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Which of the Following Statements Is True

Question 7

Multiple Choice

Which of the following statements is true?


A) OLS estimates in censored regression models are consistent estimators of the population coefficients.
B) In a truncated regression model, the samples are not included randomly from an underlying population but are based on a given rule.
C) In a censored regression model, units in the sample are taken from a particular subset of the population.
D) Maximum likelihood estimators are consistent in truncated regression models even if there is nonnormality or heteroskedasticity in the error terms.

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