Quantile Regression

question 1

Multiple Choice

Quantile regression

• A)estimates marginal effects at the mean values of the independent variables.
• B)results in biased estimates for skewed distributions.
• C)can be estimated in Excel.
• D)results in estimates approximating either the median or other percentiles of the dependent variable.

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Definitions:

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Provisions

Liabilities of uncertain timing or amount, set aside for future expenses or liabilities.

Timing

Refers to the selection of specific times for events to occur, which can influence the efficiency and effectiveness of operations, investments, and financial reporting.

Amount

A quantity of something, typically the total figured in numbers or unit of measure.