Welcome to your Econometrics Practice - 1
9. Reliability of a point estimation is measured by its
4. Yi = B1(hat) + B2(hat)Xi + ui represents
5. Recursive least square is used to
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
4. An observation with a large residual is
3. Data collected for a variable over a period of time is called
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?
5. Data on GDP, Unemployment are example of
10. Under the test-of-significance approach (t-test), a statistic is said to be statistically insignificant if the value of the test statistic lies in the critical region. The statement is
