Welcome to your Econometrics Practice - 1
5. Recursive least square is used to
6. Variables such as grades in maths, results of the race are examples of
4. Yi = B1(hat) + B2(hat)Xi + ui represents
2. In Yi = B1 + B2Xi + ui, ui
6. Yi = B1(hat) + B2(hat)Xi + ui, B1(hat) & B2(hat) represents
8. Homoscedasticity refers to the error terms having
2. Variables such as gender, marital status, the colour of the eye are examples of
8. A data point that is disproportionately distant from the bulk of the values of a regressor is
5. Data on GDP, Unemployment are example of
1. The regression model includes a random error or disturbance term for a variety of reasons. Which of the following is not one of them?