Explain why we use t as an explanatory variable in a linear time trend model when it
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Explain why we use t as an explanatory variable in a linear time trend model when it is not time that causes the dependent variable to change.
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In a linear time trend model the variable t is often used as an explanatory variable even though tim...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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