A Statistical Model That Assumes That the Value of a Variable

question 56

Multiple Choice

A statistical model that assumes that the value of a variable at any date depends on its own past values, plus the past values of other variables, plus an error term is known as a

• A)vector autoregression (VAR) model.
• B)univariate time-series model.
• C)structural VAR model.
• D)structural equilibrium model.

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Definitions:

Highest Score

The maximum score obtained in a set of observations, test results, or other forms of measurement.

Central Tendency

A statistical measure that identifies the middle or central value of a data set, represented by mean, median, or mode.

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The future value at which an asset can be sold, based on its depreciation or appreciation over time.

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