Texts: QUESTION 16
In the term project, if income increases by δ (up to 3 decimal points), consumption is: 67.580, 0.797, 0.979, D. none of the above.
QUESTION 17: Given the linear model, an estimate (computed from a certain estimator for B2) is generally: close, very likely (high probability) to be close to B2, D. none of the above.
QUESTION 18: In the linear model, Cov(X, u) is: B. Xru, none of the above.
QUESTION 19: In the linear model, U-hat is: an estimator of u, a fixed number, none of the above.
QUESTION 20: For the linear model, suppose a researcher uses Y1 / X1 as an estimator for B2. What is the expectation of the estimator, i.e., what is E(Y1 / X1)? B2 + (B1 / X1), B2 * X1, none of the above.