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Draw a sketch to show how the graph of f f and its tangent line behave around the point where x= 0 x = 0 and the value of x x where the value in part (b) is obtained. Use linear approximation to ...
Use the tangent line approximation to estimate the value of \ (y\) when \ (x=3.95\text {.}\) Is the true value of \ (y\) greater or less than the approximation in part (b)?
The quality of the approximation to the true AIDS depends on the parameters and the collinearity among the exogenous price variables. In the literature four alternative formulas have been used to ...
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