This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Heteroskedasticity means that A) homogeneity cannot be assumed automatically for the model. B) ... (Read 191 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Heteroskedasticity means that
 
  A) homogeneity cannot be assumed automatically for the model.
  B) the variance of the error term is not constant.
  C) the observed units have different preferences.
  D) agents are not all rational.

Question 2

In the case of errors-in-variables bias, the precise size and direction of the bias depend on
 
  A) the sample size in general.
  B) the correlation between the measured variable and the measurement error.
  C) the size of the regression R2.
  D) whether the good in question is price elastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

3D DNA Model 3D DNA Model
Eye Model Eye Model
Bronchi Model Bronchi Model
Media Practice Model Media Practice Model
Sustainable Food Systems Model Sustainable Food Systems Model
Denney's model ON actual level of performance on exercised and unexercised abilities Denney's model ON actual level of performance on exercised and unexercised abilities
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library