一只可爱的猪 · 2021年04月25日

cross section呢

1. CFA II
2. Quantitative

* 问题详情，请 查看题干

NO.PZ201512020300000202

问题如下：

2. Did Batten’s regression analyze cross-sectional or time-series data, and what was the expected value of the error term from that regression?

选项：

Data Type

Expected Value of Error Term

A.

Time-series

0

B.

Time-series

εi

C.

Cross-sectional

0

解释：

A is correct.

because the data are time series, and the expected value of the error term, E(Ԑ), is 0.

那么cross section的error value呢？