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Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
why do we make use of regression analysis in our econometrics analysis
A bottling company has determined the number of machine breakdowns per month and their respective probabilities as given below: Number of Breakdowns Probability
explain the concept of cochrane-orcutt procedure
what are factors contributing to the long run trend interms of trade of developing countries?
Problem: (a) Differentiate between linear and log-linear model. (b) Distinguish between type I and type II errors. (c) (i) A bulb manufacturer claims that its bulbs last
explain the method with an example
anova model two qualitatlve var
Calculate the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.
(a) What is a white noise process? (b) Distinguish between exogenous and endogenous variables, using examples. (c) What do you understand by simultaneity bias and can OLS
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