Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using the data above, fill out the missing information below: The average of the variable score is 45 The average of the variable submission is
Using the data above, fill out the missing information below:
The average of the variable score is 45
The average of the variable submission is 1.2
The sample variance of the submission is 1.7 .
The sample covariance of score and submission is 36.5.
2 3. id score submission 1 47 21 90 3 3 67 2 49 0 5 12 1 Let's use the five observations above and run the following model using an OLS estimator: score, Bo Bsubmission, + (1) Use your previous calculations to determine and Bo The OLS estimation of the is OLS estimation of the Bois places) and the (3 decimal We re-estimate the model above (1) on the full sample of students and find score = 17.2+6.2 - submission; (2) (7) (2.8) where 16.2 and the standard error is below in parenthesis. Calculate the following stats for 31 (2 decimal places): The t-stat The pvalue The lower bound of the 9596 confidence interval The upper bound of the 95% confidence interval 4. Still using the results from regression i.e. score 17.2+6.2 submission, (2) (2.8) (7) fill out the following table (1 decimal places): id score Submission Predicted score Predicted error/residual 1 47 0 2 901 3 3 67 2 + 4 9 0 5 12 1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started