2. Which of the following is NOT a role of the error term (as covered in the notes)? Select one: а. cross out Addressing errors in data collection b. Addressing omitted cross out variables С. cross out Addressing errors in functional form d. Addressing random shocks
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- Show a work through of d e and g?Construct a model for the number of cats, y, after x months that make use of the following assumptions: 1. It begins with two cats – one female and one male, both unneutered. 2. Each litter is composed of 4 kittens – 3 males and 1 female. 3. It takes four months before a new generation of cats is born. 4. No cat dies (all are healthy) and no new cats are introduced.