Explore BrainMass

Multiple Choice Economics

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

The presence of autocorrelation leads to all of the following undesirable consequences in the regression results except:

a the least-squares estimates of the regression coefficients will be biased

b the t-statistics may yield incorrect conclusions concerning the significance of the individual independent variables

c overall measures of the goodness-of-fit and explanatory power of the regression model (such as r-square and F-tests)will no longer provide reliable information as to the significance of the economic relationship

d the least-squares procedure will tend to underestimate the sampling variances of the estimates of the regression coefficients

e both a and b

© BrainMass Inc. brainmass.com October 16, 2018, 5:57 pm ad1c9bdddf

Solution Summary

The solution answers the question(s) below.

Similar Posting

Economic Questions

Please see the attached file.

View Full Posting Details