Topic 8: Asymptotics Flashcards
1
Q
Why is asymptotic theory used?
A
To provide tests that work when the distribution of errors are known only to be IID.
ECON3371 Econometrics > Topic 8: Asymptotics > Flashcards
Why is asymptotic theory used?
To provide tests that work when the distribution of errors are known only to be IID.