The certainty equivalent is the certain dollar amount a ...

[Alainaaa8]

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]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[Alainaaa8]

Thank you

[djpooyouma]

Happy to help you