Author Question: The t-statistic measures A) the efficiency of the t-test relative to the standard z-test. B) the ... (Read 38 times)

james0929 · **on:** Jul 1, 2018

The t-statistic measures

A) the efficiency of the t-test relative to the standard z-test.
B) the probability that the estimated coefficient is within the range of the standard error.
C) whether the estimated coefficient is independent of the standard error.
D) whether the estimated coefficient is large relative to the standard error.

Question 2

Suppose there are two types of consumers with two different demand curves, and the marginal cost of the monopoly is 10. What could be the possible price under two-part pricing that will maximize the monopoly profit?

A) 8
B) 9
C) 10
D) 12