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Susie · 2023年04月27日

这题对应的知识点及计算公式,辛苦老师细讲下

NO.PZ2022123001000143

问题如下:

Espey Jones is examining the relation between the net profit margin (NPM) of companies, in percent, and their fixed asset turnover (FATO). He collected a sample of 35 companies for the most recent fiscal year and fit several different functional forms, settling on the following model:

lnNPMi=b0+b1FATOi

The results of this estimation are provided in Exhibit 1.


The predicted net profit margin for a company with a fixed asset turnover of 2 times is closest to:

选项:

A.

1.1889%

B.

1.8043%

C.

3.2835%

解释:

The predicted natural log of the net profit margin is 0.5987 + (2 × 0.2951) = 1.1889. The predicted net profit margin is e1.1889 = 3.2835%.



1 个答案

星星_品职助教 · 2023年04月27日

同学你好,

根据题干中已经给出的方程:

根据Exhibit 1给出的数据,分别代入b0=0.5987,b1=0.2951。再代入题干中给出的FATO=2(...  with a fixed asset turnover of 2 times)

可计算出lnNPMi=1.1889。由于最终要求的是NPM,所以两边同时取“e”,得到NPM=3.2835%。


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