Let there be a scatterplot such that the E(ylx) = 3 for all x, where the...

   

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Let there be a scatterplot such that the E(ylx) = 3 for all x, where the variance is not equal to zero, and E(elx)=0 where e is errors. a. (5 Points) Draw this scatterplot (including trendline) with heteroscedasticity. b. (3 Points) Draw this scatterplot (including trendline) with homoscedasticity. c. (2 Points) Assume we ran an OLS regression. What would our B, be approximately equal to? Why? d. (3 Points) Assume we ran an OLS regression. What would our B, be approximately equal to? Why? e. (2 Points) Would B, likely be considered significant? Why? Let there be a scatterplot such that the E(ylx) = 3 for all x, where the variance is not equal to zero, and E(elx)=0 where e is errors. a. (5 Points) Draw this scatterplot (including trendline) with heteroscedasticity. b. (3 Points) Draw this scatterplot (including trendline) with homoscedasticity. c. (2 Points) Assume we ran an OLS regression. What would our B, be approximately equal to? Why? d. (3 Points) Assume we ran an OLS regression. What would our B, be approximately equal to? Why? e. (2 Points) Would B, likely be considered significant? Why?

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