Which of the Following Statements Is True

question 7

Multiple Choice

Which of the following statements is true?

• A)OLS estimates in censored regression models are consistent estimators of the population coefficients.
• B)In a truncated regression model, the samples are not included randomly from an underlying population but are based on a given rule.
• C)In a censored regression model, units in the sample are taken from a particular subset of the population.
• D)Maximum likelihood estimators are consistent in truncated regression models even if there is nonnormality or heteroskedasticity in the error terms.

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Demand

The desire coupled with the purchasing power for specific goods or services in a given economic marketplace.

Income

Money received on a regular basis from work, investments, business, etc., used to fund a person’s living expenses.

Video Tapes

An outdated magnetic tape storage format for recording analog audio and analog video signals, typically used for consumer video recording.

Garbage

Waste material that is discarded by humans, typically due to its inability to be used again or lack of perceived value.