Algebraic models, by means of algebraic equations and ...

[Charlie]

Algebraic models, by means of algebraic equations and inequalities, specify a set of relationships in a very precise way, but they require an ability to work with abstract mathematical symbols.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

Because of multicollinearity, the t-tests of the individual coefficients may indicate that some independent variables are not linearly related to the dependent variable, when in fact they are.
  Indicate whether the statement is true or false

[Yixagurpuldink]

Answer to Question 1

TRUE

Answer to Question 2

T

[Charlie]

Great answer, keep it coming

[sultansheikh]

Thanks for the timely response, appreciate it