In general, the constant that produces the smallest sum of squared deviations is always the sample average.

Answer the following statement true (T) or false (F)

True

Rationale: FEEDBACK: In general, the constant that produces the smallest sum of squared deviations is always the sample average.?

Economics

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An increase in the incomes of baseball fans in New York leads to a rightward movement along the demand curve but does not shift the demand curve for Yankees tickets

Indicate whether the statement is true or false

Economics

In the RBC model, an adverse supply shock causes the decrease in natural real GDP to be minimized when the labor supply curve is

A) downward sloping and extremely flat. B) upward-sloping and extremely flat. C) upward-sloping and extremely steep. D) vertical.

Economics