What is data mining? Explain why hypothesis tests, such as a test of significance, are invalid when data have been mined. Defend data mining as an econometric technique.
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Q1: What is a Monte Carlo study? In
Q2: If a regression is in the incorrect
Q3: Explain how this:
Q5: Explain why calculating VIFs is a more
Q6: Prove that the following equation is undefined
Q7: Assumption 1 of the CLRM (Classical
Q8: Assumption 1 of the CLRM is
Q9: Assumption 2 of the CLRM is
Q10: Assumption 2 of the CLRM is
Q11: Assumption 2 of the CLRM is
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