Nonlinear least squares
A) solves the minimization of the sum of squared predictive mistakes through sophisticated mathematical routines, essentially by trial and error methods.
B) should always be used when you have nonlinear equations.
C) gives you the same results as maximum likelihood estimation.
D) is another name for sophisticated least squares.
Ans: A) solves the minimization of the sum of squared predictive mistakes through sophisticated mathematical routines, essentially by trial and error methods.
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A. 24
B. 40
C. 58
D. 80
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A) changes in both short-term and long-term interest rates with more of an effect on short-term interest rates. B) changes in both short-term and long-term interest rates with more of an effect on long-term interest rates. C) changes in both short-term and long-term interest rates with equal effect on both. D) no change in either short-term or long-term interest rates.
What type of consumer goods is more affected by the business cycle: durable goods or nondurable goods? Why?
What will be an ideal response?