Question: C8.1 Consider the following model to explain sleeping behavior: sleep = B+ Btotwrk + Beduc + Bage + Bage + Byngkid + B male +

C8.1 Consider the following model to explain sleeping behavior: sleep = B+ Btotwrk + Beduc + Bage + Bage + Byngkid + B male + u. (i) Write down a model that allows the variance of u to differ between men and women. The variance should not depend on other factors. (ii) Use the data in SLEEP75.RAW to estimate the parameters of the model for heteroskedasticity. (You have to estimate the sleep equation by OLS, first, to obtain the OLS residuals.) Is the estimated variance for men or for women? (iii) Is the variance of u statistically different for men and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Econometrics Questions!