ECS4863 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 16 May 2025; 100% correct solutions and explanations.
ECS4863 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 16 May 2025; 100% correct solutions and explanations. Question 1: (15 marks) 1.1 Explain the concept of omitted variable bias and distinguish between positive and negative bias (4) 1.2 Explain in your own words how you test serial correlation with strictly exogenous variables (3) 1.3 Explain, in your own words, the concept of heteroscedasticity and implications for inferences in econometrics (4) 1.4 Explain in your own words what is meant by the following: (4) a) Covariance stationary process b) Sequential exogeneity Question 2: (5 marks) In this question you need to
Connected book
- 1985
- 9780674005600
- Unknown
Written for
- Institution
- University of South Africa
- Course
- Advanced Econometrics
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- May 1, 2025
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ecs4863 assignment 1 complete answers semester 1