If the Dependent Variable in a Regression Model Is Continuous

question 60

Multiple Choice

If the dependent variable in a regression model is continuous interval data,the analysis should employ

• A) multiple linear regression
• B) binary regression
• C) Poisson or count regression
• D) multinomial regression
• E) ordinal regression

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Definitions:

Rational Expectations Theory

An economic idea suggesting that individuals make predictions about the future based on all available information and past experiences, thereby impacting markets and the economy.

Fiscal Policies

Fiscal policies are government strategies involving taxation and spending decisions designed to influence economic conditions, including growth, inflation, and unemployment.

Monetary Policies

Economic strategies and decisions by a government or central bank to control the money supply and interest rates in an economy.

Conservative Economists

Economists who prioritize free market principles, limited government intervention, and fiscal conservatism in their analysis and policy recommendations.