Suppose you want to estimate the effect that number of years of schooling have on a person's earnings. Let X be the number of years of schooling a person has received and Y be this person's monthly income. The model you want to test would be: Y₁ = Po + B₁X; +ui, where u; is the error term, which could include factors like the ability of the person, ranking of the schools the person attended, income levels of the person's parents, etc. Suppose you decide to use a computerized random number generator that uses no information about the subject to select the individuals to include in your sample. Which of the following statements are true? (Check all that apply.) A. If X and Y have kurtosis values of 5 and 7 respectively, large outliers in your data are unlikely. B. If X; and u; are uncorrelated, the conditional mean of u; given X; will be zero. | C. The conditional mean of u; given X; will be zero in this case. D. This sampling scheme produces i.i.d. observations on (X;, Y;). Suppose you decide to collect data for the same set of individuals over a period of 30 years to estimate the relationship between X and Y. Which of the following statements is true in this case? ○ A. The sampling scheme will no longer produce i.i.d. observations on (X;, Y;) as opposed to the previous case. O OB. The conditional mean of u; given X; will continue to be zero as in the previous case. C. The sampling scheme will continue to produce i.i.d. observations on (X;, Y;) as in the previous case. D. The conditional mean of u; given X; will no longer be zero as opposed to the previous case.

Q: (4) y=x +4 -5 -4 -3 6.

A: The given equation is: y=x+4

Q: 4. 3. 4, 8.

A:

Q: 4n – 1

A:

Q: LCM 3 and 5

A:

Q: 5/14+1/6

A: 514+16=15+742

Q: 9 – 4x > –3

A: The given inequality is 9-4x>-3

Q: 2 3 B={ A= 3 Find: A+B .B+A .A-

A:

Q: expand (a-b)7

A: The solution is given in the next step.

Q: 18 and 19

A: Question 18 : Consider the statement "If A∪C ⊂ B∪C, then  A ⊂ B " which of the following is a…

Q: 7,20

A:

Q: 9/12+3/24

A:

Q: 目 +8 LI +T 现 +04 +C4 |F|E|F|| ||||4 4 4 2 2

A:

Q: 2(3+d-1)

A: Solve the given expression  given expression is 2(3+d-1)

Q: (2) 4 2. 2. 2/3

A:

Q: 4 4 2 4) 3 4.

A: Topic- shifting and scaling of figure

Q: 3. 2-1 da

A: Use the product rule to determine the derivative for the given…

Q: 1 3 前Revie

A: ∠ABD=x°∠ACD=27°∠ABD and ∠ACD are in same segment.

Q: 9 tmes 8

A: 9 times 8 means adding 8 upto 9 times or multiply 8 by 9.

Q: 11 –/7

A:

Q: 24

A: Solution : find length of side

Q: 6. Using the data from the contingency table, obtain the value of the test statistic of our test. 7.…

A: Step 1: Given: x1 = number of colored oranges from Skittles brand = 77 x2 = number of colored…

Q: 14 and 16

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: (9, -7) (3, 1). Find 吕 ロ师仁 ?

A:

Q: Z4×Z6 has an element of order 24. true or false ?

A:

Q: いーx)dx

A:

Q: 39. 2

A: according to given figure given function is decreasing in it's domain

Q: What is the product of 3 and 3?

A: To find the product of given irrational numbers.

Q: 3(m – 5) + m

A: 3(m-5)+m=0 3m-15+m=0 add both side 15 we get 2m=15

Q: 12 16 5n

A: Area of triangle= (1/2) × Base × Height

Q: Expand 2(c+ 3).

A: Distributive property states that if x,y and z are three real numbers then x(y+z)=xy+xz.

Q: 6(-3w+1/3)

A: