Author Question: Mathematically, the utility function for risk adverse individuals is said to be ____ and/or ____. ... (Read 106 times)

tiara099

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Mathematically, the utility function for risk adverse individuals is said to be ____ and/or ____.
 a. decreasing , linear
  b. decreasing , convex
  c. increasing , linear
  d. increasing , concave
  e. increasing , decreasing

Question 2

Multiple regression represents an improvement over simple regression because it allows any number of response variables to be included in the analysis.
 a. True
  b. False
   Indicate whether the statement is true or false



Chocorrol77

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Answer to Question 1

d

Answer to Question 2

FALSE



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