Question: 11.5 For the model described in Problem 11.4, suppose that the variance of U0j (i.e., 0 2 ) is estimated to be 0.2 and the
11.5 For the model described in Problem 11.4, suppose that the variance of U0j
(i.e., τ0 2
) is estimated to be 0.2 and the variance of U1j
(i.e., τ1 2
) is estimated to be 0.1.
a. Interpret these values in the context of this model and variables.
b. How do these variances inform your answers to Problem 11.4?
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