Consider the Following Regression Equation

question 22

Multiple Choice

Consider the following regression equation: . Which of the following indicates a functional form misspecification in E(y|x) ?

• A)Ordinary Least Squares estimates equal Weighted Least Squares estimates.
• B)Ordinary Least Squares estimates exceed Weighted Least Squares estimates by a small magnitude.
• C)Weighted Least Squares estimates exceed Ordinary Least Squares estimates by a small magnitude.
• D)Ordinary Least Square estimates are positive while Weighted Least Squares estimates are negative.

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Definitions:

Willful and Wanton

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False Imprisonment

The unlawful restraint of a person's freedom of movement, without consent or legal justification.

Probable Cause

A legal standard that refers to the requirement in criminal law that allows police to make an arrest, conduct a search, or seize property when there are reasonable grounds to believe a crime has been or is being committed.

Shopkeeper's Statute

refers to laws that give retail merchants or their employees the authority to detain suspected shoplifters under certain conditions.