Among the following, which is an assumption of OLS
A) the explanatory variables are measurable
B) the relationship being estimated is identified
C) error term and independent variables are related
D) error term and independent variables are linearly related
Correct Answer:
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Q18: In perfect linear model, we assume that
Q19: In econometric models, t+1 indicates:
A)net addition
B)current value
Q20: Quota sample is………………….sample.
A)probability sample
B)non probability sample
C)convenient sample
D)judgment
Q21: When a north Indian town data and
Q22: In an econometric model, Y =
Q23: Error term indicates
A)fluctuations in the given data
B)variations
C)random
Q25: Linearity means
A)the ols estimates are linear function
Q26: The power of a statistical test
Q27: Student t test is preferred in the
Q28: Cobb Douglas production function is an example
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