Multiple Choice
Econometrics is
A) the study of how people chose to use scarce resources.
B) the application of statistical techniques to economic data.
C) the science of collection,organization,analysis,and interpretation of data.
D) the use of summary statistics.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A point estimate is<br>A)typically equal to the
Q2: Sampling without replacement is<br>A)ensures the individuals in
Q3: In econometrics,a sample is<br>A)the entire group of
Q4: What is a statistic? A parameter? How
Q6: In econometrics,a population is<br>A)a large number of
Q7: A sampling distribution is<br>A)the distribution of a
Q8: What is a sampling distribution? How do
Q9: What is a population? A sample? How
Q10: A parameter is<br>A)a value that fluctuates depending
Q11: Sampling with replacement is<br>A)when a unit is