This topic contains a solution. Click here to go to the answer

Author Question: Heteroskedasticity means that A) homogeneity cannot be assumed automatically for the model. B) ... (Read 123 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
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
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Wow, this really help


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Excellent

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library