Math, asked by kyroin001, 5 hours ago

Describe a scenario that can be modeled by a fixed effect or First difference specification.

Answers

Answered by ΙΙïƚȥΑαɾყαɳΙΙ

Answer:

Fixed Effects

Use fixed-effects (FE) whenever you are only interested in analyzing the impact of variables that vary over time. FE explore the relationship between predictor and outcome variables within an entity (country, person, company, etc.).

Step-by-step explanation:

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