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Author Question: The certainty equivalent is the certain dollar amount a risk-averse decision maker would accept in ... (Read 119 times)

Alainaaa8

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on: Jun 24, 2018
The certainty equivalent is the certain dollar amount a risk-averse decision maker would accept in order to avoid a gamble altogether.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

A multiple regression model involves 40 observations and 4 explanatory variables produces SST = 1000 and SSR = 804 . The value of MSE is 5.6.
 a. True
  b. False
   Indicate whether the statement is true or false


djpooyouma

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


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Alainaaa8

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Reply #2 on: Jun 24, 2018
Thank you :)


djpooyouma

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Reply #3 on: Jun 24, 2018
Happy to help you


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