Answer:
Based on expert opinion the regression does not suffer from omitted variable bias
Step-by-step explanation:
<em>Based on expert opinion the regression does not suffer from omitted variable bias </em>because its indicators taking values of 1 and 0 where 1 would represent taking action by the legal system and 0 would represent not taking action by the legal system. as
The researcher plans to regress national income per capita based on the effect of the legal system
applying the formula for addressing omitted variable bias ( attached below )
ANSWER:
INFERENTIAL STATISTICS
STEP-STEP-BY EXPLANATION:
Inferential statistics are mathematical tools for estimating how likely it is that a statistical result based on data from a random sample is representative of the population from which the sample is assumed to have been selected.
It can make inferences from data to more general conditions like
* estimate the degree of confidence that can be placed in generalizations from a sample to the population from which the sample was drawn. (generalize your sample to a larger population)
I’m not exactly sure but maybe f(0) = 4 and g(–2) = 4
Answer:
3000
Step-by-step explanation:
a decrease in the ratio 5:3 implies that:
new quantity :old quantity :5:3
let new quantity be x.
x:1800=5:3
x/1800=5/3
3x=9000
x=9000/3
x=3000
