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Question: Regress y = (2, 1, 0) on X = (0, 1, 2) without a constant term, and calculate the residuals. Refit the model with a constant term, and calculate the residuals. Compare the residual sum of squares from this model with that form the model with constant terms include. What do you conclude about the model fitted without a constant terms?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92332255

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