This indicates that the variable alone accounts for (0.204 – 0.02) = 18.4% of the variability in the reading scores. We take the â€Å"odds ratio† approach. We apply the formula: Again, nearly everyone in the sample who does not speak English at home reads fiction. The ratio of fiction readers from the two categorizations is 1:1, implying neither of the groups commands higher fiction reading likelihoods than the other. In the variable â€Å"fiction† were to be split into constituent components based on the likert scale rankings earlier used, such that â€Å"fict5† indicates â€Å"I like reading fiction very much† and so on, we would have to change the variable responses from scale to dummies. We assume that if an individual who, say responding to â€Å"fict5† mentions that they â€Å"do not like reading fiction very much† will be accorded 0 for the response, and 1 for â€Å"I like reading fiction very much†. The variable â€Å"fict3† is the transition between responses that affirm or disaffirm the proposal/ question. This is highlighted by the fact that the scale used has 5 points, providing for

U01d2 Health Care Regulation Search Essay Example | Topics and Well Written Essays - 500 words

U01d2 Health Care Regulation Search - Essay Example House of Representatives. Since 1926, the United States Code has been published every six years. In between editions, annual cumulative supplements are published in order to present the most current information’ (GPO Access - USC, 2010). The Code of Federal Regulations (CFR) on the other hand is published by the Executive departments and the agencies of the Federal Government. It has been defined as, ‘The Code of Federal Regulations (CFR) is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. It is divided into 50 titles that represent broad areas subject to Federal regulation. Each volume of the CFR is updated once each calendar year and is issued on a quarterly basis† (GPO Access, 2010). Similar to the United States Code, the Extensive Federal Regulation is also divided into 50 titles and these are updated once every calendar year and are issued once every quarter. The Federal Register has been defined as, ‘Published by the Office of the Federal Register, National Archives and Records Administration (NARA), the Federal Register is the official daily publication for rules, proposed rules, and not ices of Federal agencies and organizations, as well as executive orders and other presidential documents’ (The Federal Register (FR), 2010). These reports are structured and developed in chapters which have been titled and also been well divided and explained with a deep explanation of the regulations and the rules. These form a major part of the countries documentation and need to be reviewed and updated each time to ensure that the coding and rating are all kept up to date. The report also includes an Appendix C, which locates the list of agencies for the chapters and provides details of the agencies and all the information pertaining to them. The Federal Register is also an important document of