Order Description
Question 1:
Economic theory provides a basis for which variables are relevant and should be included in an econometric model. But econometrics provides tools to estimate ____________________ which tells us ________________________________
a. a model, the functional form that should be used.
b. causality, why it happens that way
c. a parameter, how much or to what degree things change
d. variables, the probability of a specific outcome.

Queston 2:
Which of the following statements about the standard normal distribution is NOT true?
a. µ=0 , s2 = 1
b. it can be used to find probability intervals for any normal distribution
c. it is symmetric
d. it is derived from repeated sampling of naturally occurring phenomena

Order Description
Question 1:
Economic theory provides a basis for which variables are relevant and should be included in an econometric model. But econometrics provides tools to estimate ____________________ which tells us ________________________________
a. a model, the functional form that should be used.
b. causality, why it happens that way
c. a parameter, how much or to what degree things change
d. variables, the probability of a specific outcome.

Queston 2:
Which of the following statements about the standard normal distribution is NOT true?
a. µ=0 , s2 = 1
b. it can be used to find probability intervals for any normal distribution
c. it is symmetric
d. it is derived from repeated sampling of naturally occurring phenomena