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Let W be a random variable such that Supp (W) = {2, -1, 0, 1, 2 } and What is p? Define U = W 2 . What is Supp (U) and fU (u) = Pr [U = u] for u ∈ Supp (U)? Compute E [W] a
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Replicate the estimations in Table 2 on page 82 of Graddy (1995), but excluding the data of King Whiting.
Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.
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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 exa
Suppose a small open economy is characterised by the following equations/information: Y =6K 0 L 1-α K 0 = 30,000 L 0 = 10,000
reasons of lags
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