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Econometrics

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

An equation is linear if ...

a)

plotting the function in terms of X and Y generates a curve

b)

plotting the function in terms of X and Y generates a straight line

2.

OLS Stands for (a)  

3.

Omitted variable bias also known as:

a)

systematic error

b)

specification error

c)

error term

d)

unbiasedness

4.

Autocorrelation is:

a)

the correlation of a time series with its own past and future values

b)

related to error term

c)

violates the CLRM

d)

associates with time series model

5.

Econometrics is a combination of

a)

Economics + mathematics

b)

Economics + statistics

c)

Economics+Mathematics + statistics

d)

None of the above

6.

one of the properties of OLS estimators is

a)

Linear

b)

Unbiased

c)

Minimum Variance

d)

All of the above

7.

Testing overall significance of a model could be done by

a)

F test

b)

t test

c)

chi square test

d)

None of the above

8.

Name the Indian among these three?

(a)  

9.

Which of the following is a test for autocorrelation

a)

Durbin Watson

b)

park test

c)

Gjesler test

d)

BPG

10.

Listen to the audio and answer the question

4 lines