A reliable academic resource for high school and college students.
Essay database with free papers will provide you with original and creative ideas.
Essay database with free papers will provide you with original and creative ideas.
Introductory econometrics.
Date Submitted: 05/16/2004 08:46:29
Length: 5 pages (1286 words)
Views: 69208
…
Is this essay helpful? Join now to read this particular paper
and access over 480,000 just like it!
…the coefficient also means the elasticity. In the other words, the elasticity of relative price is 1.088, it is greater than 1, it is elastic; the elasticity of real income is -0.202 less than 1, it is inelastic. The sample size is 13, it is not very big, and will affect the accuracy of the estimation. The more data will improve the accuracy. In addition, a large spread of values of explanatory variable improves accuracy of estimation. Regression Regression
Need a unique paper?
