ECO453 Past Questions

ECO453

Econometrician use â€| for econometric analysis
Answer: eviews

test the existence of random effect in panel data
Answer: breusch and pagan lagrange multiplier (Im)

Specify a simple linear regression model
Answer: b = bO + b1x + u

… is a collection of random variable over time
Answer: random process

fixed effect exist is identified in panel data by conducting â€|
Answer: hausman test

explains the relationship between dependent variable and one independent variable
Answer: classical regression

models are used for discrete variable and not continuous variable
Answer: probit regression model

Variable that takes a value 0 and 1 to indicate the absence or presence of quantitative variable is known asâ€|
Answer: dummy variable regression

is a method of panel data analysis
Answer: all the options

is a model without time influence
Answer: sstatic model

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