MECE 001 Solved Assignment 2022-23
ECONOMETRIC METHODS
MECE 001 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.
Course Code: MECE 001
Asst. Code: MECE 001/AST/2022-23
Maximum Marks: 100
Note:
Answer all the questions.
SECTION A
Answer
the following questions in about 700 words each. The word limits do not apply
in case of numerical questions. Each question carries 20 marks.
1. What
do you understand by autocorrelation? What are the consequences of
autocorrelation? How do you detect autocorrelation in a data set? Explain the
steps you would follow to remove the problem of autocorrelation.
2.
Consider the multiple regression models in its standard matrix form. Show that
OLS estimators are Best Linear Unbiased Estimators (BLUE).
SECTION B
Answer
the following questions in about 400 words each. Each question carries 12
marks.
3. What
is meant by heteroscedasticity? Explain one of the remedial measures for the
problem of heteroscedasticity.
4. What
is meant by identification problem in a simultaneous equation system? How to
decide whether an equation is identified?
5. What
is meant by indirect least squares (ILS) method? Explain how the following
model can be estimated using this method?
Demand
function: 𝑄௧ = 𝛼ା𝛼ଵ𝑃௧ + 𝛼ଶ𝑥௧ + 𝑢ଵ௧
Supply
function: 𝑄௧ = 𝛽ା𝛽ଵ𝑃௧ + 𝑢ଶ௧
where Q
= quantity, P = Price, and X = income.
6.
Explain the steps followed in estimation of parameters through the method of Generalised
least squares (GLS).
7.
Explain the concept of multicollinearity. What are its consequences on
estimates? What remedial measures would you suggest for problem of
multicollinearity?
MECE 001 Solved
Assignment 2022-23 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
MECE 001 Solved Assignment 2022-23, MECE 001
Solved Assignment 2022-23, MECE 001 Solved Assignment 2022-23, MECE
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MECE 001 Solved
Assignment 2022-23 :- Those students who had successfully submitted their
Assignments to their allocated study centers can now check their Assignment
Status. Alongside --assignment status, they will also checkout their assignment
marks & result. All this is often available in a web mode. After submitting
the assignment, you'll check you MECE 001 Solved Assignment 2022-23 only after
3-4 weeks. MECE 001 Solved Assignment 2022-23 it'd take 40 days to declare MECE
001 Solved Assignment 2022-23
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