Question
Suppose that left parenthesis Upper Y Subscript i comma Upper X Subscript i right parenthesis Yi , Xi satisfy the assumptions specified here LOADING... and
Suppose that
left parenthesis Upper Y Subscript i comma Upper X Subscript i right parenthesisYi, Xi
satisfy the assumptions specified here
LOADING...
and in addition,
u Subscript iui
is
Upper N left parenthesis 0 comma sigma Subscript u Superscript 2 right parenthesisN 0, 2u
and independent of
Upper X Subscript iXi.
A random sample of n =
1313
is drawn and yields
ModifyingAbove Upper Y with caret equals 57.23 plus 60.41 Upper XY=57.23+60.41X, Upper R squared equals 0.65R2=0.65, SER = 1.31.3 | |
(9.79.7) (5.45.4) |
Where the numbers in parentheses are the homoskedastic-only standard errors for the regression coefficients
ModifyingAbove beta with caret 00
and
ModifyingAbove beta with caret 11
respectively. Refer to the student t distribution with n
dash
2 degrees of freedom to answer the following questions.
Construct a 95% confidence interval for
beta 00
using the student t distribution (with n
dash
2 degrees of freedom) table available here
LOADING...
.
The 95% confidence interval for
beta 00
is
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