MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
Bartleby Related Questions Icon

Related questions

Question

Give me answer please...

Consider the regression model with the heterogeneous coefficient.
Y₁ = Boi + B₁X₁ + %₁
where (v₁, X₁. Boi, B₁) are i.i.d random variables with Bo= E (Bo) and B₁ = E (B₁)
It is possible to show
that the model can be written as Y, = Bo + B₁X₁ + u, where u, =
(Bu-Bi Xitô
= (Bor-Bo) +
And, it is also possible to show that E[u[X]=0 when we assume
that E (Boi Xi) Bo. E (BX) = B₁, and E (v₁|X₁) = 0.
(you don't need to prove these results here.) Based on these results, we can conclude
that under the current setting, regression of Y on X and an intercept will yield a
consistent estimation of the ( ). Fill the parenthesis with three words.
expand button
Transcribed Image Text:Consider the regression model with the heterogeneous coefficient. Y₁ = Boi + B₁X₁ + %₁ where (v₁, X₁. Boi, B₁) are i.i.d random variables with Bo= E (Bo) and B₁ = E (B₁) It is possible to show that the model can be written as Y, = Bo + B₁X₁ + u, where u, = (Bu-Bi Xitô = (Bor-Bo) + And, it is also possible to show that E[u[X]=0 when we assume that E (Boi Xi) Bo. E (BX) = B₁, and E (v₁|X₁) = 0. (you don't need to prove these results here.) Based on these results, we can conclude that under the current setting, regression of Y on X and an intercept will yield a consistent estimation of the ( ). Fill the parenthesis with three words.
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman