Explain Why, According to Feldstein and Horioka, One Should Expect

question 110

Essay

Explain why, according to Feldstein and Horioka, one should expect that domestic investment rates diverge widely from saving rates.

Analyze the effects of sample size on the accuracy of a Normal model applied to skewed populations.

Calculate probabilities in the context of the Normal distribution model and understand the impact of changing standard deviations.

Grasp the concept of the sampling distribution model for different population distributions.

Understand the criteria (success/failure condition and independence) for applying the Normal model to proportions.

---

Definitions:

Hospital Inpatient

An individual who has been admitted to a hospital and stays overnight or for multiple days for medical care.

Combination Code

An ICD code in which two diagnoses are included in one code.

Diagnoses

The identification of the nature and cause of a health issue, often determined through examination and the use of diagnostic tests.

Collectivism

Societal structure and world view in which people prioritise group loyalty, commitment and conformity, and belonging and fitting in to groups, over standing out as an isolated individual.