Chap 6

Chap 6

University

20 Qs

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Chap 6

Chap 6

Assessment

Quiz

Specialty

University

Practice Problem

Easy

Created by

Nhu Luong

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the standard error of the regression

the standard error of the regression
the sum of squared residuals of the regression
the goodness-of-fit of the regression
confidence intervals of the regression

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Changing the unit of measurement of any independent variable, where log of the dependent variable appears in the regression

affects only the intercept coefficient
affects only the slope coefficient
affects both the slope and intercept coefficients.
affects neither the slope nor the intercept coefficient

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A variable is standardized in the sample

by multiplying by its mean
by subtracting off its mean and multiplying by its standard deviation
by subtracting off its mean and dividing by its standard deviation
by multiplying by its standard deviation

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Standardized coefficients are also referred to as

beta coefficients
y coefficients
alpha coefficients
j coefficients

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If a regression equation has only one explanatory variable, say x1, its standardized coefficient must lie in the range

-2 to 0
-1 to 1
0 to 1
0 to 2

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the following equation, gdp refers to gross domestic product, and FDI refers to foreign direct investment. log(gdp) = 2.65 + 0.527log(bankcredit) + 0.222FDI (0.13) (0.022) (0.017) Which of the following statements is then true?

If gdp increases by 1%, bank credit increases by 0.527%, the level of FDI remaining constant
If bank credit increases by 1%, gdp increases by 0.527%, the level of FDI remaining constant
If gdp increases by 1%, bank credit increases by log(0.527)%, the level of FDI remaining constant
If bank credit increases by 1%, gdp increases by log(0.527)%, the level of FDI remaining constant

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the following equation, gdp refers to gross domestic product, and FDI refers to foreign direct investment. log(gdp) = 2.65 + 0.527log(bankcredit) + 0.222FDI (0.13) (0.022) (0.017) Which of the following statements is then true?

If FDI increases by 1%, gdp increases by approximately 22.2%, the amount of bank credit remaining constant.
If FDI increases by 1%, gdp increases by approximately 26.5%, the amount of bank credit remaining constant
If FDI increases by 1%, gdp increases by approximately 24.8%, the amount of bank credit remaining constant
If FDI increases by 1%, gdp increases by approximately 52.7%, the amount of bank credit remaining constant

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