Consider a sample of 20 observations of the model Yi = a+BXi +ui, where the errors...
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Consider a sample of 20 observations of the model Yi = a+BXi +ui, where the errors are such that ui~ N(0,02) e independent and identically distributed. This sample yields the following data: EYI = 21.9; Σ(Yi-Y )2 = 86.9; Σ(Yi-Y)(XI-X) = 106.4; EXi = 186.2; E(Xi -X)2 = 215.4. a) Find the estimators a^ and B^. b) Find the estimated standard deviations for a^ and B. c) Area and B statistically different from zero at the 95% confidence level? With a confidence level of 99%? Consider a sample of 20 observations of the model Yi = a+BXi +ui, where the errors are such that ui~ N(0,02) e independent and identically distributed. This sample yields the following data: EYI = 21.9; Σ(Yi-Y )2 = 86.9; Σ(Yi-Y)(XI-X) = 106.4; EXi = 186.2; E(Xi -X)2 = 215.4. a) Find the estimators a^ and B^. b) Find the estimated standard deviations for a^ and B. c) Area and B statistically different from zero at the 95% confidence level? With a confidence level of 99%?
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Answer rating: 100% (QA)
a here Yi Y Xi XXi X2 106421540494 and a Yi BEXi 2192004941862... View the full answer
Related Book For
Introduction to Econometrics
ISBN: 978-0133595420
3rd edition
Authors: James H. Stock, Mark W. Watson
Posted Date:
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