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Q 7 Question 7 Why might using this regression for a price of 90 be doubted or criticized?
Q 7Question 7
Why might using this regression for a price of 90 be doubted or criticized?
Select one:
a. Extrapolation from existing prices is somewhat suspect.
b. $90 is outside of the known range of prices.
c. The error is likely to be larger than the standard error of estimate.
d. All of the above are true.
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