Which of the Following Is True of the OLS T

question 13

Multiple Choice

Which of the following is true of the OLS t statistics?

• A)The heteroskedasticity-robust t statistics are justified only if the sample size is large.
• B)The heteroskedasticty-robust t statistics are justified only if the sample size is small.
• C)The usual t statistics do not have exact t distributions if the sample size is large.
• D)In the presence of homoscedasticity,the usual t statistics do not have exact t distributions if the sample size is small.

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Definitions:

Transaction

An exchange or transfer of goods, services, or funds between two or more parties.

Contract for the International Sale of Goods

A set of rules governing the sale of goods between parties based in different countries, aiming to provide a common legal framework.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that provides a uniform set of rules for the international sale of goods.

Writing Requirement

A legal requirement that certain kinds of contracts or agreements must be memorialized in written form to be legally binding.