What is the main assumptions about the behaviour of the disturbance term in the Classical Linear...

What is the main assumptions about the behaviour of the disturbance term in the Classical Linear Regression Model (CLRM). Briefly explain the meaning of each assumption.

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orchestra answered 1 year ago

Discuss the main assumptions of a classical linear regression model.

what are the assumptions made about the economy in the classical model?

What are the main determinants of exchange rate behaviour in the long and short term. In...

What are the main determinants of exchange rate behaviour in the long and short term. In the context of your analysis discuss why foreign exchange rates tend to be volatile and notoriously hard to predict

5. Under the Classical Linear Regression model assumptions, which one of the following is not a...

5. Under the Classical Linear Regression model assumptions, which one of the following is not a required assumption about the error term ui? * a. There is no multicollinearity in the model b. The variance of the error term is the same for all values of x. c. The values of the error term are independent. d. The error term is normally distributed. 6 If you find a positive value of the correlation coefficient it implies that the slope of...

4) Explain the two main differences in the assumptions made by the Classical and Keynesian theories...

4) Explain the two main differences in the assumptions made by the Classical and Keynesian theories and the consequences of these for the business cycle?

!. What are the main differences between Classical and Neo-Classical Schools? Why Neo-Classical School tried to...

!. What are the main differences between Classical and Neo-Classical Schools? Why Neo-Classical School tried to discard Classical School's Labour Theory of Value from the Liberal theory? 2. What is workers' alienation from the product of their labour ? Please explain by giving an example.

(1)What are the ASSUMPTIONS of the Classical Model in econometrics? What happens when each of the...

(1)What are the ASSUMPTIONS of the Classical Model in econometrics? What happens when each of the assumptions are violated? Answers are provided in chapter 4 of the required text book for the class. The title of the chapter is “ The Classical Model”

What are the main differences between Classical and Neo-Classical Schools? Why Neo-Classical School tried to discard...

What are the main differences between Classical and Neo-Classical Schools? Why Neo-Classical School tried to discard Classical School's Labour Theory of Value from the Liberal theory?

List the assumptions in the general linear model and show what this means for the variance...

List the assumptions in the general linear model and show what this means for the variance co variance matrix

1.why we need to add disturbance term in econometric model? 2 what is four criteria for...

1.why we need to add disturbance term in econometric model? 2 what is four criteria for including a explanatory variable in the model? 3How is DW statistic defined? What is its range? 4 Prove random walk process Yt = Yt−1 +εt is not stationary. 5 How to use VIF methods to detect multicollinearity.? 6 what is the content the Gauss-Markov theorem (including assumptions and conclusion)? 7 How to choose Instrument variable

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