In econometrics, we typically do not rely on exact or finite sample distributions because a. we have approximately an infinite number of observations (think of re-sampling).
b. variables typically are normally distributed.
c. the covariances of are typically not zero.
d. asymptotic distributions can be counted on to provide good approximations to the exact sampling distribution (given the number of observations available in most cases).
Correct Answer:
Verified
Q25: The sample average is a random
Q26: To infer the political tendencies of the
Q27: What is the probability of the
Q28: The table accompanying lists the joint
Q29: Math and verbal SAT scores are each
Q31: Think of the situation of rolling two
Q32: Consistency for the sample average
Q33: The following problem is frequently encountered
Q34: The mean of the sample average
Q35: The accompanying table shows the joint
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents