In regression, when data meets the Gauss Markov assumptions it can be said that:
a. the variables are linear
b. there is statistical significance
c. there is collinearity
d. OLS is BLUE
d. OLS is BLUE
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__________ is an economic theory designed to increase a nation's wealth through the development of commercial industry and a favorable balance of trade
a. Nationalism b. Socialism c. Mercantilism d. Commercialism
A Type II error occurs when a researcher fails to reject the null hypothesis even though the null hypothesis is false
Indicate whether the statement is true or false
By broadcasting public debates or presidential speeches, even when there are no advertisements, the media best illustrates its role in
a. promoting the public good by providing information. b. serving a watchdog function. c. agenda-setting. d. priming.
Under separation of powers, the U.S. system keeps power among branches balanced by enabling one branch to counter the actions of another by the use of which of the following?
A. Authority B. Checks and balances C. Republicanism D. Economic manipulation E. Federalism