Fixing the issue in assumption of OLS step by step or one by one
Recent newsHi, I want to raise the issue related to know whether your OLS is ok or not.
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I am a big fan of academic work. I remember one of the scenes from the 2002 Odysses when the old prehistoric ancestors received a monolith and could satisfy one of their first needs: security.
I believe the monolith is the education. And in four billion years, Andromeda galaxy will most likely hit us. So, I think the only way to survive as a group of human homo sapiens is by moving to other planets and galaxies.
This education then brings me to join the academic startup Brainly. It has been almost ten years since I worked here, from developing the Brainly.co.id from only ten users daily to a couple of million daily. This new site now has a new home page. I will compare, for example, from https://brainly.co.id to Brainly.com.
The layout of Brainly.co.id
Brainly.com now also comes and adapts very fast with AI technology. Things that I believe, are very positive. And the development of AI is something that, in the future, I think will save us from the coalition from Andromeda galaxy. Well, we still have time. It's 4 billion years ahead.
Hi, my name is Dimas; I am a data enthusiast. I am writing several chapters related to Big Data, the macroprudential policy effect on the economy, and some economic and IT research. If you are interested in collaborating, please write your email to [email protected]
Thanks for stopping by. All the information here is curated from the most inspirational article on the site.
Also, check out my newest project related to Preset for researcher
Hi, I want to raise the issue related to know whether your OLS is ok or not.
read moreThe **45-degree line** in economics and geometry refers to a line where the values on the x-axis and y-axis are equal at every point. It typically has a slope of 1, meaning that for every unit increase along the horizontal axis (x), there is an equal unit increase along the vertical axis (y). Here are a couple of contexts where the 45-degree line is significant:
read moreThe **hyperinflation in Hungary** in the aftermath of World War II (1945–1946) is considered the worst case of hyperinflation in recorded history. The reasons behind this extreme economic event are numerous, involving a combination of war-related devastation, political instability, massive fiscal imbalances, and mismanagement of monetary policy. Here's an in-depth look at the primary causes:
read more**Neutrality of money** is a concept in economics that suggests changes in the **money supply** only affect **nominal variables** (like prices, wages, and exchange rates) and have **no effect on real variables** (like real GDP, employment, or real consumption) in the **long run**.
read moreDeflation in Japan, which has persisted over several decades since the early 1990s, is a complex economic phenomenon. It has been influenced by a combination of structural, demographic, monetary, and fiscal factors. Here are the key reasons why deflation occurred and persisted in Japan:
read moreHedging against inflation involves taking financial or investment actions designed to protect the purchasing power of money in the face of rising prices. Inflation erodes the value of currency over time, so investors seek assets or strategies that tend to increase in value or generate returns that outpace inflation. Below are several ways to hedge against inflation:
read moreThe **Phillips Curve** illustrates the relationship between inflation and unemployment, and how this relationship differs in the **short run** and the **long run**. Over time, economists have modified the original Phillips Curve framework to reflect more nuanced understandings of inflation and unemployment dynamics.
read moreDealing with inflation requires a combination of **fiscal and monetary policy** tools. Policymakers adjust these tools depending on the nature of inflation—whether it's **demand-pull** (inflation caused by excessive demand in the economy) or **cost-push** (inflation caused by rising production costs). Below are key approaches to controlling inflation through fiscal and monetary policy.
read moreCollaboratively administrate empowered markets via plug-and-play networks. Dynamically procrastinate B2C users after installed base benefits. Dramatically visualize customer directed convergence without
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