The extended least squares assumptions are of interest, because

A) they will often hold in practice.
B) if they hold, then OLS is consistent.
C) they allow you to study additional theoretical properties of OLS.
D) if they hold, we can no longer calculate confidence intervals.

Answer: C

Economics

You might also like to view...

According to the quantity theory of money, the price level decreases in equal proportion to

A) a decrease in the nominal interest rate. B) an increase in the real interest rate. C) an increase in the income velocity of money. D) a decrease in the money supply.

Economics

Using the "rule of 2," which of the following variables can be deemed statistically significant?

A) PA B) PB C) I D) All of the above E) None of the above

Economics