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If the spherical errors assumption fails to hold, there are two problems with OLS. There is a better estimator available—one that is still unbiased, but is less sensitive to sampling variation (i.e., has lower standard errors). The formula we use to estimate the standard errors of OLS is invalid. Our confidence intervals and hypothesis tests will (usually) be overconfident, overstating the precision of our results. Spherical errors fails when we have either or both of: Heteroskedasticity and Autocorrelation
Swarn Jayanti Gram Swarozgar Yojana (SGSY) was launched by the Govt. of India with its effect from
Which initiative by the Indian government aims to connect APMC mandis for a unified national agricultural market, offering digital services to traders...
Which of the following entities is responsible for implementing the Pradhan Mantri Kisan Maan Dhan Yojana?
How many parameters are there to be tested under the Soil health card scheme?
What is the primary objective of the Kisan Credit Card (KCC) scheme for Animal Husbandry and Fisheries?
Which of the following statement regarding RMNCH+ Scheme is correct
A scientific process of converting organic matter into compost by earthworms is called ____
An irrigation project is called as medium irrigation project when CCA is
What is the funding pattern between the central government and state governments for RKVY for states other than northeastern and Himalayan states?
Which of the following parameter is not included in the Soil health card?