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1. Given the following three-equations system, (a) explain why this is not a simultaneous-equations model. (b) Could OLS be used to estimate each equation of this system? Why?
2. (a) What is meant by identi?cation? (b) When is an equation of a system exactly identi?ed? (c) Overidenti?ed? (d) Underidenti?ed? (e) Are these rules su?cient for identi?cation?
the growth of children from early childhood through adolescence generally follows a linear pattern. data on the heights
Assume that there is no available information that can be used to estimate the percentage of households in which a vehicle is owned.
If a random sample of 36 lobster fishermen is selected, what is the probability that their average catch is less than 31.5 pounds? Assume the distribution of the weights of lobster is normal.
If student is chosen at random, determine the probability that he or she is sophomore and owns a credit card.
question a researcher believes that the percentage of people who exercise in california is greater than the national
explain clearly and in detail why a person that simultaneously flips 1023 pennies in the air will nevertheless
What standard deviation (within 0.001 inch) minimizes the annual cost of producuign elevator rails. You do not need to try standard deviations in excess of 0.02 inches.
Now that you are familiar with the basic concepts of statistics, what are some examples of when you have seen or heard statistics used inappropriately?
a chi-square goodness-of-fit test is to be performed. the relative frequencies for the null hyupothesis and the sample
given an initial distribution of px z exp-zx with z 0.2 and an uncertainty term with a standard deviation of 2.
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected:
the transportation safety authority tsa has developed a new test to detect large amounts of liquid in luggage bags.
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