Question 1 Not yet answered Marked out of 1.00 Flag question Question text The adjusted R2 and unadjusted R2 are identical only when the unadjusted R2 is equal to 1 Select one: True False Question 2 Not yet answered Marked out of 1.00 Flag question Question text The way to determine whether a group of explanatory variables exerts significant influence on the dependent variable is to see if any of the explanatory variables has a significant t statistic; if not, they are statistically insignificant as a group Select one: True False Question 3 Not yet answered Marked out of 1.00 Flag question Question text When R2 = 1, F = 0, and when R2 = 0, F = infinite Select one: True False Question 4 Not yet answered Marked out of 1.00 Flag question Question text When the d.f. exceed 120, the 5% critical t value (two-tail) and the 5% critical Z (standard normal) value are identical, namely, 1.96. Select one: True False Question 5 Answer saved Marked out of 1.00 Flag question Question text In the model, if X2 and X3 are negatively correlated in the sample and, omitting X3 from the model will bias b2 downward [i.e., ] where b2 is the slope coefficient in the regression of Y on X2 alone Select one: True False Question 6 Answer saved Marked out of 1.00 Flag question Question text When we say that an estimated regression coefficient is statistically significant, we mean that it is statistically different from 1. Select one: True False Question 7 Answer saved Marked out of 1.00 Flag question Question text To compute a critical t value, we need to know only the d.f. Select one: True False Question 8 Answer saved Marked out of 1.00 Flag question Question text By the overall significance of a multiple regression we mean the statistical significance of any single variable included in the model. Select one: True False Question 9 Not yet answered Marked out of 1.00 Flag question Question text In a log-log model the dependent and all explanatory variables are not in the logarithmic form Select one: True False Question 10 Not yet answered Marked out of 1.00 Flag question Question text Elasticity coefficient is the unit change in the value of one variable for a (small) unit change in the value of another variable. For the log-log model, the slope coefficient of an explanatory variable gives a indirect estimate of the elasticity coefficient of the dependent variable with respect to the given explanatory variable Select one: True False