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