A student wants to study whether there is any relationship between the amount of calories (C) consumed by the cattle and their weight (Y). He selects a random sample of 150 cattle and asks their caretakers about their calorie intake. Consider the following regression function: + uj, :- = Po +P, G, + v, where v; = B1 (C; - C;) + u; and Bo and ß, denote the intercept and the slope coefficient on C;, respectively. The population regression equation written in terms of C; has an error term that contains the measurement error, the difference between C; and C;. Suppose the student discovers that the measured value, C;, equals the actual, unmeasured value, C¡, plus a purely random component, w;. Suppose the variance of C; (o) and the variance of w; (o) are 0.09 and 0.04, respectively. Then, under the classical measurement error model, as the sample size increases, the value to which the slope estimator will converge to is B1. (Round your answer to two decimal places.)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 8E
icon
Related questions
Question
A student wants to study whether there is any relationship between the amount of calories (C) consumed by the cattle and their weight (Y). He selects a random
sample of 150 cattle and asks their caretakers about their calorie intake.
Consider the following regression function:
Y; = Po +B, C; + B, (c,
+ Uj,
-
+
= Bo + B, C, + v,
where v; = B1
C; +u; and Bo and B, denote the intercept and the slope coefficient on C;, respectively.
-
The population regression equation written in terms of C; has an error term that contains the measurement error, the difference between C; and C;. Suppose the
student discovers that the measured value, C;, equals the actual, unmeasured value, C;, plus a purely random component, W;.
Suppose the variance of C; (o) and the variance of w; (om)
are 0.09 and 0.04, respectively.
Then, under the classical measurement error model, as the sample size increases, the value to which the slope estimator will converge to is B1.
(Round your answer to two decimal places.)
Transcribed Image Text:A student wants to study whether there is any relationship between the amount of calories (C) consumed by the cattle and their weight (Y). He selects a random sample of 150 cattle and asks their caretakers about their calorie intake. Consider the following regression function: Y; = Po +B, C; + B, (c, + Uj, - + = Bo + B, C, + v, where v; = B1 C; +u; and Bo and B, denote the intercept and the slope coefficient on C;, respectively. - The population regression equation written in terms of C; has an error term that contains the measurement error, the difference between C; and C;. Suppose the student discovers that the measured value, C;, equals the actual, unmeasured value, C;, plus a purely random component, W;. Suppose the variance of C; (o) and the variance of w; (om) are 0.09 and 0.04, respectively. Then, under the classical measurement error model, as the sample size increases, the value to which the slope estimator will converge to is B1. (Round your answer to two decimal places.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt