Multiple Choice
What does robust regression do?
A) Performs an OLS regression with more trustworthy standard errors
B) It gives a weight to each unit based on their distance from the mean of Y
C) Performs three types of regression analysis and presents the mean results
D) It gives a weight to each unit based on their total influence on the model
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Why should we not include irrelevant variables
Q2: What does heteroskedasticity mean?<br>A) The variance in
Q3: What is the best way to find
Q4: How can we deal with the breach
Q5: What are the two ways we can
Q6: Which one is not a measure of
Q7: Name another way of modelling nonlinearity<br>A) Using
Q8: Which statistic(s) can help us detect multicollinearity?<br>A)
Q9: Which one of these statements is not