Answer the following statement(s) true (T) or false (F)
1. Similar to a t-score, the degrees of freedom for regression is equal to one minus a given sample size.
2. The independent variable in a time-series regression is time.
3. If OLS is BLUE for a relationship, there may be collinearity.
4. A scatter plot can be used to help determine if a line is linear.
5. When using regression, the errors should be homoscedastic.
1. false
2. true
3. false
4. true
5. true
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Of the following, which have the lowest average wage?
A. African American men B. African American women C. Hispanic women D. Hispanic men E. white, non-Hispanic women
Most federal bureaucracies exist because they are authorized by an act of the
a. Senate. b. House. c. Congress. d. president. e. Supreme Court.
If a judge rules a certain way on a case because prior cases of similar nature were subject to the same rule, that judge could be said to be relying on which of the following?
A. Precedent B. Judicial review C. Strict construction D. Broad construction E. Judicial activism
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A) only 2 percent B) about 9 to 10 percent C) at least 25 percent D) about 50 percent E) over 80 percent