One is curious about the relationship between wage and experience. Suppose that wage increases with experience, but at a decreasing rate. If you estimate the following regression using OLS: wage = Bo + Bjexperience + u, the estimator for B, is O a) biased and inconsistent O b) unbiased and consistent O c) biased and consistent O d) unbiased and inconsistent Question 22 You are interested in the relationship between crime rate and police expenditure at a state level. Suppose that states tend to increase budgets for police expenditure in response to high crime rates. If you run the following regression using OLS: crime = Bo + Biexpenditure + u, you are faced with which of the following threats to internal validity? O There is no threat to internal validity in this case. O Simultaneous causality O Sample selection bias Misspecification of the functional form

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A: We can solve given problem by using G.P series.

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A: Sum of n odd numbers, where the last term of the series is (2n – 1), is, Sn = 1 + 3 + 5 + …. + (2n –…

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Q: Poove BLO => YQ< B.

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Q: 1+7/7 + 8

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Q: sing the geometry of the graph ,evalvate the definite integrals.

A: As this is a multiple subpart question according to the Bartleby Answering rule, only first three…

Q: The average monthly income of public school teachers is Php25,000 with standard deviation of Php800.…

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A: Consider the equation ∑n=273k+1=A We have to find the value of A Expand the summation of left hand…

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A: The given expression is 3/8 + 5/24.Simplify the given expression as follows.

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Q: 81 (1) 420

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Q: Evaluate (33)2

A: Given: 332Power rule amn=am×nSolution:332=33×2=36(33)2=729

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Q: 10. Find the sum of the coefficients of (2x– 3)°. c. -6560 d. -5120 а. -5660 b. -6780

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Q: 4. Fill in the following contingency table with the number of observations that fall into each com-…

A: x1 = number of colored oranges from Skittles brand = 77 x2 = number of colored oranges from M &amp;…

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A: We know that If a perpendicular is drawn from the vertex of right angle triangle of a right triangle…

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