Welcome to your Econometrics Practice - 1
4. Population census data is an example of
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
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. A data point that is disproportionately distant from the bulk of the values of a regressor is
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
9. According to Akaike's Information Criterion (AIC), while comparing 2 or more models, the model is selected which has
9. Reliability of a point estimation is measured by its
2. One of the important criteria to check for while choosing between two competing models based on the discrimination approach is that
6. Variables such as grades in maths, results of the race are examples of
