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Basic Question 0 of 8
One model specification principle that is the opposite of data mining is:
B. The model should be grounded in cogent economic reasoning.
C. The functional form chosen for the variables in the regression should be appropriate given the nature of the variables.
A. The model should be parsimonious.
B. The model should be grounded in cogent economic reasoning.
C. The functional form chosen for the variables in the regression should be appropriate given the nature of the variables.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the six components of the Code of Ethics and the seven Standards of Professional Conduct;
CFA® 2025 Level II Curriculum, Volume 6, Module 43.