Am stuck, help please, i need to submit my assignment on Thursday morning.,,,
Which of the following is equal to the average treatment effect (E(Y1i ? Y0i)) when Di is randomly assigned?
(a) E(Yi | Di = 1) ? E(Yi | Di = 0)
(b) E(Y1i | Di = 1) ? E(Y1i | Di = 0)
(c) E(Y0i | Di = 1) ? E(Y0i | Di = 0)
(d) all of the above Explain your answer
Mini Cases A9-75 Budgeting for a Single Product In this activity, you will be creating budgets for a single product for each of the months in an upcoming quarter. Select a product that you could purchase in large quantities (at a Sam's Club or other warehouse retail chain) and repackage into smaller quantities to offer for sale at a sidewalk cafe, a sporting event, a flea market, or other similar venue. Investigate the price and quantity at which this product is available at the warehouse. Choose a selling price for the smaller (repackaged) package. Make reasonable assumptions about how many of the smaller units you can sell in each of the next four months (you will need the fourth month's sales in units for the operating budgets). Basic Discussion Questions 1. Describe your product. What is your cost of this product? What size (quantity) will you purchase? At what price will you sell your repackaged product? Make projections of your sales in units in each of the upcoming three months. 2. Estimate how many hours you will spend in each of the upcoming three months doing the purchasing, repackaging, and selling. Select a reasonable wage rate for yourself. What will your total labor costs be in each of the upcoming three months? 3. Prepare a sales budget for each of the upcoming three months. 4. Prepare the direct material budgets for the upcoming three months, assuming that you need to keep 10% of the direct materials needed for next month's sales on hand at the end of each month (this requirement is why you needed to estimate unit sales for four months). 5. Prepare a direct labor budget (for your labor) for each of the upcoming three months. 6. Think about any other expenses you are likely to have (i.e., booth rental at a flea market or a vendor license). Prepare the operating expenses budget for each of the upcoming three months. 7. Prepare a budgeted income statement that reflects the budgets you prepared, including the sales budget, direct materials budget, direct labor budget, and the operating expenses budget. This budgeted income statement should include one column for each of the three months in the quarter, and it should also include a total column that represents the totals of the three months. What is your projected profit by month and for the quarter?12. The following graph illustrates three short-run average total cost curves for a company. Draw the long-run marginal cost curve for the company (hint: you need to draw the short-run marginal cost curves first and use those to identify the long-run marginal cost curve). S ACs (y: X2) ACs (y: X2) ACs(): X2) y1. (10 points) Suppose y: follows AR(1) model, yt = c+ Pyt-1 + et, Et miid. EN(0,o?) (a) h-step-ahead point prediction converges to its unconditional mean. That is, ElyrthOr] - Elyr] = c/(1 +o) ash - co. - (b) h-step-ahead prediction variance converges to its unconditional variance. That is, Elyrth Or] - Var(yt) = o'/(1 - 6-) ash - 00. (c) The length of the 95% h-step-ahead prediction interval does not vary as h increases
