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Using the 2018 GSS, we regressed the number of hours of television watched on the average day on three variables: years of education, age, and marital status. Marital status is a dummy variables with 1 = married. We get the following results for the unstandardized regression coefficients: TVhours = 3.38 - .13Educ + .03Age - .52Married. What is the predicted number of hours of television viewing for a 20-year old, unmarried person with 14 years of education?
Publicly Traded Stocks
Stocks of companies that are traded on public stock exchanges, making them available to buy and sell by investors.
True Market Portfolio
An optimal portfolio that includes all available assets in the market, their proportions reflecting their market values, as suggested by the Capital Asset Pricing Model.
Derivatives
Claims whose value depends on what happens to the value of some other asset. Futures and options are two important types of derivatives, and their values depend on what happens to the prices of other assets. Therefore, the value of a derivative security is derived from the value of an underlying real asset or other security.
Foreign Securities
Investment instruments issued in a jurisdiction outside of the investor's country, including stocks, bonds, and other financial assets.
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