18.2 You are analyzing a linear regression model with 500 observations and one regressor. Explain how you

Question:

18.2 You are analyzing a linear regression model with 500 observations and one regressor. Explain how you would construct a confidence interval for b1 if:

a. Assumptions #1 through #4 in Key Concept 18.1 are true, but you think Assumption #5 or #6 might not be true.

b. Assumptions #1 through #5 are true, but you think Assumption #6 might not be true. (Give two ways to construct the confidence interval.)

c. Assumptions #1 through #6 are true.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

Question Posted: