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What method has been used to transform Model 1 to Model 2? Equations for Model 1 and Model 2 are as follows:
Model 1
Ct = 26.19 + 0.6428GNPt - 0.4398Dt + et
Model 2
Ct /GNPt = 25.92(1/GNPt)- 0.4598(Dt/GNPt)+ et
C represents Consumption expenditures
GNP represents Gross National Product
D represents defense spending
Sample is quarterly from 1960 to 1969 (time series). Test for first order serial correlation.
Which of the following statements isn't a property of the normal probability distribution? Please explain briefly why
A study 200 nurses found that of 125 females nurses, 56 had bachelor's degree; and of 75 male nurses; 34 had bachelor degrees. if a nurse is selected at random, find the probability that the nurse is a female nurse with a bachelor degree.
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