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"The error term is heteroscedastic, the OLS estimates must have minimum variance property in the class of", ordinary least square assumptions Multiple Choice Questions (MCQs) with choices consistent estimators, unbiased estimators, efficient estimators, and best linear unbiased estimators for admission in top business universities. Learn linear regression model questions and answers to improve problem solving skills.

Ordinary Least Square Assumptions Quiz

MCQ: Error term is heteroscedastic, OLS estimates must have minimum variance property in class of

1. Unbiased estimators
2. Consistent estimators
3. Efficient estimators
4. Best Linear unbiased estimators

A

Ordinary Least Square Assumptions Quiz

MCQ: Variance assumed for explanatory variable is

1. Finite positive number
2. Finite negative number
3. Infinite positive number
4. Infinite negative number

A

Ordinary Least Square Assumptions Quiz

MCQ: Specification of incorrect functional form can also be a mean to generation of

1. Irregular distribution
2. Heteroscedasticity
3. Homoscedasticity
4. Multicollinearity

B

Properties of Point Estimators Quiz

MCQ: Value halfway between lower and upper class limits is known to be as

1. Class midpoint
2. Class boundary point
3. Class dot point
4. Class plot point

A

Data Elements, Variables and Observations Quiz

MCQ: A sampling technique in which each observation have an equal chance of selection is known to be

1. Structured Sampling
2. Random Sampling
3. Stratified Sampling
4. Clustered Sampling

B