Error term conditional on the independent variables

Assignment Help Business Management
Reference no: EM132969010

Zero mean of the error term conditional on the independent variables:

For this the obvious thing to think about is everything else that can affect the dependent variable that you have not included as an independent variable in your regression and opine on if these things are likely to be correlated with any of your independent variables which are included in the regression analysis.

What does this mean?

Reference no: EM132969010

Questions Cloud

What is the purpose of a peer review : What is the purpose of a peer review? What are the reasons why peer reviews have become necessary and the type of examination that is performed
Define work-life balance : Define "work-life" balance. Why is work-life balance important for individuals as well as organizations? What are some effective strategies for improving work-l
What is the effective annual cost to your firm : What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 40
Why is it important for boards to speak to shareholders : Why is it important for boards to speak to shareholders?
Error term conditional on the independent variables : For this the obvious thing to think about is everything else that can affect the dependent variable that you have not included as an independent variable in you
How can you use linkedin to network : How can you use Linkedin to network? If you are already a member go through the different tools in the site. How can these tools help you when looking for a job
Intersection of character and narration : Revise the sections on 'Character' and 'Narrative perspective' in Units 3 and 4 of Tutorial Letter 501, paying special attention to the discussion on 'The inter
What is the standard quantity of direct material per unit : The direct material price variance and quantity variances are 5,000 favorable and 2,750 unfavorable, respectively. What is standard quantity of direct material
Describe a real-world example of an organization : Describe a real-world example of an organization that would place more importance on one area of the SWOT analysis compared to another area.

Reviews

Write a Review

Business Management Questions & Answers

  Creating a motivational environment or a scenario

Creating a motivational environment or a scenario

  Which reasons would cause son to lose his insurance benefits

Suppose an employee's 18-year-old son has group medical insurance as a dependent of the employee. Which one of the following reasons would cause the son to lose his insurance benefits?

  Show standards of living in the u.s.

How does the standard of living differ for the average American versus for the average person living in India

  Compliance with state statutes

Assume the football team is set up as a general limited liability company (LLC) and that Lenny, Sarah, and Sam are the owners of the LLC and it is a member-managed firm. Which of the following is incorrect?

  Determine your target consumers and conduct an analysis

Determine your target consumers and conduct an analysis using secondary sources of information on their geo-demographic data, lifestyles, and socio-cultural beliefs.

  Describe role that creativity can play in problem solving

Explain in what ways problem solving and decision making are interrelated. (1-2 slides)

  Analyze and interpret the relationships

Assume that a 2.5% decrease in the price of digital apps decrease the quantity demanded of tablets by 1%. Using microeconomic concepts

  Did jungs strategy fit the situation why or why not

Did Jung's strategy fit the situation? Why or why not? Does McCoy's strategy fit the current situation? Explain your answer.

  What problems do you believe you would experience and why

Assume you are the ombudsperson or an ethics officer for a large organization. What problems do you believe you would experience? Why? What contributions do you think you could make in this role? Why?

  How could legislation impact on operations

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning?

  How organisational behaviour can impact on change

Explain how organisational behaviour can impact on change.

  Marginal physical product

Select one of the cases below and discuss what would happen to marginal physical product and why:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd