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Author Question: If R2 is less than 1 A) the regression analysis is incorrect. B) the observation data is ... (Read 134 times)

Beheh

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If R2 is less than 1
 
  A) the regression analysis is incorrect.
  B) the observation data is suspect.
  C) some observations do not lie on the regression line.
  D) the probability of having the correct fit is very low.

Question 2

If adverse selection exists in a market
 
  A) the government steps in and shuts it down.
  B) the market is considered a grey market.
  C) consumers may not participate in the market at all.
  D) total surplus is maximized.



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manuelcastillo

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Answer to Question 1

C

Answer to Question 2

C




Beheh

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Reply 2 on: Jul 1, 2018
Wow, this really help


kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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