Standard error of the slope in the original regression

Assignment Help Macroeconomics
Reference no: EM13180521

Suppose we have a random sample of 50 people and their weight, W and height, H are recorded to the nearest pound and inch respectively. A regression of W on H and an intercept gives:

Wi = 99.41(6.45) + 3.94(1.86)Hi

R^2 = 0.81, SER = \(\sqrt{Su^2}\) = 10.1

(Standard errors are given in parentheses)

(g). Suppose we measured weight in kilos. What will the new intercept be?

(h). Prove that if Wi* = \(\lambda1+\lambda2Wi\) then the new intercept b1* = \(\lambda1+\lambda2b1\) where b1 is the intercept of the original regression of W on H.

(i). Explain how the standard error of the slope coefficient in (h) is related to the standard error of the slope in the original regression

Reference no: EM13180521

Questions Cloud

How to make a case that trade acts like a regressive tax : Suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. Can you make a case that trade acts like a regressive tax in its impact on the distribution of real income and welfare within the countr..
Explain what is final pressure in mm of mercury : A sample of gas has an initial volume of 2.4 L at a pressure of 855 mm Hg and a temperature of 298 K. If the gas is heated to a temperature of 387 K and expanded to a volume
What was the initial velocity : A ball is hit at an angle of 36 degrees to the horizontal from 14 feet above the ground. If it hits the ground 26 feet away (in horizontal distance), what was the initial velocity? Assume there is no air resistance.
Compute the amount in ppm of quinine in the sample : A 100 ppm quininesulfate ( MW = 782.97 g/mol) solution was used as the standard. Assuming that your original (undiluted) sample contained 142 ppm of quinine sulfate, calculate the amount in ppm of quinine in the sample.
Standard error of the slope in the original regression : Prove that if Wi* = \(\lambda1+\lambda2Wi\) then the new intercept b1* = \(\lambda1+\lambda2b1\) where b1 is the intercept of the original regression of W on H. Explain how the standard error of the slope coefficient in (h) is..
Identification method for inventory valuation : Compute depreciation for 20X3 - 20X7 by using the following methods: straight line, units of output, and double-declining-balance.
Explain why barium must be disposed of properly : Describe why barium must be disposed of properly. What are the health effects of excess barium in drinking water? What is the maximum allowable concentration of barium in public water systems?
State how many moles of acetic acid : A buffer solutions contains .120 M acetic acid and 0.150 M sodium acetate. How many moles of acetic acid and of sodium acetate are present in 50.0 ml of solution ? = 0.0075 moles.
Calculate the customer-level operating income : Recalculate the customer-level operating income if salespeople had not broken up actual orders into multiple smaller orders. Don't forget to also adjust sales commissions.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Supply demand analysis to elucidate how prices of untaxed

Supply demand analysis to elucidate how the prices of untaxed consumption items can be affected by the retail sales tax even though they are not subject to taxation.

  Africa business environment

Explain why the authors cite ethnically segmented markets as a factor that holds back private sector development and building entrepreneurial capacity.

  Elucidate what is the cross elasticity of demand

Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.

  Rate of labor productivity growth in us economy

During Dec. 2007 and Dec. 2008, measured RGDP in economy fell by 1 percent as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7 percent

  Given the marginal cost and marginal revenue

For the product shown, assume that the minimum point of each firm's average variable cost curve is at $2. Construct a demand and supply diagram for the product and indicate the equilibrium price and quantity.

  Understanding the international macroeconomy

Understanding the International Macroeconomy, According to the Solow growth model, there are two reasons why an increase in total factor productivity leads to an increase in output. What are those two reasons?

  Import quotas also voluntary export agreements

Import Quotas also voluntary export agreements are often used instead of tariffs. What are the differences.

  What is the value of the externality

If the apple grower wants to see 6,000 bees kept, what is the value of the externality? What would have to happen for the socially optimal amount of bees to be kept?

  What is the point estimate of the population proportion

What is the point estimate of the population proportion? b. What is the point estimate of the population variance? c. Write a 95% confidence interval for the population proportion (? = .05).d. Will the bond proposal be approved with a 95% confidence?..

  Illustrate is the point cross elasticity among steel

Illustrate is the point cross elasticity among steel and aluminum. Are steel and aluminum substitutes or complements

  Prepare a sustainable growth plan

You have been hired by the Department of An Taoiseach to comment and critique a sustainable growth plan being considered by parliament.

  Calculating the marginal physical product of labour

Use the following data for a firm's output at various levels of employment to calculate: (a) its marginal physical product of labour (MPPL) schedule.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd