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To Compute a Mean Square,we Divide the Sum of Squares

question 63

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To compute a mean square,we divide the sum of squares by the degrees of freedom for a given source of variation.

Recognize the significance of assumptions in constructing economic models.
Differentiate between microeconomics and macroeconomics.
Comprehend the role of predictions in economic theories and models.
Distinguish between positive and normative economic statements.

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