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Question 17 of stats says it is about proportionality, but then says we should use a t-stat even though t-stats are only for means.
Is that a possible complaint?
You just need to look at the determinant criterion, which says that you have a maximum whenever the determinant is bigger than zero. This is only the case at point x2,y2. Thus these points solve the maximisation problem. It's b
You just have to check the different F-Tables. They give you a F-Table for 1%, 5% and 10%. For these percentages, you check the df in the numerator (2) and in the denominator (34). After checking the 3 tables you'll realise that your p-value has to be larger than the 10%
Anonymous Gas Pump
1 year ago
Can someone explain me how to know how many stationary points a Lagrangian function has?
Hi Henry, you can use the substitution method when one variable can be expressed in term of the other. So that mean when the constraint can be simplified
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it usually is at the 1%, 5% or 10%. That means if your p-value is less than .01, .05 or .10, respectively, you reject Ho. However, if the question does not specify what the significance level is, you usually take 5% by default, this because, according to the empirical rule. for a normal distribution, we expect 95% of data being within 2 Standard Deviation from the mean.
+1
Anonymous Spade
1 year ago
Someone the answers of Math exercises Week 5 (Fiscal) Economics?
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