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Download the "Specification Analysis : Estimation Assumptions MCQ" App: In the 'specification analysis', the assumptions related to residuals states must be; MCQ with answers: worst, independent, dependent, and good. Practice Specification Analysis Estimation Assumptions Quiz Questions, download Google e-Book (Free Chapter) for digital academic learning.

Specification Analysis Estimation Assumptions MCQs PDF Download – Prep Test

MCQ 1: In the 'specification analysis', the assumptions related to residuals states must be:

  1. worst
  2. independent
  3. dependent
  4. good

MCQ 2: In assumptions of specific analysis, the normality of residuals is satisfied with the use of:

  1. real price data
  2. real cost data
  3. multiplier data
  4. divisional data

MCQ 3: In assumptions testing, the violation of the constant variance is called:

  1. heteroscedasticity
  2. heterogeneous
  3. homogenous
  4. homoscedasticity

MCQ 4: An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as:

  1. abnormality of residuals
  2. normality of regression
  3. normality of residuals
  4. abnormality of regression

MCQ 5: The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be:

  1. $86,667
  2. $48,750
  3. $85,000
  4. $55,000

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