Based on the information given, it should be noted that we will have an omitted variable bias, therefore, it's true.
<h3>What is an omitted variable?</h3>
An omitted variable simply occurs when a statistical model that occurs when one or more relevant variable is left out.
It should be noted that we will have omitted variable bias if we leave out a RHS variable that affects the LHS variable, even in a situation where there is no correlation between the omitted RHS variable and the included RHS variables.
For omitted variable bias to occur, it should be noted that the omitted variable will be correlated with the included regressor.
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Answer:
Sets, in mathematics, are an organized collection of objects and can be represented in set-builder form or roster form. Usually, sets are represented in curly braces {},
For example, A = {1,2,3,4} is a set.
Answer:
1 and 5
Step-by-step explanation:
The x - intercept of 5x - 3y = 15 is (3, 0)
The y -intercept of 5x - 3y = 15 is (0, -5)
<h3><u>Solution:</u></h3>
Given equation is 5x - 3y = 15
<em><u>To find: x - intercept and y -intercept</u></em>
The x intercept is the point where the line crosses the x axis. At this point y = 0
The y intercept is the point where the line crosses the y axis. At this point x = 0.
<em><u>Finding x - intercept:</u></em>
To find the x intercept using the equation of the line, plug in 0 for the y variable and solve for x
So put y = 0 in given equation
5x - 3(0) = 15
5x = 15
x = 3
So the x - intercept is (3, 0)
<em><u>Finding y - intercept:</u></em>
To find the y intercept using the equation of the line, plug in 0 for the x variable and solve for y
So put x = 0 in given equation
5(0) - 3y = 15
-3y = 15
y = -5
So the y - intercept is (0, -5)
Answer:I = ?, P = $500, r = 6%, t = 3 years
Step-by-step explanation:
