2. Suppose we have the simple regression model Yi = + Xi+"i and their OLS coecient estimators a and b. Answer the following questions. (a) Suppose we multiply Xi by 1/2 for all i and do the OLS estimation again using 1 2Xi as the regressor (the independent variable). What will be your new estimators, denoted by ~a (intercept) and ~b (slope)? Compare them with the original OLS estimators a and b, respectively (b) Compare V ar[b] and V ar[~b]. Are they the same or di erent? Verify your answer (c) A t-statistic testing H0: = 0 is given by t(b) = b=S:E:(b). Show

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.