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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.
For each pair of terms/concepts, define each term/concept and explain the relationship between them. The ideal answer is three sentences. One for each definition and one for the re
Would you please advise me what would be the code in Eviews if I have first dependent variable in continuous data, second censor data and third discrete data in my system (structu
Factor that affect the volume of production
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volatility
The following regression was estimated to explain the inflation rate in the USA. The data set contains annual observations from 1970 to 2010. Inft = 2500 + 50*Xt +
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In the United States, a buyer of a new electric is eligible for a one-time federal income tax credit of up to $4,000. Show the effect of this tax credit graphically, assuming the $
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what is ac that mines average cost,
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