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Since increasing the number of variables increases R2 why not include every variable in the regression equation?
A. Yes, you can include as many significant variables as you wish since computation power is the only limitation on regression modeling.
B. No, since the F statistic and Adjusted R2 value degrees of freedom increase and they decreases as a result.
C. No, since coefficient t-values will decrease as more variables are added.
D. No, since the accuracy of the additional data decreases as more variables are added.
If price elasticity of demand = -1.5 and price decreases by 10 percent, then
Over the past year the inflation has been 10%. The price of a used Ford SUV has fallen from $6,000 to $5,000, or 16.6%. By what percentage has the real price fallen?
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Cole has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30.
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question 1an economy is currently in equilibrium and the following figures refer to elements in its national
Increasing the government budgetary surplus or decreasing the deficit is desirable in a period of:
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