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(a) Explain what is meant by the term regression.
(b) Describe the justification for the inclusion of a disturbance term in a regression analysis.
(c) With appropriate examples, discuss the different types of data that are available for empirical analysis.
(d) Show that Cov(a+bX,c+dY)= bdCov(X,Y) where a, b, c, and d are constants.
A thick walled cylinder has internal and external diameters of 120 mm and 420 mm respectively. It is made from a ductile elastic material of your choice and is used to contain hot
Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?
examples of economic relationships
Process of least cost method and how to do a minimisation problem
In a simple economy, people consume only 2 goods, food and clothing. The market basket of goods used to compute the CPI has 50 units of food and 10 units of clothing.
HOW CAN I GET MULTI REGRESSION
A store is known for is bargains. The store has the habit of lowering the price of its bargains each day, to ensure that articles are sold fast. Assume that you spot an item on Wed
What is the expected value and variance of y = 3x+2 knowing that E(X) = 8 and var(X) = 4.
PROOF THAT E(XU) DIFFERENT FROM ZERO.
how to calculate trade potential on eviews?
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