i. Using MATRIX ALGEBRA prove the properties of OLS ( 8 Marks) estimates. ii. Results from...
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i. Using MATRIX ALGEBRA prove the properties of OLS ( 8 Marks) estimates. ii. Results from a logit model is given as InZ = 0.8 + 0.07X, find the probability the event occurred when X = 100 (5 Marks) Explain possible uses of Analysis of variance ( 4 Marks) Explain why OLS method may not be an iv. V. vi. appropriate estimation method of estimation when the dependent variable is a binary dummy variable ( 3 Marks) Explain the weaknesses of using indirect least square method ( 2 Marks) Explain the method of 2SLS and its merit ( 3 Marks) i. Using MATRIX ALGEBRA prove the properties of OLS ( 8 Marks) estimates. ii. Results from a logit model is given as InZ = 0.8 + 0.07X, find the probability the event occurred when X = 100 (5 Marks) Explain possible uses of Analysis of variance ( 4 Marks) Explain why OLS method may not be an iv. V. vi. appropriate estimation method of estimation when the dependent variable is a binary dummy variable ( 3 Marks) Explain the weaknesses of using indirect least square method ( 2 Marks) Explain the method of 2SLS and its merit ( 3 Marks)
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i To prove the properties of Ordinary Least Squares OLS estimates using matrix algebra we start with the linear regression model Y X where Y is the vector of dependent variables X is the matrix of ind... View the full answer
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date:
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