Question: 11.3 For the model described in Problem 11.2, suppose that the variance of U0j (i.e., 0 2 ) is estimated to be 0.3. a. Interpret

11.3 For the model described in Problem 11.2, suppose that the variance of U0j

(i.e., τ0 2

) is estimated to be 0.3.

a. Interpret this value in the context of this model and variables.

b. How does this variance inform your answers to Problem 11.2?

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