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Explain the difference among the usual (product moment) correlation and rank correlation. In what situations is it more appropriate to use rank correlation?
remedial measure of multicolinearity
Factor that affect the volume of production
Can you explain the basic introduction of this methodology?
a) Explain what is calculated by a correlation coefficient. b) Why do economists commonly find regression a more useful tool than correlation? c) In a sample of 102 men the corre
demand for tea, Y, are assumed to be affected by income of students, X. A simple linear regres-sion analysis was performed on 20 observations and the results were: Independent vari
anova model two qualitatlve var
about t-ratio test under multicolinarity
what is role of education in economic development?
Ask question #Minimum unions tie the hand of management and inhibit efficient decision making100 words accepted#
Gruen&Pagan(1999) "The Phillisp Curve in Australia" identified that NAIRU is non-constant over the period. Provide an econometrics evaluation of the claim that NAIRU is non constan
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