Question

20) Which of the following is not true? A) when a series has the same average growth rate from period to period, then it can be approximated by including trend in a regression. B) dummy variables can be used to address the problem of seasonality in regression models. C) y_t = ?_0 + ?_0 s_t + ?_1 s_{t-1} + ?_2 s_{t-2} + ?_3 s_{t-3} + u_t, it is possible to estimate long-run effect of change in s_t on y_t. D) serial correlation of the error term in time series regression invalidates the estimates and t-values of the estimates. E) including time trend in a time series regression is equivalent to detrending the dependent variable but not the independent variables.

          20) Which of the following is not true?

A) when a series has the same average growth rate from period to period, then it can be approximated by including trend in a regression.

B) dummy variables can be used to address the problem of seasonality in regression models.

C) y_t = ?_0 + ?_0 s_t + ?_1 s_{t-1} + ?_2 s_{t-2} + ?_3 s_{t-3} + u_t, it is possible to estimate long-run effect of change in s_t on y_t.

D) serial correlation of the error term in time series regression invalidates the estimates and t-values of the estimates.

E) including time trend in a time series regression is equivalent to detrending the dependent variable but not the independent variables.

20) Which of the following is not true?

A) when a series has the same average growth rate from period to period, then it can be approximated by including trend in a regression.

B) dummy variables can be used to address the problem of seasonality in regression models.

C) yt = ?0 + ?0 st + ?1 st-1 + ?2 st-2 + ?3 st-3 + ut, it is possible to estimate long-run effect of change in st on yt.

D) serial correlation of the error term in time series regression invalidates the estimates and t-values of the estimates.

E) including time trend in a time series regression is equivalent to detrending the dependent variable but not the independent variables.

Added by Destiny R.

Question

Please give Ace some feedback