Estimate the model by OLS to find the impacts of anti-smoking campaigns

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

 

In table 1, you are given the data on the demand for cigarettes in Turkey and its determinants for the 29 years (1960-1988). The definitions of the variables are as fallows:

Q = Cigarette consumption per adult (kg)

Y = Per-capita real GNP in 1968 prices in Turkish liras.

P = Real price of cigarettes in Turkish liras per kg.

ED1 = Ratio of enrollments in middle and high schools to the     

            population 12-17 years old.

ED1 = Ratio of enrollments in universities to the population 20-24 years  

           old.

D82 = 1 for 1982 and onward

D86 = 1 for 1986 and onward

In late 1981, health warnings were issued in Turkey regarding the hazards of cigarette smoking. In 1986 one of the national newspapers launched an antismoking campaign. 

a. Estimate the model by OLS to find the impacts of anti-smoking campaigns 

b. Use the data to transform to logarithm form (LQ = lnQ etc.). 

c. Write down your model without using dummy variables and estimate it by OLS. Interpret your results.

d. Estimate the model by OLS by using dummy variables and interpret your results.

 

Attachments:

Related Questions

. The fundamental operations of create, read, update, and delete (CRUD) in either Python or Java

CS 340 Milestone One Guidelines and Rubric  Overview: For this assignment, you will implement the fundamental operations of create, read, update,

. Develop a program to emulate a purchase transaction at a retail store. This  program will have two classes, a LineItem class and a Transaction class

Retail Transaction Programming Project  Project Requirements:  Develop a program to emulate a purchase transaction at a retail store. This

. The following program contains five errors. Identify the errors and fix them

7COM1028   Secure Systems Programming   Referral Coursework: Secure

. Accepts the following from a user: Item Name Item Quantity Item Price Allows the user to create a file to store the sales receipt contents

Create a GUI program that:Accepts the following from a user:Item NameItem QuantityItem PriceAllows the user to create a file to store the sales receip

. The final project will encompass developing a web service using a software stack and implementing an industry-standard interface. Regardless of whether you choose to pursue application development goals as a pure developer or as a software engineer

CS 340 Final Project Guidelines and Rubric  Overview The final project will encompass developing a web service using a software stack and impleme