Answer to Question #285138 in Economics for Hase

Question

Part One: Attempt all of the following questions

2, Researcher is using data for a sample of 10 observations to estimate the relation                       between consumption expenditure and income. Preliminary analysis of the sample data produces the following data.

 Sum (xy=700), (sum x square = 1000), (sum x=100), (sum Y= 200)

A, Use the above information to compute OLS estimates of the intercept and slope    coefficients and interpret the result

B, Calculate the variance of the slope parameter

C, Compute the value R2 (coefficient of determination) and interpret the result 

D, Compute 95% confidence interval for the slope parameter 

E, Test the significance of the slope parameter at 5% level of confidence using t-test

3. If the model Yi=( +(1X1i +(2X2i +Ui is to be estimated from a sample of 20 observation using the semi- processed data given in matrix in deviation form.

         

             =10, =25 and 

Obtain the OLS estimate of the above parameters. 

Answer 1

Dear Hase, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order