Answer:
Consider the following analysis.
Explanation:
The above regression is a normal probability plot to check the assumption that the errors have a normal distribution.
In normal probability plots, deviations from a straight line suggest departures from normality.
By looking at the plot, we can say that the assumption of Normality is not appropriate with the data.
Ehhhgh Money I believe m8 could be wrong
Answer:
Personal Values is the correct answer.
Explanation:
Answer:
$3,200
Explanation:
With 200 jars of salsa and 400 bags of tortilla chips sold in year 2,
Nominal GDP in year 2, is the value of total sales using year 2 prices
Therefore, Nominal GDP = (200 * 5) + (400 * 5)
= 1,000 + 2,000
= $3,000.
Real GDP in year 2 is the value of total sales using the prices of the base year (year 1, in this case)
Therefore, real GDP = (200 * 4) + (400 * 6)
= 800 + 2,400
= $3,200.
