
Introduction to Econometrics 3rd Edition by James Stock, James Stock
Edition 3ISBN: 978-9352863501
Introduction to Econometrics 3rd Edition by James Stock, James Stock
Edition 3ISBN: 978-9352863501 Exercise 11
Consider the linear regression of TestScore on Income shown in Figure 8.2 and the nonlinear regression in Equation (8.18). Would either of these regressions provide a reliable estimate of the effect of income on test scores Would either of these regressions provide a reliable method for forecasting test scores Explain.



Explanation
This linear equation for test scores on ...
Introduction to Econometrics 3rd Edition by James Stock, James Stock
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