Given a linear regression model, GDP= β0 + β1 Inflation+ U: All of the following stands for U EXCEPT
—>> An intercept
the error term
the random disturbance term
the stochastic term
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Given a linear regression model, GDP= β0 + β1 Inflation+ U: All of the following stands for U EXCEPT
—>> An intercept
the error term
the random disturbance term
the stochastic term