For the Polynomial Regression Model

question 49

Multiple Choice

For the polynomial regression model,

• A)you need new estimation techniques since the OLS assumptions do not apply any longer.
• B)the techniques for estimation and inference developed for multiple regression can be applied.
• C)you can still use OLS estimation techniques, but the t-statistics do not have an asymptotic normal distribution.
• D)the critical values from the normal distribution have to be changed to 1.96², 1.96³, etc.

---

Definitions:

Justification

The process or reasons given to demonstrate something is reasonable or necessary, often used to show that an action or decision is appropriate.

Premise

A premise or proposition that serves as the groundwork for a conclusion that is drawn from it.

Conclusion

The final part of something, particularly an argument or a logical reasoning process; the outcome that follows logically from premises.

DS

Could refer to multiple concepts depending on context; in computing, often shorthand for Directory Services.