When the error variance differs across the two groups, we can obtain a heteroskedasticity-robust Chow test by including a dummy variable distinguishing the two groups along with interactions between that dummy variable and all other explanatory variables.?
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: When the error variance differs acrossthe two groups, we can obtain a heteroskedasticity-robust Chow test by including a dummy variable distinguishing the two groups along with interactions between that dummy variable and all other explanatory variables.?
You might also like to view...
When the multiplier is ________, an autonomous decrease in investment of $200 billion decreases equilibrium real GDP by $400 billion
When the multiplier is ________, an autonomous decrease in investment of $200 billion decreases equilibrium real GDP by $800 billion. A) 2.0; 4.0 B) 0.4; 0.2 C) 0.2; 0.4 D) 4.0; 8.0 E) $400 billion; $800 billion
An oligopoly has ______ sellers in the market.
A. 0 B. 1 C. 3 D. many
A decrease in the price level will _____
a. shift the consumption function upward b. shift the consumption function upward c. result in an upward movement along the consumption function d. result in a downward movement along the consumption function e. shift the consumption function downward
The mutual interdependence of oligopolists ensures that each oligopolist has
A. a reaction function. B. a perfectly elastic demand curve. C. a fundamental dilemma about whether to collude or not. D. a unique demand curve.