Course Code eco454 Question --------- shows the relationship among three or more variables Answer Multiple Linear model Question --------- defined model as any set of assumption and relationships which approximately describe the behaviour of an economy or a sector of an economy Answer Bergstron Question --------- describes the way in which economic variables are interrelated Answer Economic model Question Before the estimated model can be put to use, it is necessary to test its ----------- Answer forecasting power Question ---------- gives the model a precise form with appropriate signs of the parameters for easy analysis Answer Model estimation Question The -------- allows the researcher to have an idea of the interdependence of the variables under study Answer theoretical knowledge Question ---------- presupposes knowledge of economic theory and the familiarity with the particular phenomenon under investigation, Answer Model Formulation Question The stage that involve expressing economic relationships between the given variables in mathematical form is known as ------ Answer Model Formulation Question A good knowledge of ---------- will assist in identifying the econometric research structure and the characteristics associated with it Answer economic theory Question In econometric research there are ------- main stages. Answer four Try Another Search