Question: Instructions: In this assignment, we will create a simulated dataset to explore: A ) how sample size influences coefficient precision, B ) how collinearity influences
Instructions:
In this assignment, we will create a simulated dataset to explore: A how sample size influences coefficient precision, B how collinearity influences point estimates, and C how variable functional form influences model fit.
Create a simulated dataset with the following characteristics:
randomuniform
randomuniform
randomnormalmean:
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