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Author Question: If R2 is less than 1 A) the regression analysis is incorrect. B) the observation data is ... (Read 63 times)

Beheh

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on: Jul 1, 2018
If R2 is less than 1
 
  A) the regression analysis is incorrect.
  B) the observation data is suspect.
  C) some observations do not lie on the regression line.
  D) the probability of having the correct fit is very low.

Question 2

If adverse selection exists in a market
 
  A) the government steps in and shuts it down.
  B) the market is considered a grey market.
  C) consumers may not participate in the market at all.
  D) total surplus is maximized.


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manuelcastillo

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


Beheh

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  • Posts: 520
Reply 2 on: Jul 1, 2018
Excellent

AngeliqueG

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

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