Flashcards
Final Exam Review
Cards in this deck (10)
- 1—C
- 2—B
- 3—B
- 4—B
- 5—D
- 6If the t statistic for the presence of a unit root in a variable is −7.22 and the 5% critical value is −2.86, there is strong evidence against a unit root in the variable.True
- 7The R2 calculated in a spurious regression is a valid and efficient estimate of the goodness-of-fit of the regression equation.False
- 8The short-run elasticity measures the immediate percentage change in a dependent variable given a 1% increase in the independent variables.True
- 9—A
- 10The variance of a random walk process decreases as a linear function of time.False
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- Flashcards on Final Exam Review, created by NOR YASMIN BINTI MHD BANI / FEP on 08/06/2023.
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- NOR YASMIN BINTI MHD BANI / FEP · Jun 2023
- Updated
- Jun 8, 2023
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