Describe the errors-in-variables problem in econometrics and its consequences for the least squares estimator.
Question:
Describe the "errors-in-variables" problem in econometrics and its consequences for the least squares estimator.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
ErrorsinVariables Problem in Econometrics The errorsinvariables problem arises in econometrics when the variables used in a regression model are measu...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
Question Posted:
Students also viewed these Business questions
-
"internet radios" for streaming audio, and personal video recorders and players. Describe design and evaluation processes that could be used by a start-up company to improve the usability of such...
-
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
-
In a Hopfield neural network configured as an associative memory, with all of its weights trained and fixed, what three possible behaviours may occur over time in configuration space as the net...
-
How would one do the following in excel? PROJECT STEPS Donnie Cruz is a finance assistant for Oval Lake Hospital in south Florida. His current project is to format departmental data for the years...
-
Discuss the kinds of 'off the peg' research a marketer can buy in to that is useful in marketing communications' terms.
-
Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On June 30, 20Y6, the end of the current year, the accountant for Good Note prepared the...
-
A steel punch can apply maximum compressive load \(1000 \mathrm{kN}\). Find the minimum diameter of the hole, which can be punched through a \(10 \mathrm{~mm}\) thick steel plate. Assume ultimate...
-
Thomas is an employer with one employee, Sarah. Sarahs wages are $19,450, and the state unemployment tax rate is 5.4 percent. Calculate the following amounts for Thomas: a. FUTA tax before the state...
-
List any four applications of KNN. Explain with Example
-
In the regression model \(y=\beta_{1}+\beta_{2} x+e\), assume \(x\) is endogenous and that \(z\) is a valid instrument. In Section 10.3.5, we saw that \(\beta_{2}=\operatorname{cov}(z, y) /...
-
The labor supply of married women has been a subject of a great deal of economic research. Consider the following supply equation specification where HOURS is the supply of labor, WAGE is hourly...
-
In Exercises perform the indicated operations and simplify. 4 3x 3 X
-
3. Consider the regular octagon (an eight-sided figure) to the right. [3] (a) How many lines of symmetry does a regular octagon have? Describe them. A drawing may help. [4] (b) How can you find out...
-
Maximus Holdings Ltd is a large project engineering company. The company has an annual turnover for the year ended 30 June 2021 of $7.2 billion. On 2 February 2021, the company purchased the...
-
The average rent in a city is $1,220 per month with a standard deviation of $310. Assume rent follows the normal distribution. [You may find it useful to reference the z table.] a. What percentage of...
-
Details of Task: The COVID-19 pandemic is considered a major disruptor to the way managers communicate with their employees and external stakeholders (e.g. clients, suppliers, etc.). Make a critical...
-
Consider the following Java program (where n = a.length, and we assume that n 5): 1 void duplicatePrint (int[] a, int n) { 2 for (int i = 0; i < n; i++) { 3 4 8 9} } for (int j = 0; j < i; j++) { for...
-
Sketch the EPR spectra of the di-tert-butyl nitroxide radical (10) at 292 K in the limits of very low concentration (at which electron exchange is negligible), moderate concentration (at which...
-
Do public and private companies follow the same set of accounting rules? Explain.
-
1. A monopolistic pharmaceuticals company produces a patented drug. In one year, it could sell 400 000 prescriptions at a price of $20, or instead it could sell 500 000 prescriptions at a price of...
-
Make a case for the approach you think more clearly explains the measurement of GDP: income vs expenditure. Clearly articulate the flaws in the measurement of GDP as it pertains to the Canadian...
-
Consider the initial value problem y(t) = 2+ y(t), y(0) = 0, == and suppose you wish to solve it up to time T = 1. Apply both the second-order Runge-Kutta method (RK2) with parameters = 2 1/2, a = v...
Study smarter with the SolutionInn App