An example of a statistical model is the
A) WHARTON model.
B) Bayesian vector autoregression model.
C) DRI (Data Resources Incorporated) model.
D) Keynesian model.
E) Milton Friedman model.

Question

Quizplus · Accepted Answer

The Bayesian vector autoregression model is a specific example of a statistical model that is commonly used in economics and other fields. The other options are either not specific enough or are not actually statistical models.

An Example of a Statistical Model Is the