Question: help please D Question 19 4 pts Use the information below to answer questions 24 and 25 A farmer wants to estimate the fertilizer use

help please D Question 19 4 pts Use thehelp please D Question 19 4 pts Use thehelp please

D Question 19 4 pts Use the information below to answer questions 24 and 25 A farmer wants to estimate the fertilizer use and water use on his corn yield. He estimates the following regression: Yield = 125 + 25Fertilizer + 5Water Where, Yield is in bushels per acre Fertilizer is a dummy variable that takes the value 1 if the farmer uses fertilizer and zero otherwise Water is in gallons/acre What is the relationship between Water use and yield? (select all that apply) None of the answers are correct If water use increases by 1 gallon per acre, yield would increase by 5 bushels per acre If water use decreases by 1 gallon per acre, yield would increase by 5 bushels per acre If water use decreases by 1 gallon per acre, yield would decrease by 5 bushels per acre If water use increases by 1 gallon per acre, yield would decrease by 5 bushels per acre D Question 20 What is the relationship between fertilizer use and yield? O If fertilizer use increases by 1 lb/acre yield would decrease by 25 bushels per acre O If fertilizer use increases by 1 lb/acre yield would increase by 25 bushels per acre O If the farmer uses fertilizer then yield would increase by 25 bushels per acre O If the farmer uses fertilizer then yield would decrease by 25 bushels per acre O None of the answers are correct Question 21 4 pts What does it mean if the US has a trade surplus with Japan? (select all that apply) the value of goods and services that the Japan imports from the US exceeds the value of goods and services that the Japan exports to the US O the value of goods and services that the US imports from Japan exceeds the value of goods and services that the US exports to Japan the value of goods and services that the US imports from Japan is less than the value of goods and services that the US exports to Japan the value of goods and services that the Japan imports from the US is less than the value of goods and services that the Japan exports to the US 4 pts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!