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Q: Regression
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A: *answer:
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A: Note: when we have the mean or expected value then we don't have the error terms.
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A: To determine whether to keep insignificant variables in the regression or not.
Q: Explain the OLS Estimator in Multiple Regression in detail?
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A: Ans in step 2
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- Engineering Economics 0006 Please show step by step solutionNote: Answer should be in typed words... I have posted this question again because someone here before gave the wrong and unreadable answer. So, I request that person to don't give the answer now. I am putting his answer here which is wrong.5. In an FEA simulation, you did a mesh independence study. The results were compared with an experimental test and errors were plotted in Figure 7. a) Is the mesh with 8000 elements fine enough, and why? b) Is there another error source in the simulation and what type of errors could it be? Page 3 of 6 ENGG20071 Industrial Design & Product Case Studies Errors 60% 50% 40% 30% 20% 10% 0% 500 1000 2000 4000 8000 Figure 7 Errors plot against number of elements
- i need help with this question 6 from my microeconmics assigments. i have already gotten it wrong twice.Kindly answer using your words/expertise, including graphs, i will complain if you have used chatgpt as most of the experts are doing.Please provid the breakdown of coordinates for the graph and other answers with explanation: Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- I’m unsure what the formula in this example problem is asking for, in terms of how to answer a-c. Im also not positive I understand how to graph I-C and P-C curves is there a formula to follow?please solve 1-2-3-4Jenny Company produces two types of pants: long pants and short pants. The cost of making a pair of short pants and a pair of long pants are RM 75 and RM 95 respectively. In one week, the company must produce at least 150 pants of each type. The minimum weekly production is 500 pants. The short pants are sold for RM 120 each and the long pants for RM 150 each. Using the graphical method, find: a. The number of short pants and long pants to be made in a week in order to minimise the total production cost. b. The profit made at the minimum weekly production cost.