Return to the R&D example discussed in Section 11.7 (Exercise 11.10). Repeat the example using profits as

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Return to the R&D example discussed in Section 11.7 (Exercise 11.10). Repeat the example using profits as the regressor. A priori, would you expect your results to be different from those using sales as the regressor? Why or why not?

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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Question Posted: Apr 30, 2018 07:03 AM

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Return to the R&D example discussed in Section 11.7 (Exercise 11.10). Repeat the example using profits as

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There is no reason to believe that the results will be any different ...View the full answer

Basic Econometrics

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