This topic contains a solution. Click here to go to the answer

Author Question: When using regression analysis for forecasting, the confidence interval indicates A) the degree ... (Read 58 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
When using regression analysis for forecasting, the confidence interval indicates
 
  A) the degree of confidence that one has in the equation's R2.
  B) the range in which the value of the dependent variable is expected to lie with a given degree of probability.
  C) the degree of confidence that one has in the regression coefficients.
  D) the range in which the actual outcome of a forecast is going to lie.

Question 2

What are the functions for MC and AC if TC = 100q + 100 ? Are the returns to scale increasing, decreasing, or constant?
 
  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

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

B

Answer to Question 2

MC = 100 + 200q
AC = 100 + 100q
Since AC increases with an increase in output, there are decreasing returns to scale.




Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library