True/False (27 points) Please write the entire word. No explanations are required.
1. (3 points) If we run a regression using STATA and obtain a p-value equal to .04, then
we would reject the null hypothesis that the coecient is equal to zero at the 1 per
True / False (24 points) Please write the entire word. No explanations are required.
1.
7.
8.
(3 points) If the zero conditional mean assumption is satised, (i.e., E :2 0), it
follows that E = 0.
/ :ZUE
(3 points) Under the GaussMarkov Assumptions, the O
True/False (24 points) Please write the entire word. No explanations are required.
1. (3 points) The average value of the OLS tted values is zero
n
2. (3 points) The explained sum of squares (SSE) is dened as
i=1
(i y )2 .
y
3. (3 points) R2 = SSR = 1 SSE
True / False (20 points) Please write the entire word. No explanations are required.
1.
[\b'
C21
10.
(2 points) Classical measurement error in an explanatory variable causes attenuation
bias in the 0L9 estimator - i 7-
' ' " ' | EU 1;
('2 points) lf we ru
True/False (24 points) Please write the entire word. No explanations are required.
1. (3 points) If the zero conditional mean assumption is satised, (i.e., E (u|x) = 0), it
follows that E (ux) = 0.
2. (3 points) Under the Gauss-Markov Assumptions, the OLS
True / False (24 points) Please write the entire word. No explanations are required.
1. (3 points) The average value of the OLSxtyted values is zero
Hits 6 W
2. (3 points) The explained sum of squares (SSE) is dened as Z (3],- y);
1:1
Tan;
3. (3 pornts)
True/False (27 points) Please write the entire word. No explanations are required.
1. (3 points) If we run a regression using STATA and obtain a p-value equal to .02, then
we would reject the null hypothesis that the coecient is equal to zero at the 5 per
Figure 1: Child and Dependent Care Credit Rate Increase
40
35
30
25
20
15
$0
$10,000
$20,000
$30,000
$40,000
$50,000
. sum childcare all_spending treatment year income famsize if income >10000 & income < 50000
Variable
Obs
Mean
childcare
all_spending
trea
True / False (27 points) Please write the entire word. No explanations are required.
1. (3 points) If we run a regression using STATA and obtain a pvalue equal to .02, then
we would reject the null hypothesis that the coefficient is equal to zero at the
True / False (24 points) Please write the entire word. No explanations are required.
1. (3 points) Classical measurement error in the dependent variable causes attenuation
. . - W
bias in the OLS estimator.
QLSE
2. points) RESET is useful in detecting fun
True / False (27 points) Please write the entire word. No explanations are required.
1. (3 points) If we run a regression using STATA and obtain a pvalue equal to .04, then
we would reject the null hypothesis that the coefcient is equal to zero at the; pe
True/False (24 points) Please write the entire word. No explanations are required.
1. (3 points) Classical measurement error in the dependent variable causes attenuation
bias in the OLS estimator.
2. (3 points) RESET is useful in detecting functional form