If the data are missing at random, then the missing data do not cause any statistical problems.?
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: If the data are missing at random, then the missing data do not cause any statistical problems. The MCAR assumption implies that the reason the data are missing is independent of both the observed and unobserved factors affectingy.
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Barriers to entry are
a. not too difficult to overcome in a monopoly market structure b. very high in a perfectly competitive market structure c. nonexistent in an oligopoly market structure d. not too difficult to overcome in a monopolistically competitive industry structure e. nonexistent in a monopoly market structure
Compensating wage differentials explain some income differences.
Answer the following statement true (T) or false (F)
(Consider This) Voter failure describes the situation where:
A. an insufficient number of voters turn out to express their preferences. B. voter preferences cannot be adequately captured because of a voting paradox. C. voters support policies that would reduce productive and allocative efficiency. D. government officials make poor decisions that contradict voter preferences.
The budget line does not depend on
A) The prices of the goods in question. B) The preferences for the respective goods. C) Income. D) None of the above.