What the D/O stands for and which party is in-charged for this issue?

According to the limitation of liability of the MTO based on the Hague-Visby Rules, unless the nature & value of the goods have been declared by the consignor before the goods have been taken in charge by the MTO and inserted in the MT document, the MTO shall in no event be or become liable for any loss of or damage to the goods in an amount exceeding the equivalent of ________  the goods lost or damaged.

It is critical that the MTO develops sound working relationships with intervening parties because they are a vital link in the supply chain and will facilitate the efficient movement of goods.

In Air/Road (truck) combination, road transport is used to move cargo over long distances, particularly in Europe and the United States.

The Bill of Lading is issued in exchange for the Mate’s Receipt.

Which of the following convention is applicable for the road transport?

Suppose you now want to estimate if the starting age of the player impacts their salary. You estimate the following model,

where is the age at which the player started playing in the NBA.

In the model above, which one of the following is the main problem?

How much, in the OLS regression model above, can the independent variables explain (in %) the total variation observed in log(wage)? Answer correct to 2 decimal places. Please check your answer thoroughly before submitting. No partial credit would be given if your answer is incorrect.   

Now consider Victor Oladipo. He is an NBA player with 5 years of experience. He wants to know by how much will his salary change (in %) next year when he will have 6 years of experience if he continues to score the same amount of points per game. Use the estimated coefficients to help Victor Oladipo make this prediction. You can assume that the Gauss-Markov assumptions hold. Answer correct to 2 decimal places. Please check your answer thoroughly before submitting. No partial credit would be given if your answer is incorrect.   

What is the in the above equation?  Answer correct to 3 decimal places. Please check your answer thoroughly before submitting. No partial credit would be given if your answer is incorrect.