b. The sample size assumed in the Monte Carlo is 1,050. By altering the number in the
Question:
b. The sample size assumed in the Monte Carlo is 1,050. By altering the number in the obs option in the simulate command, obtain the power function for a lower sample size (e.g. 100) and for a higher sample size (e.g. 5,000).
Draw all three power functions on the same plot. What happens to the power function as the sample size increases?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Experimetrics Econometrics For Experimental Economics
ISBN: 9780230250239
1st Edition
Authors: Peter Moffatt
Question Posted: