Exam 5: Linear Regression As a Fundamental Descriptive Tool
Exam 1: The Roles of Data and Predictive Analytics in Business55 Questions
Exam 2: Reasoning With Data50 Questions
Exam 3: Reasoning From Sample to Population50 Questions
Exam 4: The Scientific Method: The Gold Standard for Establishing Causality50 Questions
Exam 5: Linear Regression As a Fundamental Descriptive Tool53 Questions
Exam 6: Correlation Vs Causality in Regression Analysis52 Questions
Exam 7: Basic Methods for Establishing Causal Inference49 Questions
Exam 8: Advanced Methods for Establishing Causal Inference50 Questions
Exam 9: Prediction for a Dichotomous Variable50 Questions
Exam 10: Identification and Data Assessment50 Questions
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If one is trying to explain the cross-sectional variation in prices for milk across grocery stores in the country using commercial rental prices and a binary variable for if the grocery store chain owns a dairy farm, which method is most appropriate?
(Multiple Choice)
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Suppose you're running a multiple regression of Home Prices (in thousands of $) on five different treatment variables including number of bedrooms, number of bathrooms, total square feet, total lot size, and garage size, where all the treatment variables have been standardized . If the coefficient on number of bedrooms is estimated to be 3, how would you interpret the coefficient on the number of bedrooms?
(Multiple Choice)
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Suppose you're running a multiple regression of Home Prices on two treatment variables, City, which is a binary variable for whether or not the home is located in a city or not, and Finished Basement, which is a binary variable for whether or not the home has a finished basement. If you solve for the multiple regression using the moment conditions all of the following conditions must hold except for what?
(Multiple Choice)
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In running the simple linear regression of Y on X, if you know that no observation in your sample has an X value that is equal to , what condition might not be true?
(Multiple Choice)
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If one was estimating a simple regression of Earnings (Y) on Height of individuals (X), and got a coefficient on the Height variable of 30, what would the coefficient on Height be if you added 3 inches to every individual in the sample but kept their earnings the same?
(Multiple Choice)
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For a dichotomous treatment regression (X = 1 or 0), the mean outcome for the treated group (X = 1) is 35 and the mean outcome for the untreated group is 67. What will the slope of the regression line be?
(Multiple Choice)
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If you're running a multiple regression of employee Hours Worked on Tenure (in number of years) and MBA (a binary variable equal to 1 for an employee with an MBA, 0 otherwise), which moment conditions would be used?
(Multiple Choice)
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Suppose you're running a multiple regression of Home Prices on five different treatment variables including number of bedrooms, number of bathrooms, total square feet, total lot size, and garage size, where all the treatment variables have been standardized . Which conditions about the multiple regression must hold?
(Multiple Choice)
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If one was estimating a simple regression of Earnings (Y) on Height of individuals (X), and got a coefficient on the Height variable of 30, what would the intercept be if you added 3 inches to every individual in the sample but kept their earnings the same?
(Multiple Choice)
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When a treatment can be administered in more than one quantity it is known as a:
(Multiple Choice)
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