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Econ2206 Assignment1
ECON2206 - Introductory Econometrics
1 Found helpful • 5 Pages • Essays / Projects • Year: Pre-2021
This document is about Econ2206 Assignment 1 . It provides the answer under each question.It also include stata and do file to help to run the stata program. 1. The regression equation (2) can be is written as log (TCi) = β1 +β2log(Qi) +β3log(pi1) +β4log(pi2) +β5log(pi3) + ui .It follows the MRL1 (Linear in Parameter) assumption which yi =β0 +β1x1 +β2x2 + … +βkxk + ui. A cross-section data set on 145 firms in 44 states which can be assuming it is a random sample. As a result, MRL2 (Random Sampling) can be satisfied.
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