d. Suppose that the 40 one-acre plots were all contiguous on a given 40-acre plot of land.
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d. Suppose that the 40 one-acre plots were all contiguous on a given 40-acre plot of land. Might there be 357 reasons for questioning the assumption that the V;'s are iid? What would the outcome of Vi represent in GenAg's representation of the yield process? Presuming that the V;'s were not iid, would this change your answer to (a)?
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Mathematical Statistics For Economics And Business
ISBN: 9780387945873
1st Edition
Authors: Ron C. Mittelhammer
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