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use OLS without data transformation to fit the model, i.e., directly regress Y on X, and compare the variances of the coefficients Var( 0) and
use OLS without data transformation to fit the model, i.e., directly regress Y on X, and compare the variances of the coefficients Var( 0) and Var( 1) with their counterparts obtained by using WLS, conclude which method yields smaller variances.
X | Y |
294 | 30 |
247 | 32 |
267 | 37 |
358 | 44 |
423 | 47 |
311 | 49 |
450 | 56 |
534 | 62 |
438 | 68 |
697 | 78 |
688 | 80 |
630 | 84 |
709 | 88 |
627 | 97 |
615 | 100 |
999 | 109 |
1022 | 114 |
1015 | 117 |
700 | 106 |
850 | 128 |
980 | 130 |
1025 | 160 |
1021 | 97 |
1200 | 180 |
1250 | 112 |
1500 | 210 |
1650 | 135 |
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