Econometrics Quiz and Answers 8

Test your econometrics knowledge with this comprehensive Econometrics Quiz and Answers MCQs Test! Perfect for statisticians and econometricians preparing for exams or job interviews. Covers measurement errors, multicollinearity, heteroscedasticity, dummy variables, VIF, and more. Check your understanding of key concepts in Econometrics today! Let us start with the Online Econometrics Quiz and Answers now.

Online Econometrics Quiz and Answers

Online Econometrics Quiz and Answers

1. Which one is NOT the rule of thumb?

 
 
 
 

2. Robust standard errors are those that are corrected by

 
 
 
 

3. In case of perfect multicollinearity, the $X’X$ is a ————-.

 
 
 
 

4. When measurement errors are present in the explanatory variable(s), then parameter estimates become

 
 
 
 

5. If there is no overlap between regressors, then

 
 
 
 

6. In case of multicollinearity, the confidence interval tends to be much ———–, leading to the acceptance of the zero null hypothesis

 
 
 
 

7. If the calculated value of VIF is equal to 1321, then it is an indication of

 
 
 
 

8. If the calculated value of the condition number is equal to 1, then it is an indication of

 
 
 
 

9. The variance of regression slopes becomes infinite in the  case of

 
 
 
 

10. The presence of heteroscedasticity does not destroy the —————- of OLS estimators.

 
 
 
 

11. If the calculated value of VIF is equal to 1, then it is an indication of

 
 
 
 

12. Which of the actions does not make sense to take to struggle against multicollinearity?

 
 
 
 

13. If we have a categorical variable with 4 categories, then how many dummy variables can be used in with intercept regression model

 
 
 
 

14. A high value of VIF indicates

 
 
 
 

15. If the correlation coefficient between two explanatory variables approaches 1, then

 
 
 
 

16. In case of homoscedasticity, we have

 
 
 
 

17. If measurement errors are present only in the dependent variable, then the parameter estimates remain

 
 
 
 

18. In a regression model with 3 explanatory variables, there will be ————- auxiliary regressions

 
 
 
 

19. The Park test can be applied for

 
 
 
 

20. Spearman’s rank correlation test can be applied for

 
 
 
 

Question 1 of 20

Online Econometrics Quiz and Answers

  • If measurement errors are present only in the dependent variable, then the parameter estimates remain
  • If we have a categorical variable with 4 categories, then how many dummy variables can be used in with intercept regression model
  • In a regression model with 3 explanatory variables, there will be ————- auxiliary regressions
  • When measurement errors are present in the explanatory variable(s), then parameter estimates become
  • Which one is NOT the rule of thumb?
  • The variance of regression slopes becomes infinite in the  case of
  • If the calculated value of VIF is equal to 1321, then it is an indication of
  • In case of multicollinearity, the confidence interval tends to be much ———–, leading to the acceptance of the zero null hypothesis
  • A high value of VIF indicates
  • In case of perfect multicollinearity, the $X’X$ is a ————-.
  • The presence of heteroscedasticity does not destroy the —————- of OLS estimators.
  • In case of homoscedasticity, we have
  • Robust standard errors are those that are corrected by
  • If the calculated value of the condition number is equal to 1, then it is an indication of
  • If the correlation coefficient between two explanatory variables approaches 1, then
  • If there is no overlap between regressors, then
  • Which of the actions does not make sense to take to struggle against multicollinearity?
  • Spearman’s rank correlation test can be applied for
  • The Park test can be applied for
  • If the calculated value of VIF is equal to 1, then it is an indication of

Learn R Language through R Frequently Asked Questions

Leave a Comment

Discover more from Statistics for Data Science & Analytics

Subscribe now to keep reading and get access to the full archive.

Continue reading