When a Series Is Stationary, Weakly Dependent, and Has Serial

question 18

Multiple Choice

When a series is stationary, weakly dependent, and has serial correlation:

• A)the adjusted R² is inconsistent, while R² is a consistent estimator of the population parameter.
• B)the adjusted R² is consistent, while R² is an inconsistent estimator of the population parameter.
• C)both the adjusted R² and R² are inconsistent estimators of the population parameter.
• D)both the adjusted R² and R² are consistent estimators of the population parameter.

---

Definitions:

Welfare Payments

Financial assistance provided by the government to individuals or families in need, aimed at ensuring a minimum level of well-being.

Welfare System

A governmental system that provides financial aid and services to individuals and families in need.

Dependency

A relationship in which one entity relies on another for support or sustenance.

Taste-For-Discrimination Model

An economic theory that explains how personal bias and preferences can lead to differences in wages and employment opportunities for various groups.