Which of the following statements is true? a. The SER is an unbiased estimator for the...
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Which of the following statements is true? a. The SER is an unbiased estimator for the standard deviation of the error in a MLR model. b. If the error term is correlated with any of the independent variables, the OLS estimators are biased and consistent. c. Suppose 8, = Cov(x,, x,) / Var(x;) where x, and x, are two independent variables in a regression equation. If x2 has a positive partial effect on the dependent variable and 6, > 0, then the inconsistency in the simple regression slope estimator associated with x, is positive. d. All estimators in a regression model that are consistent are also unbiased. Which of the following statements is true? a. The SER is an unbiased estimator for the standard deviation of the error in a MLR model. b. If the error term is correlated with any of the independent variables, the OLS estimators are biased and consistent. c. Suppose 8, = Cov(x,, x,) / Var(x;) where x, and x, are two independent variables in a regression equation. If x2 has a positive partial effect on the dependent variable and 6, > 0, then the inconsistency in the simple regression slope estimator associated with x, is positive. d. All estimators in a regression model that are consistent are also unbiased.
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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