The reason why estimators have a sampling distribution is that: |0|0|0| Economics is not a precise science O In real life you typically get to sample many times Individuals respond different to incentives O The values of the explanatory variable and the error term differ across samples.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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If you run a simple regression of growth on trade share, the R-squared suggests that:
None of the above.
Trade share explains 12% of the variation in growth across countries.
Trade share explains 88% of the variation in growth across countries.
Trade share explains 1.79% of the variation in growth across countries.
Transcribed Image Text:If you run a simple regression of growth on trade share, the R-squared suggests that: None of the above. Trade share explains 12% of the variation in growth across countries. Trade share explains 88% of the variation in growth across countries. Trade share explains 1.79% of the variation in growth across countries.
The reason why estimators have a sampling distribution is that:
oooo
Economics is not a precise science
In real life you typically get to sample many times
Individuals respond different to incentives
The values of the explanatory variable and the error term differ across samples.
Transcribed Image Text:The reason why estimators have a sampling distribution is that: oooo Economics is not a precise science In real life you typically get to sample many times Individuals respond different to incentives The values of the explanatory variable and the error term differ across samples.
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