EC245
Applied Econometrics
Wilfrid Laurier University
Department of Economics
Winter 2017
Jason Dean
Midterm Test
EC245 Applied Econometrics
Winter 2017
February 14, 2017
Solutions
First Name: _
Gener
iClicker Q1
According to the Stata output the R2 and adjusted-R2 values respectively are:
a)
b)
c)
d)
0.3097; 0.3044
0.0690; 0.3097
2.2289; 0.0690
0.690; 0.3097
EC 306 Economics of Wages and Employmen
Clicker 1
2-1
Clicker 2
2-2
Clicker 3
2-3
Clicker 4
Which of the following is the correct formula for
?
a)
b)
c)
d)
2-4
Clicker 5
Using the data below, calculate the OLS slope coefficient
using the fo
Clicker 1
A variable that takes on the values of 0 or 1 and is used
to incorporate the effect of qualitative variables in a
regression model is called
a. an interaction
b. a constant variable
c. a dum
Clicker 1
2-1
Clicker 2
2-2
Download the Employment Data.dta file on MyLS in the
Adhoc Datasets folder.
Open the dataset in Stata. If you want to use Excel you
can download the Excel file instead.
Clicker 1
Suppose X is a random variable with mean 1 and Z is a
random variable with mean 2,then the E(2 + X + Z) is
equal to:
a) 2 + x + y
b) E(X + Y)
c) 2 + 1 + 2
d) (1 + 2)2
2-1
Clicker 2
Suppose w