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Some banks are lockers(I) + Some lockers are stores(I) ⇒ No conclusion. Hence, conclusion I and II will not follow but they will form a complementary pair. I + I = No conclusion. Hence, conclusion III will not follow. Alternate Method: Relevant Possible cases:
The __________________test in econometrics begins by assuming that a defining point exists and can be used to differentiate the variance of the error term.
GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumption...
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
When the value of d=2, in case of Durbin-Watson Test, what should be done with the null hypothesis?
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
Which of the statement is TRUE considering the Central problems of an economy?
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correl...
Which of the following is NOT a correct statement in the context of National income?
Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand?
(1) Cars and Petrol
(2) Tea ...