Weighted Least Squares Estimation Is Used Only When _____

question 24

Multiple Choice

Weighted least squares estimation is used only when _____.

• A)the dependent variable in a regression model is binary
• B)the independent variables in a regression model are correlated
• C)the error term in a regression model has a constant variance
• D)the functional form of the error variances is known

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Definitions:

International Human Capital

Knowledge of global best practices, global industry standards, international trade laws, modular systems and processes, cross-border industry networks, and other experience applicable across multiple companies and countries.

Corporate Human Capital

Company-specific knowledge, skills, and abilities that transcend any particular location within the entire global company, not simply the collective knowledge of the staff at headquarters.

Location Specificity

Refers to the unique attributes or characteristics that are specific to a particular geographic location.

Company Specificity

Features or characteristics unique to a particular company that differentiate it from its competitors.