When the error term is not normally distributed, then is sometimes called the:
A)asymptotic standard error.
B)asymptotic t statistic.
C) asymptotic confidence interval.
D) asymptotic normality.

Question

When the error term is not normally distributed, then  ​ is sometimes called the:
A)​asymptotic standard error. 
B)​asymptotic t statistic. 
C) ​asymptotic confidence interval. 
D) ​asymptotic normality.

Quizplus · Accepted Answer

When the error term is not normally distributed, the standard error can still be estimated using the maximum likelihood method, but it is no longer a true standard error. Instead, it is known as the asymptotic standard error because it is only approximately valid for large sample sizes. When the error term is not normally distributed, then 11eab06d_250f_12c1_beed_6f9f5d630e62_TB2133_11 u200bis sometimes called the asymptotic standard error.

When the Error Term Is Not Normally Distributed, Then