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

Author Question: If R2 is less than 1 A) the regression analysis is incorrect. B) the observation data is ... (Read 135 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

C




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

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

For a complete list of videos, visit our video library