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For each pair of terms/concepts, define each term/concept and explain the relationship between them. The ideal answer is three sentences. One for each definition and one for the relationship.1. Cournot and Collusion2. Market Power and Herfindahl Index3. Contract Curve and Edgeworth Box for an Exchange Economy
what is the mathematical origin of durbin watson test for autocorrelation
HI, I am currently working on my econometrics assignment which requires me to replicate the result of a published paper. I have been given the same data set as the paper therefore
Define Dummy Variable and write its importance in Regression model.
Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.
(a) Explain what is meant by the term regression. (b) Describe the justification for the inclusion of a disturbance term in a regression analysis. (c) With appropriate exa
What is the ADF max test?
effect on of multicollinearity.
examples
The equilibrium conditions for three related markets are given by: (a)Write this system of equations in matrix notation of the form Ax = B. (b) Find the determinant
what are the causes,consequences and remedy of measurement error?
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