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For a multiple regression with three explanatory variables the value of R2 is 0.75.Indicate whether every of the following statements is true or false and give brief reasons for your answer:(i) The three explanatory variables each describe 25% of the variation in the dependent variable.(ii) If R2 = 0.75 then three quarters of the data is perfectly described by the model.
whits tests
what are the causes,consequences and remedy of measurement error?
Explain the difference among the usual (product moment) correlation and rank correlation. In what situations is it more appropriate to use rank correlation?
economic system
exceptional supply
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
suppose only one professor teaches economics at your university, would you say that this prof is a monopolist who can exact any price from students in the form of readings assigned
Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good complies with t
what are the econometric models supporting currency revaluation and their application
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