You have data on the average productivity of workers for firms across Australia. You also observe various firm-specific characteristics. Which of the following statements is true: Select one: O a. You should weigh for the square root of the number of workers per firm to address for heteroskedasticity. O b. You should control for the number of workers per firm to address for heteroskedasticity. O C. You should not include small firms in the sample because their measure of average productivity is very noisy O d. None of the statements is true

You have data on the average productivity of workers for firms across Australia. You also observe various firm-specific characteristics. Which of the following statements is true: Select one: O a. You should weigh for the square root of the number of workers per firm to address for heteroskedasticity. O b. You should control for the number of workers per firm to address for heteroskedasticity. O C. You should not include small firms in the sample because their measure of average productivity is very noisy O d. None of the statements is true

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter7: Production And Cost In The Firm

Section7.A: Appendix: A Closer Look At Production And Cost

Problem 1AQ

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