This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One of the least squares assumptions in the multiple regression model is that you have random ... (Read 243 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
One of the least squares assumptions in the multiple regression model is that you have random variables which are i.i.d. This stands for
 
  A) initially indeterminate differences.
  B) irregularly integrated dichotomies.
  C) identically initiated deltas (as in changes).
  D) independently and identically distributed.

Question 2

Give at least three examples from economics where you expect some nonlinearity in the relationship between variables. Interpret the slope in each case.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: Typical answers involve the Cobb-Douglas production function, the Phillips curve, earnings functions, and (given the textbook discussion) student performance and income.


BRWH

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
:D TYSM

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Multiple crossovers can include more than two chromatids Multiple crossovers can include more than two chromatids
Kaplan’s Three-Stage Model of Sexual Response Kaplan’s Three-Stage Model of Sexual Response
Marx's Model Of The Social Classes Marx's Model Of The Social Classes
Drug inhibition of folic acid metabolism. Drugs inhibit multiple steps in the metabolic pathway ... Drug inhibition of folic acid metabolism. Drugs inhibit multiple steps in the metabolic pathway ...
How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ... How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ...
The Malthusian Model The Malthusian Model
Video: Burn Animation

For a complete list of videos, visit our video library