Ecs3706 exam pack Study guides, Class notes & Summaries

ECS3706 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!

ECS3706 EXAM PACK 2022 ECS3706 EXAM PACK 2022

Ecs3706 exam pack List any three uses of econometrics (3) 1. Describing economic reality 2. Testing hypothesis about economic theory 3. Forecasting future economic activity Briefly explain the meaning of the following (i)Regression analysis Regression analysis: a statistical technique that attempts to explain movements in one variable, the dependent variable, as a function of movements in a set of other variables, called the independent (or explanatory) variables, through the quantifica...

ECS3706 EXAM PACK 2023 List any three uses of econometrics? What is regression analysis? Explain the estimated regression equation? Explain total, explained and residual sum of squares? List the steps applied in regression analysis? Briefly explain what OLS means and what it tries to achieve. Why should researchers use it? What is the stochastic error term and why does it have to be included in a regression equation? What's the best way to avoid specification bias? What is specificatio...

ECS3706 EXAM PACK 2023

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ECS3706 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!