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sasho [114]
3 years ago
9

What is the role of the stochastic error term ui in regression analysis?​

Social Studies
1 answer:
loris [4]3 years ago
4 0

Answer: See explanation

Explanation:

Stochastic error term simply means the error margin that can be found in a particular statistical model. They're the deviations that we've with regards to the regression lines which then makes up for the difference or the deviation between the model's theoretical value and its actual results.

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Following is a list of various costs incurred in producing replacement automobile parts. With respect to the production and sale
Marat540 [252]

Answer:

Oil used in manufacturing equipment 

Variable 

Plastic 

Variable 

Property taxes, $165,000 per year on factory building and equipment 

Fixed 

Salary of plant manager 

Fixed 

Cost of labor for hourly workers 

Variable 

Packaging 

Variable 

Factory cleaning costs, $6,000 per month 

Fixed 

Metal 

Variable 

Rent on warehouse, $10,000 per month plus $25 per square foot of storage used 

Mixed 

Property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 

Mixed 

Straight-line depreciation on the production equipment 

Fixed 

Hourly wages of machine operators 

Variable 

Electricity costs, $0.20 per kilowatt-hour 

Variable 

Computer chip (purchased from a vendor) 

Variable 

Pension cost, $1.00 per employee hour on the job 

Variable

Explanation:

Variable costs are cost that proportionately change with the changes in the activity base unit of production.

Fixed cost: cost that remain constant in total dollar amount irrespective to the change in the activity base unit of production.

Mixed cost: cost that possess characteristics of both fixed and variable costs.

7 0
3 years ago
What is the difference between an autocracy and an oligarchy
eduard

Answer:

Autocracy and Oligarchy

Explanation:

The autocracy form of government is characterized by the presence of a single leader or individual who rules the people. it is also refereed in some cases where a military dictator rules the country an individual running the country

where as OLIGARCHY refers to control of small groups or organization over the government policies and procedures that how it should be conducted and controlled

5 0
2 years ago
What are municipal bonds? Describe two different types of municipal bonds.
lubasha [3.4K]
<span>There are two common types: General Obligation Bonds and Revenue Bonds.

GOB: Issued by cities, states or countries and are not primarily secured by assets. The issuer can tax all who apply (citizens, residents, etc) for the bondholders.

RB: Are NOT backed by the government and come from a specific source such as the toll paid for driving on a toll road.</span>
8 0
3 years ago
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Which of the following economic plans have bolstered New Zealand's economy in the past several years?
Bumek [7]
<span>encouraging more foreign investors
emphasis on tourism and film industry
exploiting large natural gas reserves</span>
4 0
3 years ago
Read 2 more answers
Which of the following climate types is located between lines A and B on the map above?
lesya [120]
D Because it’s closer to the equator
6 0
3 years ago
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