Top 150+ Solved Mathematical Economics MCQ Questions Answer
Q. If each estimator provides only a single value of the relevant population parameter, it is
a. point estimator
b. interval estimator
c. class estimator
d. single estimator
Q. If each estimator provides a range of possible values relevant population parameter, it is
a. point estimator
b. interval estimator
c. class estimator
d. single estimator
Q. The sample regression line obtained through the OLS method passes through
a. sample means
b. sample standard deviation
c. origin
d. vertical axis
Q. The Gaussian standard classical linear regression model assumes------- assumptions
a. seven
b. ten
c. five
d. eight
Q. Which is the assumption of Gaussian standard classical linear regression model
a. linear regression model
b. x values are fixed
c. zero mean values for disturbances
d. all of the above
Q. The numerical value obtained by the estimator in an application is known as
a. estimate
b. estimator
c. population
d. coefficient
Q. Homoscedasticity means------ for disturbances
a. equal mean
b. equal variance
c. zero mean
d. none of the above
Q. The literal meaning of econometrics is
a. estimation
b. economic measurement
c. forecasting
d. testing
Q. Economic theory makes statements that are mostly
a. quantitative
b. qualitative
c. positive
d. none of the above
Q. Given any two X values the classical linear regression model assumes the correlationbetween the disturbances as
a. one
b. infinity
c. negative
d. zero
Q. which is the dependent variable in the Keynesian consumption function
a. income
b. consumption
c. price
d. output
Q. in the regression context, the OLS estimators are BLUE according to
a. central limit theorem
b. gauss markov theorem
c. young theorem
d. fisher’s theorem
Q. The summary measure used to measure the goodness of fit of a regression line
a. coefficient of determination
b. coefficient of variation
c. standard error d standar
d. deviation
Q. The classical theory of statistical inference consists of
a. estimation and hypothesis testing
b. regression and correlation
c. averages and dispersion
d. none of the above