In the least squares regression of y on a constant and X, to compute the regression coefficients
Question:
In the least squares regression of y on a constant and X, to compute the regression coefficients on X, we can first transform y to deviations from the mean y̅ and, likewise, transform each column of X to deviations from the respective column mean; second, regress the transformed y on the transformed X without a constant. Do we get the same result if we only transform y? What if we only transform X?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
In the regression of y on i and X the coefficients on X ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Abourne Ltd manufactures a microcomputer for the home use market. The management accountant is considering using regression analysis in the annual estimate of total costs. The following information...
-
Let e i be the ith residual in the ordinary least squares regression of y on X in the classical regression model, and let i be the corresponding true disturbance. Prove that plim(e i i ) = 0.
-
Show that in the multiple regression of y on a constant, x 1 and x 2 while imposing the restriction 1 + 2 = 1 leads to the regression of y x 1 on a constant and x 2 x 1 .
-
Segment Analysis Winston Sylvester Corporation is a brokerage and financial service company. The company recently provided information about its major business segments as follows (in millions):...
-
In this exercise, you will use database software to design a database for managing inventory for a small business. Sylvester's Bike Shop, located in San Francisco, California, sells road, mountain,...
-
Q2: What do you understand from hedging the foreign exchange rate risk and why is it important for firms to do so?
-
3 What is a buying center? Describe the roles assumed by people in a buying center and what useful questions should be raised to guide any analysis of the structure and behavior of a buying center.
-
Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the companys processing departments: According to the...
-
The contribution margin ratio is 40% for the Northern Company. The break-even amount of revenue is $380,000. If Northern's target pre-tax profit is $120,000, revenue would have to be
-
The Bee Company shows the following account amounts: Required: Determine how much cash was generated from sales during 2010. 2009 2010 Sales Accounts receivable 12/31 $8,743,000 $8,337,000 511,000...
-
Ellen wears eyeglasses with the prescription -1.0 D. a. What eye condition does Ellen have? b. What is her far point without the glasses?
-
What is the result of the matrix product M 1 M where M 1 is dened in (3-19) and M is dened in (3-14)?
-
What are the advantages of fixed exchange rates? What are the disadvantages? Does it matter if the country is large or small?
-
Read the buret (burette) volume and report your reading with the proper number of digits. Number 3.2 mL mL 0 10 15 46 20 25 30 35 47 40 48 Incorrect.
-
TCP Congestion Control using Wireshark and testmy.net. Identify the IP Address, Protocol (UDP or TCP), Destination and Source IP Address, and IP Class Type (A-D).
-
Charley & Waldo's World of Wonder is a science-oriented children's museum. The museum has a "free" section where children have unlimited use science oriented exhibits and a premium section where...
-
Let f(x) In(x). Solve each of the following equations exactly for a. (f(x)) = 11 b. f(x) = 11 c. f(x) = 11
-
Suppose the annual rate of inflation in Taiwan is 6.66%, and the annual rate of inflation in Mexico is 5.99%. If the Mexican peso depreciates relative to the Taiwan dollar by 4% in real terms, then...
-
Solve graphically. Round solutions to three decimal places, where appropriate. 3x 2 + 5x = 3
-
Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.78 and Kr 5.86, respectively. The annual risk-free rate in the United States is 3.8 percent, and the annual risk-free rate...
-
A residual maker what is the result of the matrix productM1MwhereM1 is defined in (3-19) and M is defined in (3-14)?
-
Adding an observation, a data set consists of n observations on Xn and yn. The least squares estimator based on these n observations is bn = (X'n Xn)??1 X??n yn. Another observation, xs and ys,...
-
Deleting an observation a common strategy for handling a case in which an observation is missing data for one or more variables is to fill those missing variables with 0s and add a variable to the...
-
The predetermined overhead rate is usually calculated Group of answer choices At the end of each year At the beginning of each month At the beginning of the year At the end of the month
-
ajax county collects property taxes for the cities within the county, Ajax county collected 1000 from citizens in Beatty city that belong to Beatty city what would be the appropriate entries for ajax...
-
Assume that gasoline costs $ 3 . 2 0 per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile,...
Study smarter with the SolutionInn App