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Author Question: Suppose you are interested in modeling the amount of money a firm spends on marketing their product. ... (Read 151 times)

lunatika

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on: Jun 24, 2018
Suppose you are interested in modeling the amount of money a firm spends on marketing their product.
 
  In order to have your results be of interest to a wide audience, you collect data from a variety of firms ranging from those who spend quite little on advertising to those that spend quite a bit. If you model advertising expenditures as a function of gross sales, your results might be subject to: A) autocorrelation.
  B) heteroscedasticity.
  C) multicollinearity.
  D) specification bias.

Question 2

Which of the following is the critical value using a level of significance of 0.05?
 
  A) 1.717
  B) -1.717
  C) 1.7139
  D) -2.0739


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TDubDCFL

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


lunatika

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

softEldritch

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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