QUESTION 3 OF4 If the independent variable is a binary variable then which of th

Question

QUESTION 3 OF4 If the independent variable is a binary variable then which of the following is true? (See section 5.3.) SELECT ALL CORRECT OPTIONS O OPTION A 0O is a population mean for the group with a value of 1 for the independent variable O OPTION B B1 is the difference between two population means OPTION C pO is the difference between two population means O OPTION D 1 is a population mean for the group with a value of 0 for the independent variable QUESTION 4 OF 4 Which of the following is not a consequence of the 3 least squares assumptions in Chapter 4? SELECT ALL CORRECT OPTIONS OPTIONA The OLS estimators are consistent OPTION B The OLS estimators are approximately normally distributed in large samples. OPTION C The OLS estimators are unbiased O OPTION D The OLS estimators are efficient.

Explanation / Answer

Answer 3. Option B

Answer 4. OIption D

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