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Substantial autocorrelation within data can be corrected for with myriad techniques,such as transformations and dummy variables.It should therefore not call into question the regression model itself.
Competition Tribunal
A specialized court or tribunal that adjudicates matters pertaining to competition law, including antitrust and monopoly issues.
Competition Act
Legislation designed to promote fair business practices and protect consumers by preventing monopolies and promoting competition.
Bid-rigging
A form of fraud in which competitors agree in advance who will win a bidding process, thus undermining the competition.
Misleading Advertising
Advertising that deceives or is likely to deceive the consumer, often leading to an incorrect understanding or decision.
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Q73: Quota samples are useful in preliminary stages