Top 150+ Solved Mathematical Economics MCQ Questions Answer
Q. If we are studying the dependence of a variable on more than one explanatory variable, theanalysis is called
a. two variable regression analysis
b. multiple regression analysis
c. single regression analysis
d. none of the above
Q. If the data is collected at one point in time, it is called
a. time series data
b. cross section data
c. pooled data
d. none of the above
Q. If the data is collected over a period of time, it is called
a. time series data
b. cross section data
c. pooled data
d. none of the above
Q. The combination of time series and cross sectional data is known as
a. pooled data
b. panel data
c. longitudinal data
d. none of the above
Q. The set of all possible outcomes of an experiment or measurement is known as
a. population
b. census
c. sample
d. variable
Q. An expected value is the same as
a. average value
b. standard deviation
c. dispersion
d. none of the above
Q. The locus of points conditional means of the dependent variable for the fixed values of theexplanatory variables is
a. venn diagram
b. lorenz curve
c. probability curve
d. population regression curve
Q. The regression line or curve passes through
a. origin
b. vertical axis
c. horizontal axis
d. conditional means
Q. E (Y/Xi) = f (Xi) is known as
a. population regression function
b. sample regression function
c. expected average
d. none of the above
Q. “the descriptions be kept as simple as possible until proved inadequate” corresponds to
a. occam’s razor
b. index numbers
c. regression
d. correlation
Q. The rule or formula that tells how to estimate the population parameter from the sampleinformation is called
a. estimate
b. estimator
c. population
d. coefficient
Q. the most popular method of constructing sample regression function in the regressionanalysis is
a. method of ols
b. generalised squares
c. ordinary regression method
d. none of the above
Q. the method of ordinary least squares is attributed to
a. pearson
b. pashee
c. fisher
d. carl friedrich gauss