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MMLU-Pro / 7371 / Which of the following statements are true concerning a triangular or recursive…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of the following statements are true concerning a triangular or recursive system?

i) The parameters can be validly estimated using separate applications of OLS to

each equation


ii) The independent variables may be correlated with the error terms in other

equations


iii) An application of 2SLS would lead to unbiased but inefficient parameter estimates


iv) The independent variables may be correlated with the error terms in the equations

in which they appear as independent variables

category

economics

options

  1. (i), (ii), (iii), and (iv)
  2. (iii) and (iv) only
  3. (i), (ii), and (iii) only
  4. (i) and (iii) only
  5. (i), (iii), and (iv) only
  6. (ii) only
  7. (ii) and (iii) only
  8. (i) and (iv) only
  9. (i) and (ii) only
  10. (ii) and (iv) only

src

ori_mmlu-econometrics

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Source and history

Official source

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