Autocorrelation of the Error Terms

question 17

Multiple Choice

Autocorrelation of the error terms

• A)makes it impossible to calculate homoskedasticity only standard errors.
• B)causes OLS to be no longer consistent.
• C)causes the usual OLS standard errors to be inconsistent.
• D)results in OLS being biased.

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Definitions:

Obsessive-Compulsive Disorder

A mental disorder characterized by persistent unwanted thoughts (obsessions) and repetitive behaviors (compulsions).

Avoidance Learning

A learning process where a subject learns to prevent an unpleasant experience by taking specific actions.

Superstitions

Beliefs or practices resulting from ignorance, fear of the unknown, trust in magic or chance, or a misunderstanding of causation.

Obsessive-Compulsive Behaviors

Repetitive actions or mental acts that a person feels compelled to perform, often driven by irrational fears or thoughts.