ECON 388 Midterm: BYU ECON 388 e388_06_Spr_Exam2
Document Summary
Second exam: economics 388, econometrics spring 2006 in r. butler"s section. Section i (30 points) questions 1-10 (3 points each) Section ii (20 points) questions 11-12 (10 points each) Section iii (50 points) questions 13-14 (15 points each) Define or explain the following terms (3 points each: lagrange-multiplier test- 2. oblique vs. orthogonal projections-: law of large numbers-, central limit theorem-, female dummy variable coefficient in a wage equation-- 1: marginal effect from a logit regression (i. e, how to get. X i j: standardized beta coefficients-, instrumental variables -, f-statistic formula and what large values indicate, proof that the linear probability model is heteroskedastic- Some fun stuff: true, false or uncertain question: you are graded on your explanation and not on whether you guessed t or f correctly. 2 variables for each number of the panel data set (so called fixed effects ), we obtain an extraneous estimator of the fixed effects coefficient.
