The assumption that the error terms in a regression model follow the normal distribution with zero mean and constant variance is required Select one: Estimation of the regression model using OLS method Point estimation of the parameters Hypothesis testing and inference Inference
The assumption that the error terms in a regression model follow the normal distribution with zero mean and constant variance is required Select one: Estimation of the regression model using OLS method Point estimation of the parameters Hypothesis testing and inference Inference
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4A: Problems In Applying The Linear Regression Model
Section: Chapter Questions
Problem 2E
Related questions
Question
- The assumption that the error terms in a regression model follow the
normal distribution with zero mean and constant variance is required
Select one:
- Estimation of the regression model using OLS method
- Point estimation of the parameters
- Hypothesis testing and inference
- Inference
- One of the assumption of CLRM is that the number of observations in the sample must me greater the number of
Select one:
- Dependent and independent variable
- Dependent Variable
- Regressor
- Regressands
Information about numerical values of variables from period to period is
Select one:
- Time series data
- Pooled data
- Panel data
- Cross section data
Multicollinearity is essentially a
Select one:
- Sample phenomenon or population phenomenon
- sample phenomenon
- Sample phenomenon and population phenomenon
- Population phenomenon
The larger the standard error of the estimator, the greater is the uncertainty of estimating the true value of the unknown parameters. This statement is
Select one:
True
False
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning