Welcome to your Econometrics Practice - 1
8. A data point that is disproportionately distant from the bulk of the values of a regressor is
1. In Yi = E(Yi|Xi) + ui, the deterministic component is given by
4. Population census data is an example of
7. Under the discerning approach, the choice of the reference hypothesis could determine the outcome of the choice model. This is more so if te competing regressors are
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
7. In the simple linear regression model, the regression slope
9. Reliability of a point estimation is measured by its
7. Given Model 1: Yi = B1+B2*Z2i+ui and Model 2 : Yi = B1+B2* X2i+B3* X3i+ui, which of the following statement is true
1. Regression analysis is concerned with the study of the dependence of
