Welcome to your Econometrics Practice - 1
10. In Yi = E(Yi|Xi) + ui, the non-systematic random component is given by
4. Yi = B1(hat) + B2(hat)Xi + ui represents
6. Yi = B1(hat) + B2(hat)Xi + ui, B1(hat) & B2(hat) represents
7. In the simple linear regression model, the regression slope
4. An observation with a large residual is
8. A data point that is disproportionately distant from the bulk of the values of a regressor is
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?
2. One of the important criteria to check for while choosing between two competing models based on the discrimination approach is that
6. In sample regression function, the observed Yi can be expressed as Yi = Yi(hat) + B2(hat)Xi + ui(hat). This statement is
9. According to Akaike's Information Criterion (AIC), while comparing 2 or more models, the model is selected which has
