NOMETRICS IMy courses / Faculty OFEconomics & Administrative Sciences / ECON309 / Finals / ECON 309 Final Exam Assignment17. If the absolute value of your calculated t-statistic exceeds the critical value from the standard normaldistribution, you canOa safely assume that your regression results are significant.Ob.conclude that most of the actual values are very close to the regression line.onO Creject the assumption that the error terms are homoskedastic.O d. reject the null hypothesis.Next page rd/My courses / Faculty Of Economics & Administrative Sciences / ECON309 / Finals / ECON 3092. An estimate isO a. unbiased if its expected value equals the population value.ut ofO b. another word for estimator.uestionOc. efficient if it has the smallest variance possible.O d. a nonrandom number.Is nage

Critical value is the determines the portion on the test distribution which is compared with the…

17. If the absolute value of your calculated t-statistic exceeds the critical value from the standard normal distribution, you can O a. safely assume that your regression results are significant. O b. conclude that most of the actual values are very close to the regression line. Oc reject the assumption that the error terms are homoskedastic. d. reject the null hypothesis.

17. If the absolute value of your calculated t-statistic exceeds the critical value from the standard normal distribution, you can O a. safely assume that your regression results are significant. O b. conclude that most of the actual values are very close to the regression line. Oc reject the assumption that the error terms are homoskedastic. d. reject the null hypothesis.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter4: Estimating Demand

Section: Chapter Questions

Problem 1E

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