biased downward and have smaller standard errors b

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Information Criterion (AIC) c.) Bayesian Information Criterion (BIC) d.) Jarque- Bera Test Ans: d Section: 6.3 12. When are R2 and adjusted R2 equal? a.) when the model is correctly specified b.) when K = 1 c.) when the error terms are normally distributed d.) when an unrestricted model is estimated Ans: b Section: 6.3 13. You estimate 4 different specifications of an econometric model by adding a variable each time and get the following results 2 2 R adj R AIC Model A 0.3458 0.3285 22.56 Model B 0.3689 0.3394 22.37 Model C 0.4256 0.3916 21.21 Model D 0.4299 0.3...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online