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:ooooEconomics is not a precise scienceIn real life you typically get to sample many timesIndividuals respond different to incentivesThe values of the explanatory variable and the error term differ across samples.

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Answered: The reason why estimators have a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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.