Econometrics UE Past Papers Questions.

A researcher has five variables in her data set which are crop yield (Y), rainfall (R), grain price (P), temperature (T), Fertilizer amount (F).

1. In view of these variables what type linear model(s) can be adopted to test relationship between variables?
2. Using acceptable/ standard notation specify the model(s) that could be adopted to test the relationship?
3. State all assumptions underlying the analysis of model(s) specified in part (ii) above
4. Mention three other variables that might be included in this model to make results more robust?

Answer / Solution

UNSOLVED

Study the following output and answer the question that follow:

Summary output:

ANOVA

1. Identify the dependent and independent variable for this model
2. Interpret the adjusted R square, F value and t-values
3. Show how the multiple R and R-square are calculated?

Answer / Solution

UNSOLVED

In hypothesis testing one can accept or reject a null hypothesis

Answer / Solution

UNSOLVED

Type one error is the probability of reject a true null hypothesis

Answer / Solution

UNSOLVED

Sex is a binary but not an indicator variable

Answer / Solution

UNSOLVED