Why Is It Helpful to Think About the Moment Conditions

question 21

Multiple Choice

Why is it helpful to think about the moment conditions of a simple linear regression even if OLS yields the same estimates?

• A) The moment conditions are easier to program in Excel.
• B) The moment conditions will get the smaller standard errors.
• C) The moment conditions establish causality whereas OLS just estimates correlation.
• D) The moment conditions facilitate assessing assumptions about causality.

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Definitions:

Divisional Structure

constitutes an organizational framework where divisions are established based on products, services, market geography, or customer types and operate semi-autonomously with their own resources.

Matrix Structure

is an organizational layout that assigns employees to projects and functional areas simultaneously, allowing for more dynamic and flexible team composition.

Team Leaders

Leaders who report to middle managers and supervise non-managerial workers.

Performance Accountability

The process of holding individuals or groups responsible for achieving specific outcomes or performance targets.