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- Exercise D8 What determines the slope of a consumption function?Review the logic of spuriousness. Can you think up an example where an observed relationship between two variables could actually be explained away by a third variable?Why does dependent variables must covariate in the multivariate analyses like MANOVA/MANCOVA? What happens if they don't covariate, will you be able to proceed in multivariate analyses?
- 1.In what cases is the logit/probit model used? example? 2. In what cases is the ordered logit/probit model used? Example? Please provide detail answer, i need it to review for my test. Thank you in advanced!What is the dependent variable and which is the independent variable?Is there an indiffrence curve here? [ i will 5 upvotes]
- n one sentence, what does it mean for an estimator to be consistent? (Hint: you do not need to state the formal definition of consistency)In economics, what does the term ceteris paribus mean when analyzing the relationship between two variables? A. All other things being equal or held constant B. The direct relationship between two variables C. The inverse relationship between two variables D. The absence of any relationship between two variablesPlease show how to do b) and c). Quantity beef consumed is the dependent variable. Each of the others are the independent variables
