Welcome to your Econometrics Quiz 1.1!
Note: You will be given 20 minutes to solve 25 MCQs. The quiz will be automatically submitted once the time expires.
1. The role of mathematics in econometrics is to:
2. Which data is collected directly by the researcher?
3. Data containing observations on same several units over several time periods is called:
4. Which of the following best describes pooled data?
5. Which of the following is a limitation of econometrics?
6. Residual in regression is calculated as:
7. Panel data is also known as:
8. Which of the following is a major difference between econometrics and statistics?
9. Who coined the term Econometrics?
10. Which data is already available from published sources?
11. Which of the following is NOT a component of econometrics?
12. Which of the following is an example of cross-sectional data?
13. The role of statistics in econometrics is to:
14. Data collected at one point in time for several individuals is called:
15. Which field provides numerical estimates of economic relationships?
16. Data on Quarterly GDP of Pakistan from 2020 to 2024 is an example of:
17. Econometrics is mainly concerned with:
18. Crime index, corruption index and unemployment of 30 countries from 2000 to 2023 is an example of:
19. Economic theory differs from econometrics because economic theory:
20. Econometricians are mainly interested in:
21. A panel is called balanced when:
22. Economic statistics is primarily concerned with:
23. Which data type records observations over time for one variable?
24. The first Nobel Prize in Economic Sciences was given to …
25. Which of the following statements best explains the scope of econometrics?
Congratulations on completing the quiz!
— Department of Economics, Govt. Graduate College Jauharabad
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