BUAN 6312 Exam 1 UPDATED ACTUAL Questions and CORRECT Answers
2 views 0 purchase
Course
BUAN 6312
Institution
BUAN 6312
BUAN 6312 Exam 1 UPDATED ACTUAL
Questions and CORRECT Answers
In an F test, J is the number of what in the model? - CORRECT ANSWER- Restrictions
In an F test, K is the number of what in the unrestricted model? - CORRECT ANSWER-
Coefficients including the intercept
Type I error - CORRECT ANSWE...
BUAN 6312 Exam 1 UPDATED ACTUAL
Questions and CORRECT Answers
In an F test, J is the number of what in the model? - CORRECT ANSWER- ✔✔Restrictions
In an F test, K is the number of what in the unrestricted model? - CORRECT ANSWER-
✔✔Coefficients including the intercept
Type I error - CORRECT ANSWER- ✔✔Rejecting H0 when true
Type II error - CORRECT ANSWER- ✔✔Not rejecting H0 when false
Reject H0 if p is ______ than alpha - CORRECT ANSWER- ✔✔less
If the chosen model is correct, the plotted residuals should look completely what? -
CORRECT ANSWER- ✔✔random
What is it called when a relevant variable explanatory variable is left out and causes bias in
other variables? - CORRECT ANSWER- ✔✔Omitted variable bias
Irrelevant variables increase what two things for other variables? - CORRECT ANSWER-
✔✔SE and p values
When a set of variables have exact collinearity is included in an econometric model, the
coefficient estimates are what? - CORRECT ANSWER- ✔✔Undefined
What is not used to evaluate model specifications? - CORRECT ANSWER- ✔✔R^2
What is eliminated by including an additional variable in a regression? - CORRECT
ANSWER- ✔✔Omitted variable bias
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.