You estimate the equation: Y=6.2+0.41X. After finding heteroscedasticity, you run a second equation: Y/X=0.39+6.31/X. What is the effects of X on Y based on your preferred specification? A. A 1 unit change in X increases Y by 6.31 units. B. A 1 unit change in X increases Y by 0.39 units C. A 1 unit change in X increases Y by 6.31%. D. A 1 unit change in X increases Y by 39% Q 5 Which of the following are advantages of the use of panel data over pure cross- sectional or pure timeseries modelling? (i) The use of panel data can increase the number of degrees of freedom and therefore the power of tests (ii) The use of panel data allows the average value of the dependent variable to vary either cross-sectionally or over time or both (iii) The use of panel data enables the researcher allows the estimated relationship between the independent and dependent variables to vary either cross-sectionally or over time or both A. (i) only B. (i) and (ii) only C. (ii) only D. (i), (ii), and (iii) Q6 Autocorrelation causes biased estimates: A. Never, only invalid standard errors. B. If it is caused by a genuine AR(1) process. C. When the lagged independent variable is omitted, but not when the lagged dependent variable is omitted D. If it is caused by omission of lagged variables

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Q4 You estimate the equation: Y=6.2+0.41X. After finding heteroscedasticity, you run a second equation: Y/X=0.39+6.31/X. What is the effects of X on Y based on your preferred specification? A. A 1 unit change in X increases Y by 6.31 units. B. A 1 unit change in X increases Y by 0.39 units C. A 1 unit change in X increases Y by 6.31%. D. A 1 unit change in X increases Y by 39% Q 5 Which of the following are advantages of the use of panel data over pure cross- sectional or pure timeseries modelling? (i) The use of panel data can increase the number of degrees of freedom and therefore the power of tests (ii) The use of panel data allows the average value of the dependent variable to vary either cross-sectionally or over time or both (iii) The use of panel data enables the researcher allows the estimated relationship between the independent and dependent variables to vary either cross-sectionally or over time or both A. (i) only B. (i) and (ii) only C. (ii) only D. (i), (ii), and (iii) Q6 Autocorrelation causes biased estimates: A. Never, only invalid standard errors. B. If it is caused by a genuine AR(1) process. C. When the lagged independent variable is omitted, but not when the lagged dependent variable is omitted D. If it is caused by omission of lagged variables

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