It is not encouraged to rely on estimates of the intercept when a person is making analysis because intercept is the mean of variable Y when all predictors have become zero.
<h3>What is economic analysis?</h3>
This is the term that is used to refer to the analysis that is done with the given data that has been established in a statistical test. The economic analysis helps to make the predictions that would be used to bring about new policies in government.
Economic analysis is not done with the the intercept because it would require all the other predictor variables to have zero value hence their impact cannot be seen.
Read more on economic analysis here: brainly.com/question/14300080
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Answer:
Her regular gross pay is $360
Explanation:
Regular gross pay is that pay which the person earn on daily basis or it is a fixed amount which he gets after completing a month.
In the question, we have to find out the regular gross pay which includes the daily earning of a person
So, her regular gross pay is equal to
= number of hours × rate per hour
= 40 × $9
= $360
We don't include overtime wages as it is not included in regular gross pay. So, it is ignored.
Hence, her regular gross pay is $360
The right answer for the question that is being asked and shown above is that: "<span> 4.independent costs." </span>The trasportation costs involved in getting a product to a cosumer after the product has been made are <span> 4.independent costs</span>
Answer:
C. Yes. If repair rates are higher for planes that have been resold, this would be an indication of a lemons problem
Explanation:
Lemons problem is an issue of quality of product, asset, investment : due to asymetric information about the respective quality.
Asymetric Information is when one one party in transaction has more knowledge about the quality of product or asset, than the other party.
Second hand goods are an illustration of this case, as seller has more information about the real quality of good or asset than buyer.
Lemon's problem in single engines airplanes : can be analysed by concept of second hand goods 'asymetric information, lemons problem' it. If the 2nd hand resold planes require higher repairs, it indicates that the buyer had asymetric information about bad quality of planes ( the information which seller had), but realisation of bad quality later implies higher repairs.
The correct answer is invest.
When someone make an investment in something, it is done because they believe that the value will increase and they will make a profit in the future.
Some examples that people may invest in are property, sports memorabilia or antique cars.
