Significant _________ May Exist When the Overall F Statistic Is

question 134

Multiple Choice

Significant _________ may exist when the overall F statistic is significant and the individual t statistics for all independent variables are insignificant.

• A)Autocorrelation
• B)Independence
• C)Multicollinearity
• D)Outliers

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Definitions:

LDCs

LDCs, or Least Developed Countries, are countries that have been classified by the UN due to their low GDP per capita, weak human assets, and high degree of economic vulnerability.

NICs

Newly Industrialized Countries, nations that have recently experienced rapid industrial growth and show signs of moving from a mainly agricultural to an industry and manufacturing-based economy.

Net National Savings Rate

A measure of the total savings of an economy after taking into account depreciation, expressed as a percentage of Gross National Product (GNP).

Industrial Nations

Countries that are highly developed and have a major portion of their economy based on manufacturing and industry.