计量经济学导论课件及习题答案等教辅资源 Chapter 8.doc

PAGE 36 Copyright ? 2011 Pearson Education, Inc. Introduction to Econometrics, 3e (Stock) Chapter 8 Nonlinear Regression Functions 8.1 Multiple Choice 1) In nonlinear models, the expected change in the dependent variable for a change in one of the explanatory variables is given by A) △Y = f(X1 + X1, X2,... Xk). B) △Y = f(X1 + △X1, X2 + △X2,..., Xk+ △Xk)- f(X1, X2,...Xk). C) △Y = f(X1 + △X1, X2,..., Xk)- f(X1, X2,...Xk). D) △Y = f(X1 + X1, X2,..., Xk)- f(X1, X2,...Xk). Answer: C 2) The interpretation of the slope coefficient in the model Yi = β0 + β1 ln(Xi) + ui is as follows: A) a 1% change in X is associated with a β1 % change in Y. B) a 1% change in X is associated with a change in Y of 0.01 β1. C) a change in X by one unit is associated with a β1 100% change in Y. D) a change in X by one unit is associated with a β1 change in Y. Answer: B 3) The interpretation of the slope coefficient in the model ln(Yi) = β0 + β1Xi + ui is as follows: A) a 1% change in X is associated with a β1 % change in Y. B) a change in X by one unit is associated with a 100 β1 % change in Y. C) a 1% change in X is associated with a change in Y of 0.01 β1. D) a change in X by one unit is associated with a β1 change in Y. Answer: B 4) The interpretation of the slope coefficient in the model ln(Yi) = β0 + β1 ln(Xi)+ ui is as follows: A) a 1% change in X is associated with a β1 % change in Y. B) a change in X by one unit is associated with a β1 change in Y. C) a change in X by one unit is associated with a 100 β1 % change in Y. D) a 1% change in X is associated with a change in Y of 0.01 β1. Answer: A 5) In the case of regression with interactions, the coefficient of a binary variable should be interpreted as follows: A) there are really problems in interpreting these, since the ln(0) is not defined. B) for the case of interacted regressors, the binary variable coefficient represents the various intercepts for the case when the binary variable equals one. C) first set all explanat