Answer:
b. MLR.3 - No perfect collinearity assumption
Step-by-step explanation:
There is an assumption that nothing in the error term should correlate with the explanatory variable (x) of interest and outcome variable of (y). It does not allow any linear relation between two or more variables. If there is a relation between the variable it the the violation of this assumption.
7x + 15 = 38
7x = 38 - 15
7x = 23
x = 23/7 (twenty- three sevenths)
Part A would be $75+.$55m and part B would be $165 +$75=$240
Answer:
The conclusion is invalid.
The required diagram is shown below:
Step-by-step explanation:
Consider the provided statement.
People who use aluminum siding are satisfied Therefore, if you don't use our aluminum siding, you won't be satisfied.
From the above statement we can concluded that those use aluminum siding are definitely satisfied but it may be possible that some people don't use aluminum siding but they still satisfied.
Therefore, the conclusion is invalid.
The required diagram is shown below: