Top 50+ Solved Introduction to Econometrics MCQ Questions Answer
Q. In the case of multicollinearity which test will be insignificant?
a. f test
b. t test
c. both a and b
d. both are significant
Q. Hetroscedasticity is generally occurred in
a. Cross-section data
b. Time series data
c. Pooled data
d. None of the above
Q. When there are both qualitative and quantitative variables are there in the model,
a. ANOVA
b. ANCOVA
c. CHI SQUARE
d. All of the above
Q. When is the problem of dummy variable trap occur?
a. When we take dummy variables more than the categories
b. When we take dummy variables less than the categories
c. When we take dummy variables equal to the no of categories
d. Both a and c
Q. Durbin Watson test is associated with:
a. Heteroscedasticity
b. Multicollinearity
c. Autocorrelation
d. Both a and c
Q. All are the types of specification errors EXCEPT:
a. Omission of relevant variable
b. Inclusion of unnecessary variable
c. errors of measurement
d. over identified
Q. White's test is used for the detection of -----------?
a. multicollinearity
b. hetroscedasticity
c. Autocorrelation
d. None of the above
Q. Which one is not the assumption of OLS?
a. Perfect Multicollinearity
b. zero covariance between error terms
c. equal variance of disturbances
d. Mean value of disturbances is
Q. Scaling a dependent variable in log form in the log-lin model will------------
a. change both the intercept and slope
b. change the slope but not the intercept
c. change the intercept but not the slope
d. intercept and slope both remains unchanged
Q. Individual respondents, focus groups, and panels of respondents are categorised as
a. Primary Data Sources
b. Secondary Data Sources
c. Itemized Data Sources
d. Pointed Data Sources
Q. The scale applied in statistics which imparts a difference of magnitude and proportions isconsidered as
a. Exponential Scale
b. Goodness Scale
c. Ratio Scale
d. Satisfactory Scale
Q. The successive trials are with replacement in
a. Hypergeometric distribution
b. Binomial distribution
c. Geometric distribution
d. None of these
Q. A discrete probability distribution may be represented by
a. Graph
b. Table
c. Mathematical Equation
d. All of These
Q. Student’s t-distribution curve is symmetrical about mean, it means that
a. Odd Order Moments are Zero
b. Even Order Moments are Zero
c. Both (A) and (B)
d. None of (A) and (B)
Q. Which one is equal to explained variation divided by total variation?
a. Sum of squares due to regression
b. Coefficient of Determination
c. Standard Error of Estimate
d. Coefficient of Correlation