Welcome to your Econometrics Practice - 1
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?
10. In Yi = E(Yi|Xi) + ui, the non-systematic random component is given by
2. Variables such as gender, marital status, the colour of the eye are examples of
3. Which of the following measure is not suitable for out of sample forecasting?
6. In sample regression function, the observed Yi can be expressed as Yi = Yi(hat) + B2(hat)Xi + ui(hat). This statement is
8. A data point that is disproportionately distant from the bulk of the values of a regressor is
9. If errors are not normally distributed then the OLS estimators are
8. Which of the following statement with regard to R-square is False
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
3. Data collected for a variable over a period of time is called
