ECS3706 Econometrics (ECS3706)

ECS3706 EXAM PACK 2023

ECS3706 EXAM PACK 2023

ECS3706 EXAM PACK 2023

Recent exam questions and answers and summarized notes for exam preparation.

ECS3706 EXAM PACK 2023

ECS3706 EXAM PACK 2022 ECS3706 EXAM PACK 2022

ECS3706 EXAM PACK 2022 ECS3706 EXAM PACK 2022

ECS3706 exam pack. 2 ECONOMETRICS STUDY PACK MAY/JUNE 2016 Question 1 (a) (i) Describing economic reality (ii) Testing hypothesis about economic theory (iii) Forecasting future economic activity (b) (i) regression analysis is used to make quantitative estimates of economic relationship that previously have been completely theoretical in nature. (ii) usually population size may be too large or unknown therefore inference is made on the sample drawn from the population using the estimat...

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 - Econometrics Questions And Answers With Summary Notes. LEARNING UNIT 1: An overview of regression analysis 1.1 What is econometrics? 1.2 Uses of econometrics 1.3 What is regression analysis? 1.4 A simple example of regression analysis 1.5 Using regression analysis to explain housing prices LEARNING UNIT 2: Ordinary least squares (OLS) 2.1 Estimating single-independent-variable models with OLS 2.2 Estimating multivariate regression models with OLS 2.3 Evaluating the quality of ...