Multiple Choice
Error term indicates
A) fluctuations in the given data
B) variations
C) random variations
D) explained variation
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Student t test is preferred in the
Q19: Cobb Douglas production function is an example
Q20: if all factors of production are increased
Q21: Who is invented the linear programming technique:<br>A)h.
Q22: The power of a statistical test
Q23: Regressor refers to:<br>A)independent variable<br>B)dependent variable<br>C)error term<br>D)dummy variable
Q24: One of the applications of LPP:<br>A)objectivity<br>B)diet problem<br>C)constraint<br>D)none
Q25: In econometric models, t+1 indicates:<br>A)net addition<br>B)current value
Q26: one of the assumptions of LPP:<br>A)linearity<br>B)elasticity<br>C)equilibrium<br>D)none
Q28: The ratio of the factors (K/L):<br>A)apk<br>B)apl<br>C)mpl<br>D)mpk