Multiple Choice
When a decision maker has to choose between two mutually exclusive outcomes an econometrician may choose to use a(n)
A) binary choice model
B) ECM
C) random effects model
D) fixed effects model
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: Which of the following is not a
Q3: What is the difference between multinomial logit
Q4: For what dependent variable should a Poisson
Q5: Unobservable variables that enter into decisions are
Q6: Which model requires the assumption of independence
Q8: When using least squares to estimate a
Q9: When is a Tobit model used?<br>A)when you
Q10: Which of the following statements is not
Q11: When a substantial proportion of the observations
Q12: How is the average marginal effect calculated