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1. What is meant by
(a) Econometrics?
(b) Regression analysis?
(c) Disturbance or error term?
(d) Simultaneous-equations models?
2. (a) What are the functions of econometrics?
(b) What aspects of econometrics (and other social sciences) make it basically di?erent from most physical sciences?
singer suggests that although the right to sell blood does not threaten the formal right to give blood it is
At the .01 significance level, can we conclude that the 30-yeer mortgage rate for small banks is less than 6 percent? Estimate the p -value.
a survey asks 1400 chief financial officers has the economy forced you to postpone or reduce the amount of vacation you
the market price for a certain product is 5 per unit and occurs when 14000 units are produced. at at price of 1 no
in a chemical processing plant it is important that the yield of a certain type of batch product stay above 80. if it
Computing the probability values for the given discrete distribution - What is the probability that you did not shake hands with a person with the flu
if the same mean is 11 the hypothesized population mean 10 and the population standard deviation is 4 compute the test
annual maximum wind speed gusts have been modeled as both a type i gumbel and type ii largest extreme value. if the
Does all statistical data have a mean, median, or mode? Why? When is the mean the best measure of central tendency? When is the median the best measure of central tendency?
How would you use the binomial distribution in making a business decision during a normal day of work in the career of your choice?
Chi-square tests are great to show if distributions differ or if two variables interact in producing outcomes. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?
one of four coins is countefeit and is either too heavy or too light.the problem is to identify the counterfeit coin
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