Misspecification of functional form of the regression function
A) is overcome by adding the squares of all explanatory variables.
B) is more serious in the case of homoskedasticity-only standard error.
C) results in a type of omitted variable bias.
D) requires alternative estimation methods such as maximum likelihood.
Question 2
It is advisable to use clustered standard errors in panel regressions because
A) without clustered standard errors, the OLS estimator is biased
B) hypothesis testing can proceed in a standard way even if there are few entities (n is small)
C) they are easier to calculate than homoskedasticity-only standard errors
D) the fixed effects estimator is asymptotically normally distributed when n is large
Four main models that describe the relationship between ecosystem function and biodiversity.
Fibroid tumors, or leiomyomas. Fibroids develop from the uterus to form a variety of hard, round ben
Antiparkinson Drugs Focus on Restoring Dopamine Function and Blocking Cholinergic Activity in the Ni
Encephalization is a function of both brain size and body size.
Gestalt principles of form and perception
Sketch a graph of the function h(x), by hand on the following interval: