IGNOU BECE 142 SOLVED ASSIGNMENT

Ques 1.

Explain with illustrations the various steps involved in econometric methodology. What are the consequences of omitting a relevant explanatory variable in a regression model?

Ques 2.

A research study intends to examine the impact of self-employment scheme for rehabilitation of manual scavengers. Suggest an appropriate research design to undertake such a study giving reasons the kind of research design you have suggested.

Ques 3.

Given the following model:

Where D₁=0 for the first 20 observations and D₁=1 for the remaining 30 observations. You are also told that var (u²_i)=300.

(a) How would you interpret ẞ₁ and ẞ2?

(b) What are the mean values of the two groups?

Ques 4.

What do you mean by the term 'lags' in the context of economic data? Explain the various methods to estimate the distributed lag models.

Ques 5.

Distinguish between ordinary least square method and indirect least square method of estimation. Specify the conditions under which indirect least method is applied.

Ques 6.

Consider the following Keynesian model of income determination

Where,

C= Consumption expenditure

I=Investment expenditure

Y=Income

G=Government expenditure

G₁ and Yt-1 are assumed predetermined

(a) State the reduced form equations and determine which of the preceding equations are identified.

(b) Which method will you use to estimate the parameters of the over identified equation and of the exactly identified equation? Justify your answer.

Ques 7.

What is panel data? Explain the main advantages of panel data over 'pooled data'. 

Ques 8.

Explain with illustration the computation process of fixed effect estimation method. 

Ques 9.

 Differentiate between type I and type II errors. Which among them is relatively a serious one?

Ques 10.

Logit Model and probit model.

Ques 11.

Fixed effect Model and Random effect model.

Ques 12.

One way ANOVA and two way ANOVA.

Ques 13.

Heteroscedasticity and homoscedasticity.

Ques 14.

Autocorrelation

Ques 15.

Empirical Research.

Ques 16.

 Statistical function.

Ques 17.

Multicollinearity

Ques 18.

Explain with illustrations the various steps involved in econometric methodology. What are the consequences of omitting a relevant explanatory variable in a regression model?

Ques 19.

A research study intends to examine the impact of self-employment scheme for rehabilitation of manual scavengers. Suggest an appropriate research design to undertake such a study giving reasons the kind of research design you have suggested.

Ques 20.

Given the following model:

Where D₁=0 for the first 20 observations and D₁=1 for the remaining 30 observations. You are also told that var (u²_i)=300.

(a) How would you interpret ẞ₁ and ẞ2?

(b) What are the mean values of the two groups?

Ques 21.

What do you mean by the term 'lags' in the context of economic data? Explain the various methods to estimate the distributed lag models.

Ques 22.

Distinguish between ordinary least square method and indirect least square method of estimation. Specify the conditions under which indirect least method is applied.

Ques 23.

Consider the following Keynesian model of income determination

Where,

C= Consumption expenditure

I=Investment expenditure

Y=Income

G=Government expenditure

G₁ and Yt-1 are assumed predetermined

(a) State the reduced form equations and determine which of the preceding equations are identified.

(b) Which method will you use to estimate the parameters of the over identified equation and of the exactly identified equation? Justify your answer.

Ques 24.

What is panel data? Explain the main advantages of panel data over 'pooled data'. 

Ques 25.

Explain with illustration the computation process of fixed effect estimation method. 

Ques 26.

 Differentiate between type I and type II errors. Which among them is relatively a serious one?

Ques 27.

Logit Model and probit model.

Ques 28.

Fixed effect Model and Random effect model.

Ques 29.

One way ANOVA and two way ANOVA.

Ques 30.

Heteroscedasticity and homoscedasticity.

Ques 31.

Autocorrelation

Ques 32.

Empirical Research.

Ques 33.

 Statistical function.

Ques 34.

Multicollinearity

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