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