In a regression equation, one may measure the accuracy of the estimation by:
a. calculating the standard deviation of the errors of prediction
b. calculating the standard error of the estimate
c. estimating the standard deviation of the errors of prediction
d. all of the above
e. a and b only
e
Economics
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Refer to the scenario above. Which of the following is likely to happen if the service center has a reputation of trustworthiness?
A) You will trust the mechanic and he will cooperate. B) You will trust the mechanic but he will defect. C) Neither of you will gain from trade. D) Only the mechanic will gain.
Economics
Refer to the table above. What is the marginal opportunity cost of transporting products to the market if the firm decides to choose factory Far over factory Very Far?
A) -$50 B) -$100 C) $50 D) $150
Economics