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BUAN 6312 Exam 2 Terms in this set (49) Endogeniety Correlation between explanatory variable and error term Endogeniety causes the least squares estimator to be what? Biased and inconsistent When what is correlated with the explanatory variable, the reg$7.99
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BUAN 6312 Exam 2 Terms in this set (49) Endogeniety Correlation between explanatory variable and error term Endogeniety causes the least squares estimator to be what? Biased and inconsistent When what is correlated with the explanatory variable, the reg
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Course
GED - General Educational Development
Institution
GED - General Educational Development
BUAN 6312 Exam 2
Terms in this set (49)
Endogeniety Correlation between explanatory variable and error term
Endogeniety causes the least squares estimator to be what? Biased and inconsistent
When what is correlated with the explanatory variable, the regression error will be correlated with th...
Endogeniety Correlation between explanatory variable and error term
Endogeniety causes the least squares Biased and inconsistent
estimator to be what?
When what is correlated with the Omitted variable
explanatory variable, the regression error
will be correlated with the explanatory
variable?
Instrumental variables have no effect on Y
what?
Instrumental variables cannot be correlated e,x
with ___ but must be correlated with___
Instrumental variables are biased but what? Consistent
Why are instrumental variable estimators less Variance of IV estimator is always larger than LSE
efficient than LSE?
Instrumental variables need an F-stat of at 10
least what?
The number of what should be greater than exogenous instruments
or equal to the number of endogenous
variables?
If failing to reject Ho in a Hausman test for consistent
IVs, LSE and IVE are what?
If failing to reject Ho in a Hausman test for LSE
IVs, which estimator should be used?
What distribution does the Hausman test Chi square
use?
BUAN 6312 Exam 2
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