Author Question: The presence of correlated error terms creates problems for inference based on OLS. These can be ... (Read 140 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
The presence of correlated error terms creates problems for inference based on OLS. These can be overcome by
 
  A) using HAC standard errors.
  B) using heteroskedasticity-robust standard errors.
  C) reordering the observations until the correlation disappears.
  D) using homoskedasticity-only standard errors.

Question 2

The leading example of sampling schemes in econometrics that do not result in independent observations is
 
  A) cross-sectional data.
  B) experimental data.
  C) the Current Population Survey.
  D) when the data are sampled over time for the same entity.



trog

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library