Question 1

Predictions of a dependent variable are subject to sampling variation.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following correctly represents the equation for adjusted R2?

Accepted Answer

A)    = 1 - [SSR/(n -1)]/[SST/(n+1)] 
B)    = 1 - [SSR/(n -k - 1)]/[SST/(n+1)] 
C)    = 1 - [SSR/(n -k - 1)]/[SST/(n - 1)] 
D)    = 1 - [SSR]/[SST/(n - 1)] 
A)    = 1 - [SSR/(n -1)]/[SST/(n+1)] 
B)    = 1 - [SSR/(n -k - 1)]/[SST/(n+1)] 
C)    = 1 - [SSR/(n -k - 1)]/[SST/(n - 1)] 
D)    = 1 - [SSR]/[SST/(n - 1)]

Question 3

In the following equation, govrev represents total government revenue in a given year, and taxrate represents the tax rate, which can take on a value ranging from 0 to 1. govrev = 0.31 + 0.42 taxrate - 0.71 taxrate At what taxrate is govrev maximized?

Accepted Answer

A) 0.59 
B) 0.30 
C) 0.15 
D) 0.37 
A) 0.59 
B) 0.30 
C) 0.15 
D) 0.37

Question 4

A variable is standardized in the sample:

Accepted Answer

A) by multiplying by its mean. 
B) by subtracting off its mean and multiplying by its standard deviation. 
C) by subtracting off its mean and dividing by its standard deviation. 
D) by multiplying by its standard deviation. 
A) by multiplying by its mean. 
B) by subtracting off its mean and multiplying by its standard deviation. 
C) by subtracting off its mean and dividing by its standard deviation. 
D) by multiplying by its standard deviation.

Question 5

Standardized coefficients are also referred to as:

Accepted Answer

A) beta coefficients. 
B) y coefficients. 
C) alpha coefficients. 
D) j coefficients. 
A) beta coefficients. 
B) y coefficients. 
C) alpha coefficients. 
D) j coefficients.

Question 6

If the R-squared value is low, then using OLS equation is very easy to predict individual future outcomes on y given a set of values for the explanatory variables.​

Accepted Answer

A) True 
 B)False

Question 7

To make predictions of logarithmic dependent variables, they first have to be converted to their level forms.

Accepted Answer

A) True 
 B)False

Predictions of a dependent variable are subject to sampling variation.

Which of the following correctly represents the equation for adjusted R²?

In the following equation, govrev represents total government revenue in a given year, and taxrate represents the tax rate, which can take on a value ranging from 0 to 1. govrev = 0.31 + 0.42 taxrate - 0.71 taxrate At what taxrate is govrev maximized?

A variable is standardized in the sample:

Standardized coefficients are also referred to as:

If the R-squared value is low, then using OLS equation is very easy to predict individual future outcomes on y given a set of values for the explanatory variables.

To make predictions of logarithmic dependent variables, they first have to be converted to their level forms.

The Nature of Econometrics and Economic Data

The Simple Regression Model

Multiple Regression Analysis Estimation

Multiple Regression Analysis Inference

Multiple Regression Analysis Ols Asymptotics

Multiple Regression Analysis With Qualitative Information

Heteroskedasticity

More on Specification and Data Issues

Basic Regression Analysis With Time Series Data

Further Issues in Using Ols With Time Sries Data

Serial Correlation and Heteroskedasticity in Time Series Regressions

Pooling Cross Sections Across Time Simple Panel Data Methods

Advanced Panel Data Methods

Instrumental Variables Estimation and Two Strage Least Squares

Simultaneous Equations Models

Limited Dependent Variable Models and Sample Selection Correctons

Advanced Time Series Topics

Carrying Out an Empirical Project

Filters

Exam 6: Multiple Regression Analysis Further Issues

Predictions of a dependent variable are subject to sampling variation.

Which of the following correctly represents the equation for adjusted R2?

In the following equation, govrev represents total government revenue in a given year, and taxrate represents the tax rate, which can take on a value ranging from 0 to 1. govrev = 0.31 + 0.42 taxrate - 0.71 taxrate At what taxrate is govrev maximized?

A variable is standardized in the sample:

Standardized coefficients are also referred to as:

If the R-squared value is low, then using OLS equation is very easy to predict individual future outcomes on y given a set of values for the explanatory variables.​

To make predictions of logarithmic dependent variables, they first have to be converted to their level forms.

The Nature of Econometrics and Economic Data

The Simple Regression Model

Multiple Regression Analysis Estimation

Multiple Regression Analysis Inference

Multiple Regression Analysis Ols Asymptotics

Multiple Regression Analysis With Qualitative Information

Heteroskedasticity

More on Specification and Data Issues

Basic Regression Analysis With Time Series Data

Further Issues in Using Ols With Time Sries Data

Serial Correlation and Heteroskedasticity in Time Series Regressions

Pooling Cross Sections Across Time Simple Panel Data Methods

Advanced Panel Data Methods

Instrumental Variables Estimation and Two Strage Least Squares

Simultaneous Equations Models

Limited Dependent Variable Models and Sample Selection Correctons

Advanced Time Series Topics

Carrying Out an Empirical Project

Filters

Which of the following correctly represents the equation for adjusted R²?

If the R-squared value is low, then using OLS equation is very easy to predict individual future outcomes on y given a set of values for the explanatory variables.