If the starting date of the data set is 2000 and the ending is 2020 and no of cross-sectional units is 7 then which of the following is true?

• A) There are 149 no. Of observations.
• B) There are 146 no. Of observations.
• C) There are 147 no. Of observations.
• D) There are 148 no. Of observations.

Let us assume that Y0 = $100 in a passbook account in a bank and r = 0.06, or 6 percent. By using the compound interest rate formula the amount of growth at second year will be:

• A) Y1 = 112.36
• B) Y1 = 104
• C) Y1 = 106
• D) Y1 = 108

In which of the following there exists theoretical relationship?

• A) All of the given options.
• B) The relationship between inflation and unemployment.
• C) The relationship between inflation and no.of birds.
• D) The relationship between GDB and no.of birds.

If we have the following two models: Model C: Y = α1 + α2X2 + α3X3 + u Model D: Y = β1 + β2Z2 + β3Z3 + v Which one of the following is true?

• A) All of the given options.
• B) Model C is nested in Model D.
• C) Model C is non-nested in Model D.
• D) Model D is nested in Model C.

Which one of the following is used to check the structural break point in the data set if it is not known in advance?

• A) Recursive Least Square regression.
• B) Chow test.
• C) Chi-square test.
• D) F-test.

Y = β1 + β2X2 + ·· ·+βkXk + u is a k variable regerssion model. In this model we keep the variable Xk in the model only if:

• A) Its p-value is less than alpha.
• B) Its t-value is greater than two.
• C) All of the given options.
• D) It is significant.

Starting with a smaller model and expanding it as one goes along is a strategy of building a model which is called:

• A) Bottom-down approach.
• B) None of the given options.
• C) Top-down approach.
• D) Bottom-up approach.

This is the output window of Unit root test at level for Export series. Which of the following is true?

• A) This shows that the series is non-stationary as p-value is insignificant.
• B) None of the given options.
• C) This shows that the series is stationary as the p-value is significant.
• D) This shows that the series is non-stationary with a constant and linear trend.

We can analyze the cross section effect in a Panel data by using which of the following:

• A) All of the given options
• B) View→Fixed/Random Effects→Period Effects
• C) View→Fixed/Random Effect Testing→Hausman test
• D) View→Fixed/Random Effects→Cross-section Effects

ln Yi = B1 + B2 ln Xi + ui is a regression model. In this model B2 represents:

• A) All of the given options.
• B) Intercept term.
• C) Residual term.
• D) Slope coefficient of Y with respect to X.

If all the variables of interest under study are integrated at order I(1) then which of the following approach for estimation is appropriate?

• A) ARDL
• B) OLS
• C) None of the given option.
• D) Johansen Cointegration

Which of the following Panel data is available on WDI?

• A) East Asia and Pacific
• B) All of the given options
• C) Euro Area
• D) Europe and Central Asia

Regression-through-the-origin is an example of which of the following models?

• A) The model having an intercept term is equal to two.
• B) The model having an intercept term is equal to one.
• C) The model having an intercept term is equal to three.
• D) The model having an intercept term is equal to zero.

The type of relationship which exists between the dependent and independent variables can be detected by:

• A) Pie Chart.
• B) All of the given options.
• C) Histogram.
• D) Scatter plot.

Under-fitting a model cause which of the following?

• A) Incorporating the unnecessary variables.
• B) All of the given options.
• C) Omitting relevant variables.
• D) Including the irrelevant variables.

The Trial and Error method is used for the estimation of:

• A) Intrinsically linear regression model.
• B) Non-linear regression model.
• C) All of the given options.
• D) Linear regression model.

Which one of the following is a source of data for Economical variables?

• A) All of the given options.
• B) IFS(International Financial Statistics).
• C) World development Indicator.
• D) Asian Development Bank.

Let us consider that Y is a variable on poverty then which one of the following models is used to measure the poverty rate?

• A) Yt = B1 + B2t + ut
• B) ln Yt = B1 + B2t + ut
• C) All of the given options.
• D) Yt = B1 + B2lnt + ut

Which of the following is the alternate hypothesis Housman test?

• A) OLS model is appropriate.
• B) None of the given options.
• C) Random effect model is appropriate.
• D) Fixed effect model is appropriate.

Y = B1 + B2X + B3X2 is quadratic function in which Marginal cost is a function of Output and it has u-shaped curve. Which of the following is true about this function?

• A) B2 > 0 and B3 < 0
• B) B2 < 0 and B3 > 0
• C) B2 < 0 and B3 < 0
• D) B2 > 0 and B3 > 0