Question: Using only the nonlimit observations, repeat Exercise 2 in the context of the truncated regression model. Estimate and by using the method of
Using only the nonlimit observations, repeat Exercise 2 in the context of the truncated regression model. Estimate μ and σ by using the method of moments estimator outlined in Example 19.2. Compare your results with those in the previous exercises.
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The log likelihood for the truncated regression with only a constant term is Once again transf... View full answer
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