Question

Decide if you agree or disagree with each of the following statements. Give abrief explanation of your decision:(A)Like observations in a cross-sectional data set, it is usually okay to assume that observationsfrom time-series data are independently distributed.(B)If the rst three Gauss-Markov assumptions are satis ed, OLS is unbiased when used on time-series data.(C)A trending variable cannot be used as the dependent variable in multiple linear regression anal-ysis.(D)Seasonality is not an issue when using annual time series observations