Question 1

Tests of the b < 0 hypothesis are:

Accepted Answer

A) tests for the share of dependent variable variation explained by the regression model. 
B) one-tail F tests. 
C) two-tail t tests. 
D) tests of direction or comparative magnitude. 
A) tests for the share of dependent variable variation explained by the regression model. 
B) one-tail F tests. 
C) two-tail t tests. 
D) tests of direction or comparative magnitude. D

Question 2

Endogenous determinants of demand include:

Accepted Answer

A) competitor prices. 
B) the weather. 
C) interest rates. 
D) price. 
A) competitor prices. 
B) the weather. 
C) interest rates. 
D) price. D

Question 3

An uncertain relation that is true on average is a:

Accepted Answer

A) statistical relation. 
B) deterministic relation. 
C) cross-section relation. 
D) time-series relation. 
A) statistical relation. 
B) deterministic relation. 
C) cross-section relation. 
D) time-series relation. A

Question 4

A measure of the statistical significance of individual coefficient estimates is the:

Accepted Answer

A) coefficient of determination. 
B) t statistic. 
C) corrected coefficient of determination. 
D) F statistic. 
A) coefficient of determination. 
B) t statistic. 
C) corrected coefficient of determination. 
D) F statistic.

Question 5

A simple regression model necessarily involves:

Accepted Answer

A) one variable. 
B) more than one X variable. 
C) more than one Y variable. 
D) none of these. 
A) one variable. 
B) more than one X variable. 
C) more than one Y variable. 
D) none of these.

Question 6

In a linear demand model, the income elasticity of demand can be influenced by:

Accepted Answer

A) income. 
B) interest rates. 
C) price of other goods. 
D) all of these. 
A) income. 
B) interest rates. 
C) price of other goods. 
D) all of these.

Question 7

The percentage of variation in the dependent Y variable explained by all independent X variables as a group, after controlling for sample size and the number of estimated coefficients, is given by:

Accepted Answer

A) R2. 
B) corrected R2. 
C) SEE. 
D) Regression 
A) R2. 
B) corrected R2. 
C) SEE. 
D) Regression

Question 8

A multiplicative model implies:

Accepted Answer

A) a constant effect of X on Y. 
B) changing elasticity. 
C) a log-linear relation. 
D) a constant effect of Y on X. 
A) a constant effect of X on Y. 
B) changing elasticity. 
C) a log-linear relation. 
D) a constant effect of Y on X.

Question 9

In a simple regression model, the correlation coefficient:

Accepted Answer

A) shows the effect of X on Y. 
B) shows the effect of Y on X. 
C) is greater than one. 
D) is the square root of the coefficient of determination. 
A) shows the effect of X on Y. 
B) shows the effect of Y on X. 
C) is greater than one. 
D) is the square root of the coefficient of determination.

Question 10

Holding all else equal, the corrected coefficient of determination rises with:

Accepted Answer

A) an increase in the number of estimated coefficients. 
B) a decrease in sample size. 
C) an increase in R2. 
D) an increase in the standard error of the estimate. 
A) an increase in the number of estimated coefficients. 
B) a decrease in sample size. 
C) an increase in R2. 
D) an increase in the standard error of the estimate.

Tests of the b < 0 hypothesis are:

Endogenous determinants of demand include:

An uncertain relation that is true on average is a:

A measure of the statistical significance of individual coefficient estimates is the:

A simple regression model necessarily involves:

In a linear demand model, the income elasticity of demand can be influenced by:

The percentage of variation in the dependent Y variable explained by all independent X variables as a group, after controlling for sample size and the number of estimated coefficients, is given by:

A multiplicative model implies:

In a simple regression model, the correlation coefficient:

Holding all else equal, the corrected coefficient of determination rises with:

Nature and Scope of Managerial Economics

Economic Optimization

Demand and Supply

Demand Analysis

Forecasting

Production Analysis and Compensation Policy

Cost Analysis and Estimation

Linear Programming

Competitive Markets

Performance and Strategy in Competitive Markets

Monopoly and Monopsony

Monopolistic Competition and Oligopoly

Game Theory and Competitive Strategy

Pricing Practices

Risk Analysis

Capital Budgeting

Organization Structure and Corporate Governance

Government in the Market Economy

Filters

Exam 5: Demand Estimation

Tests of the b < 0 hypothesis are:

Endogenous determinants of demand include:

An uncertain relation that is true on average is a:

A measure of the statistical significance of individual coefficient estimates is the:

A simple regression model necessarily involves:

In a linear demand model, the income elasticity of demand can be influenced by:

The percentage of variation in the dependent Y variable explained by all independent X variables as a group, after controlling for sample size and the number of estimated coefficients, is given by:

A multiplicative model implies:

In a simple regression model, the correlation coefficient:

Holding all else equal, the corrected coefficient of determination rises with:

Nature and Scope of Managerial Economics

Economic Optimization

Demand and Supply

Demand Analysis

Forecasting

Production Analysis and Compensation Policy

Cost Analysis and Estimation

Linear Programming

Competitive Markets

Performance and Strategy in Competitive Markets

Monopoly and Monopsony

Monopolistic Competition and Oligopoly

Game Theory and Competitive Strategy

Pricing Practices

Risk Analysis

Capital Budgeting

Organization Structure and Corporate Governance

Government in the Market Economy

Filters