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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 7
Consider the linear regression of TestScore on Income shown in Figure 8.2 and the nonlinear regression in Equation (8.18). Would either of these regressions provide a reliable estimate of the effect of income on test scores Would either of these regressions provide a reliable method for forecasting test scores Explain.
Explanation
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This linear equation for test scores on ...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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