Total Page:2 KNU/2022/BSCHECOc601
UG 6th Semester Examination 2022
Award BSC(HONS).
Discipline: ECONOMICs
Course Type: Core Course (Honours)
Course Code: BSCHECoC601
Course Name: Basic Econometrics
Full Marks: 40 Time: 2 Hours
1. Answer any five questions. 5x1
a) What do you mean by pooled data?
b) Define regressor.
in Classical linear
c)What should be the value of the variance of the disturbance term
regression model?
d) What do you mean by coefficient of determination?
e)What is the value of covariance between explanatoryvariable and disturbance
term in Classical linear regression model?
Are the values of explanatory variables varying in a regression model?
g) Is the dependent variable assumed to be non-stochastic in a regression
h) Are the OLS estimators point estimators?
2. Answer any five questions. 5x2
a) What do you mean by the degrees of freedom in a linear regression model?
b) When is an estimator said to be efficient?
cWhat is the implication of the assumption that 'there is no linear relationship
among the regressors?
d)Which things are to be kept in mind to compare two models on the basis of their
goodness of fit ?
K1173
e) What do you
understand by Residual Sum of
Squares (RSS)'
) What is spatial autocorrelation?
g) What is VIF? As a rule
of thumb what should be the acceptable value or VIF?
h) What do you mean by
homoscedasticity?
3. Answer any three
questions. 3x5
a) Distinguish between population and
sample regression function. 5
b) Show that in a classical linear
regression model Y =
a +BXi +ui the least square
estimator of Bis unbiased.
c) Discuss the role of the stochastic
error term in
regression analysis. 5
d)What do you mean by autocorrelation? State the
consequences of autocorrelation. 1+4
e) What is multicollinearity? Discuss any four sources of
multicollinearity. 1+4
4. Answer any one question.
1x10
a) State the
assumptions of a two variable Classical linear
examine the implications of these regression model and
assumptions. 10
(b) What is heteroscedasticity? Discuss the consequences of
[Link] any one test by which heteroscedasticity can be
2+4+4 detected
(C) Distinguish between R and adjusted R. Using a two variable model show that
TSS=ESS+RSS.
4+6