A Regression Specification Must Include

question 59

Multiple Choice

A regression specification must include

• A)the functional relationship between dependent and explanatory variables.
• B)the estimated coefficients.
• C)the estimated t-statistic.
• D)All of the above.

---

Definitions:

Risks

Potentials for loss, harm, or unwanted outcomes associated with certain actions or decisions.

Driving Carefully

A behavioral practice that involves adhering to road safety rules and exercising caution while operating a vehicle to minimize the risk of accidents.

Psychological Health

A state of well-being in which an individual realizes his or her own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to his or her community.

Well-being

The state of being comfortable, healthy, or happy, encompassing physical, psychological, and social aspects.