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Questions for Case Study: 1. Why was Irving not satisfied with Smiths initial analysis using log linear regression? How did Smith address the weakness in

Questions for Case Study:
1. Why was Irving not satisfied with Smiths initial analysis using log linear regression? How did Smith
address the weakness in her initial analysis?
2. What insights would you provide to Irving, based on smiths revised analysis using quantiles
regression?
3. What investment strategy would you recommend to Irving?

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