Test In order to use data what we specify to describing how the data on household income and expenditure are obtained, and that guides the econometric analysis?

Test

1.In order to use data what we specify to describing how the data on household income and expenditure are obtained, and that guides the econometric analysis?

A) An econometric model

B) parameters

C) limit

D) A and C

2. _____ much like a confidence interval, is a range of values in which the unknown value of y is likely to be located.

A) residual

B) a prediction interval

C) liner model

D) A and C

3. Which test we use for testing a joint null hypothesis?

A) T TEST

B) F TEST

C) Hypothesis TEST

D) B and C

4. _____is about how we can use theory and data from economics, business, and the social sciences, along with tools from statistics, to answer ‘‘how much’’ questions.?

A) line

B) consumption

C) econometric

D) A and B

5. Which test allow us to say that the data are compatible, or are not compatible, with a particular conjecture?

A) T TEST

B) F TEST

C) Hypothesis TEST

D) B and C

6. An economist mainly uses econometrics for ______?

A) Studying relationship between goods and prices.

B) Studying relationship between production and price.

C) Studying relationship between demand and supply.

D) Studying relationship between economic variables.

7. Which is a basic tool of econometric______?

A) Simple linear regression model.

B) Multi level linear regression model.

C) Multiple linear regression model.

D) General linear model.

8. The main importance of econometrics is _______?

A) Forecasting.

B) Data analysis.

C) Data gathering.

D) All of the above

9. An assumption that we maintain throughout the chapter is that the variables in our equations are ______

A) regression

B) stationary

C) hypothesis

D) A and B

10. How many categories The predetermined variables are divided into?

A) 2 exogenous, lagged endogenous

B) 3

C) 4

D) A and C

11. How many years long term may mean In economic terms

A) 10 years

B) 1 year

C) 3 years

D) A and B

12. The three key ingredients of econometrics are ______?

A) Economic theory.

B) Economic data.

C) Statistical method.

D) All of the above.

13. If a time series is not stationary in the sense just defined, it is called______

A) a nonstationary time series

B) stationary time series

C) A and B

D) All of the above.

14. ______is a model used in statistics and econometrics to measure events that happen over a period of time.

A) regression

B) correlation

C) ARIMA

D) autocorrelation

MM-56i

ORIFOV M.