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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 correlation among age and monthly donations to charity is found to be 0.2.Test whether this correlation is significantly among from zero and comment on your result.
energy consumption and economic growth
Problem: a) Using a financial or economics theory, determine a simultaneous structural model and a recursive model, explaining each variable used in the models. b) Using
what is collinearity?
what are the test for heteroscedasticity?
prove that summation k =0 and summation kxi=1
economic system
What is the rival principle of distribution? What are the impacts of ethics and morals on the rival principles of distribution?
I need help on using eviews for Iterated cumulative sums of squares (ICSS) algorithm for detecing structural break. How much would it be?
please provide literature on vecm granger causality block exogenity wald test and also tell how to interpret results
give detail example about them?
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