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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
A company invests in different assets simultaneously in order to reduce risks. What is this strategy called?
Anyone who wants to be a Depository Participant needs to be registered with:
What does the BRSR Core represent?
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1) Derivatives are financial instruments that deriv...
When did Financial Stability Board come into existence?
Calculate the Debt/Equity Ratio of the company from the above information.
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. Th...
Micro Finance Development and Equity Fund is administered by:
How could the company, ABC Ltd, have made Ram stay in the company?