MCQs Econometrics-1

This quiz is about Econometrics, which covers the topics of Regression analysis, correlation, dummy variable, multicollinearity, heteroscedasticity, autocorrelation, and many other topics. Let start with MCQs Econometric test

MCQs about Multicollinearity, Dummy Variable, Selection of Variables, Error in Variables, Autocorrelation, Time Series, Heteroscedasticity, Simultaneous Equations, and Regression analysis

1. Autocorrelation may occur due to


2. Choose a true statement about Durbin-Watson test


3. Which one assumption is not related to error in explanatory variables?


4. Which of the action does not make sense to take in order to struggle against multicollinearity?


5. The AR(1) process is stationary if


6. In a regression model with three explanatory variables, there will be _______ auxiliary regressions


7. Which of the following statements is true about autocorrelation?


8. When measurement errors are present in the explanatory variable(s) they make


9. Heteroscedasticity is more common in


10. If a Durbin Watson statistic takes a value close to zero what will be the value of first-order autocorrelation coefficient


11. Negative autocorrelation can be indicated by which of the following?


12. Which one is not the rule of thumb?


13. For the presence and absence of first-order autocorrelation valid tests are


14. Heteroscedasticity can be detected by plotting the estimated $\hat{u}_i^2$ against


15. The value of Durbin Watson $d$ lie between


An application of different statistical methods applied to the economic data used to find empirical relationships between economic data is called Econometrics. In other words, Econometrics is “the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference”.

Muhammad Imdad Ullah

Currently working as Assistant Professor of Statistics in Ghazi University, Dera Ghazi Khan. Completed my Ph.D. in Statistics from the Department of Statistics, Bahauddin Zakariya University, Multan, Pakistan. l like Applied Statistics, Mathematics, and Statistical Computing. Statistical and Mathematical software used is SAS, STATA, GRETL, EVIEWS, R, SPSS, VBA in MS-Excel. Like to use type-setting LaTeX for composing Articles, thesis, etc.

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