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Question: How do you think the violation of assumption of the simple linear regression model affects the OLS estimators of the intercept and the slope? (To answer the question, tell me if the intercept and the slope will be biased or not. If it is biased, then use an specific example( it can be our textbook example of student performance and class size) with the appearance of an outlier to illustrate in what direction will the intercept and the slope will be biased, overestimate or underestimate.)
Use the diagram to answer the following questions (a-d). a. At the equilibrium price before the tax is imposed, what area represents consumer surplus? What area represents producer surplus?
Make a table showing Mankato's marginal cost of newsprint production. Find out the minimum price necessary for Mankato to supply one ton of newsprint?
How much time will Thoreau spend in leisure?
based on 21 months of past data ziggys drive-in has determined that the demand for its hamburgers is given by the
AnaltThe role asymmetric information has in many economic transactions. The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.
Find Marens consumption in the two periods ( as a function of m1,m2 and r)3) If the interest rises, how will Maren chanhe her consumption in each of the two periodes
Why might this information help to lead to the conclusion that milk is a suitable item to be subsidized by the government?
Evaluate this statement: " profit-maximizing firms lack an incentive to provide job safety, and consequently, the federal government must intervene legislatively to protect workers against unsafe working conditions that will surely result."
River Ridge Music School borrowed $30,000 from the bank signing a 6%, 6-month note on November 1. Principal and interest are payable to the bank on May 1. If the company prepares monthly financial statements, what adjusting entry should the company m..
langley clinics inc. buys 400000 in medical supplies each year at gross prices from its major suppliers consolidated
Presume an individual lives two periods. In period 1 she works full time and makes $100. In period 2 she enters partial retirement and makes $20. She can borrow and save at the constant, risk-free interest rate r. Draw her budget constraint. Label th..
Based on this information, how much would you have to enjoy the next bowling game, expressed in terms of dollars, to play another game?
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