Category: Quizs

Posted on

In which of the following situations is the individual more likely to be classified as an independent contractor rather than an employee?

In which of the following situations is the individual more likely to be classified as an independent contractor rather than an employee?
A)a nurse who is directly supervised by doctors in an office
B)a computer programmer who is instructed as to what projects to undertake,programming language and format,and hours of work
C)a nurse who travels to several different patients; she sets her own hours and is responsible for the delivery of nursing care and end result
D)a teacher whose hours,classroom responsibilities,content and methods of instruction are established by the school

Posted on

Consider the model Yi – β1Xi + ui, where the Xi and ui the are mutually independent i.i.d. random variables with finite fourth moment and E(ui)= 0. (a)Let 1 denote

Consider the model Yi – β1Xi + ui, where the Xi and ui the are mutually independent i.i.d. random variables with finite fourth moment and E(ui)= 0.
(a)Let 1 denote the OLS estimator of β1. Show that ( 1- β1)= (b)What is the mean and the variance of ? Assuming that the Central Limit Theorem holds, what is its limiting distribution?
(c)Deduce the limiting distribution of ( 1 – β1)? State what theorems are necessary for your deduction.