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:
$24.875
Step-by-step explanation:
If we use an equation to solve the total amount, like y=9.95x where x is the gallons purchased. We then multiply 9.95 by 2.5 to get 24.875
Answer:
0.2kg
Step-by-step explanation:
5/25 = 0.2 which is the rate of kg per year
This is 1:25 (C)
Explanation:
Answer:
A- 12 percent
Step-by-step explanation:
You can see on the graph that the charged percentage of capacity changes from 40 to 50 in 5 minutes. Then the increase in 6 minutes will be slightly more than 10 percent.
The linear rate is (10%)/(5 min) = 2%/min, so in 6 minutes it will be
(2%/min)×(6 min) = 12%
This calculation is consistent with our observation from the graph.
Every 6 minutes, 12 percent is added to the capacity.
