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State the Gauss-Markov Theorem.
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- With the help of a diagram explain the main principles of the first-order Markov Model.In your answer explain any notation that you use. Explain what is meant by the term‘’first-order”.Define conversation analysis (CA)Sarah is considering two investment proposals. Proposal A is to purchase a new computer. Proposal B is to purchase a new printer. She will not buy the printer unless she buys the computer. The relationship between Proposals A and B is best described by which of the following? a. B and A are mutually exclusive b. B is contingent on A c. A is contingent on B d. Not enough information is given to determine a relationship
- Suppose you are analyzing the relationship between a firm's advertising budget and its sales volume. Which statement is correct? Group of answer choices Advertising budget is the independent variable. You predict the advertising budget with sales volume. In a scatterplot, sales volume should be on the x-axis and advertising budget should be on the y-axis. Sales volume is the independent variable. thanksExlplain Linear Conditionally Unbiased Estimators and the Gauss–Markov Theorem with its limitations?Determine the Nash equilibria
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