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Author Question: Kurt is trying to regress a model that studies market prices between similar products from different ... (Read 32 times)

B

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Kurt is trying to regress a model that studies market prices between similar products from different companies.
 
  During his study he realized that one of the independent variables, the competitor's price, was causing multicollinearity issues with the model. If Kurt removes the variable from the model, which of the following statistical phenomenon could affect Kurt's model?A) specification bias
  B) heteroscedasticity
  C) sampling error
  D) autocorrelation

Question 2

Which of the following is the best chart for displaying the most popular pizza topping among a group of college students?
 
  A) line chart
  B) area chart
  C) pie chart
  D) scatter diagram


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matt

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B

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


Viet Thy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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