It would be 6:42 pm I believe.
The answer is going to be 87.5%
Answer:
b. MLR.3 - No perfect collinearity assumption
Step-by-step explanation:
There is an assumption that nothing in the error term should correlate with the explanatory variable (x) of interest and outcome variable of (y). It does not allow any linear relation between two or more variables. If there is a relation between the variable it the the violation of this assumption.
Answer:
The total amount Alex spent is $ 9
Step-by-step explanation:
The given parameters are;
The amount Alex spends on food = 2/3 of his paycheck
The amount Alex spends on coffee = $3
Therefore, we have;
Fraction of the paycheck spent on coffee = 1 - 2/3 = 1/3 of p
The amount Alex spends on coffee = 1/3 of his paycheck
Therefore, we have;
1/3 × p = $3
p = 3 × $3 = $9
The total amount Alex spent = $ 9
The amount Alex spends on food = 2/3 × $9 = $6.