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Given the demand function Qd = 650-5P-P2 where P=10 Find out the price elasticity of demand.
reasons of lags
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please provide literature on vecm granger causality block exogenity wald test and also tell how to interpret results
how to regress
Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?
(a) Describe all tests that you need to undertake prior to working with time series data. (b) Consider the following regression result: Standard Errors: (6.7525)
Question: The data needed to answer this question are in Assignment3.dat, which is a subset of a larger dataset on wages and attributes of husband and wives in American househo
In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings a savings account because her mai
Define Dummy Variable and write its importance in Regression model.
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