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consider four independent variables for inclusion in a regression model. Select a sample of 30 observations. Results: 1. the model includes independent variables A and B and has a Cp value equal to 4.6. 2. the model that includes independent variables A and C has a Cp value equal to 2.4. 3. the model that includes independent variables A, B and C has a Cp value equal to 2.7.
a. which models meet the criterion for further consideration? explain.
b. how would you compare the model that contains independent variables A, B and C to the model that contains independent variables A and B? explain
List out also describe the firms in the industry. Discuss the product, production methods, scale of production, and sources for raw materials.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Antitrust authorities at the Federal Trade Commission are reviewing you company' recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power.
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Each organization manager's performance was evaluated yearly in relation to the specified multiple goals.
If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by what percentage would your real income (approximately) increase If your nominal income rose by 2.8 percent and your real income rose by 1.1 percent..
Critics have argued that if there are strong factor substitution effects, these subsides can reduce employment in the state.
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