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Under the least squares assumptions (zero conditional mean for the error term,Xi and Yi being i.i.d. ,and Xi and ui having finite fourth moments) ,the OLS estimator for the slope and intercept
Substitutes
Goods or services that can replace each other in usage, where an increase in price of one leads to an increase in demand for the other.
Price Elasticity
An appraisal of how demand levels are impacted by price changes of a good.
Movie Streaming
The practice of watching movies over the internet without downloading them, typically through subscription services or on-demand platforms.
Movie Theater
An entertainment venue designed for the exhibition of films, where audiences can watch movies on a large screen.
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