Welcome to your Econometrics Practice - 1
6. Yi = B1(hat) + B2(hat)Xi + ui, B1(hat) & B2(hat) represents
9. According to Akaike's Information Criterion (AIC), while comparing 2 or more models, the model is selected which has
4. An observation with a large residual is
2. One of the important criteria to check for while choosing between two competing models based on the discrimination approach is that
8. A data point that is disproportionately distant from the bulk of the values of a regressor is
4. Yi = B1(hat) + B2(hat)Xi + ui represents
1. Regression analysis is concerned with the study of the dependence 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?
8. Which of the following statement with regard to R-square is False
8. Homoscedasticity refers to the error terms having
