ECO 351 - Business Statistics II - Problem Set 2

LemonKing
Quiz by LemonKing, updated more than 1 year ago
LemonKing
Created by LemonKing almost 7 years ago
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2

Description

Problem Set 2 from my ECO 351 - Business Statistics II/Introductory Econometrics course Spring 2015 at University of North Carolina at Greensboro.

Resource summary

Question 1

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: a. Yi = β0 + β1Xi + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients

Question 2

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: b. Yi = exp(β0) + β1Xi + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients

Question 3

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: c. Yi = β0 + β1Xi3 + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients

Question 4

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: d. lnYi = β0/β1 + β2Xi + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients

Question 5

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: e. Yi = β04 + β1Xi + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients

Question 6

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: f. Yi = ln(β0) + β1Xi2 + εi
Answer
  • Linear in the Variables
  • Linear in the Coefficients
  • Not Linear in Variables
  • Not Linear in Coefficients
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