-Consider Table 4.1,which compares the model
To actual statistical data on per capita GDP.You observe:
A)the model consistently underestimates the level of per capita GDP.
B)the model consistently overestimates the level of per capita GDP.
C)the model does a really good job of estimating the level of per capita GDP.
D)the model clearly contains all factors that affect per capita GDP.
E)none of the above

Question

-Consider Table 4.1,which compares the model 
To actual statistical data on per capita GDP.You observe:
A)the model consistently underestimates the level of per capita GDP. 
B)the model consistently overestimates the level of per capita GDP. 
C)the model does a really good job of estimating the level of per capita GDP. 
D)the model clearly contains all factors that affect per capita GDP. 
E)none of the above

Quizplus · Accepted Answer

The Answer of 
-Consider Table 4.1,which compares the model 
To actual statistical data on per capita GDP.You observe:
A)the model consistently underestimates the level of per capita GDP. 
B)the model consistently overestimates the level of per capita GDP. 
C)the model does a really good job of estimating the level of per capita GDP. 
D)the model clearly contains all factors that affect per capita GDP. 
E)none of the above

-Consider Table 4.1,which Compares the Model