Which of the Following Are Consequences of Using Non-Stationary Data

question 17

Multiple Choice

Which of the following are consequences of using non-stationary data in regressions?
(I) Shocks will be persistent
(II) It can lead to spurious regressions
(III) t-ratios will not follow a t-distribution
(IV) F-Statistic will not follow an F-distribution

• A) I only
• B) I and II only
• C) I, II and III only
• D) I, II, III and IV

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Definitions:

Antibiotic Ointment

A topical medication used to prevent or treat bacterial infections on the skin.

Sterile Field

A specified area, such as on an operating table, that is kept free of all microorganisms to prevent infection.

Surgical Procedure

A medical operation involving an incision with instruments; performed to repair damage or arrest disease in a living body.

Patient Chart

A medical record that contains the patient's health history, diagnosis, treatment plan, and progress notes maintained by healthcare professionals.