Question: Why is using a random effect term(s) appropriate for this data? How does your analysis change if you model it as a fixed effect? If

Why is using a random effect term(s) appropriate for this data? How does your analysis change if you model it as a fixed effect? If you remove the random effect

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Need help with this assignment.I've attached the excel workbook that should be used to record answers and the case scenario. The case discusses the dilemma of the CFO of PSUWC Energy LLC, an energy...

The case discusses the dilemma of the CFO of PSUWC Energy LLC, an energy generating firm, who needs to present his recommendation to the company Board regarding a proposed investment in a new...

Scenario: Tom Jones, the CFO for the firm PSUWC Energy, LLC, woke up with a start at 4:00 am on 04/27/2018, due to his phone ringing. It was his senior financial analyst, vacationing in Europe,...

Boreal mixedwood forests have been commercially logged for conifers, transected by roads and seismic cutlines, and regionally fragmented by agricultural practices. Most recently, Alberta's public...

1. Do larger universities have lower cost per student or a higher cost per student? A university is many things and here we only focus on the effect of undergrad- uate full-time student enrollment...

these are all the information 1. A researcher in a certain manufacturing's cell battery wishes to compare four different devices on the lifetime of a cell battery. He would like to know if he can...

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

I have to create a program in C and I can't figure it out. The program has to read a source file. Please help. /******************************************************************** PROJECT: Glossary...

SUMMARY this journal, the length of it should not be more than 2 pages, with 1.5 spacing size 12 Times New Rome. Available online at www.sciencedirect.com Journal of Empirical Finance 15 (2008) 199 -...

Download Toro's annual report from the activities folder and try questions 1-2. What is the balance-sheet based accrual ratio of Toro for the year of 2011? Note that total debts should include debts,...

Presented below are two independent transactions. Both transactions have commercial substance. 1. Sidney Co. exchanged old trucks (cost $64,000 less $22,000 accumulated depreciation) plus cash of...

A transverse wave on a string is described by y(x, t) = (1.2 cm) sin [(0.50p rad/s)t (1.00p rad/m)x] Find the maximum velocity and the maximum acceleration of a point on the string. Plot graphs for...

if installation is represented within the useful life of an asset, what does replacement represent?

The management of Richmond State Bank has asked you to examine the interest rate risk of the bank. Management is concerned that interest rates will increase by the end of the year and wants to see...