Using the canadian census wage data

Reference no: EM131110173

Using the Canadian census wage data from Problem 5, smooth the data with Friedman's method using the cross-validation span and bass=0. Vary the bass parameter to obtain a reasonable fit. Comment on the graphical comparison of the estimates with varying bass values. Which value of the bass seems most reasonable?

Problem 5

Pagan and Ullah (1999) reported data from the 1971 Canadian census on wages for male high school graduates. This data in the R object cps71. Use the logarithm of wages log wage as the response and age as the predictor. Smooth this data using Friedman's method with the span found by trial and error. Comment on the graphical comparison between this estimate to that obtained when using the span selected by cross-validation.

Reference no: EM131110173

Questions Cloud

Briefly describe the basic elements of a contract : List and briefly describe the basic elements of a contract. Give an example of each

Is cindy correct why or why not : Spangel Fashions sends out its spring and summer catalog to Cindy. Cindy falls in love with the cute dress featured on the front cover of the catalog. Is Cindy correct? Why/why not

Write a short evaluation of your progress each day : Devise plan to change behavior by creating a positive consequence for avoiding the behavior, or a negative consequence for acting out the undesired behavior.

Body weight and total surface area of squirrel monkeys : Using the data from Table 9.3 on body weight and total surface area of squirrel monkeys, find and plot the estimated line using Theil's method Use surface area as the response and weight as the predictor. Then find the estimate using Friedman's me..

Using the canadian census wage data : Using the Canadian census wage data from Problem 5, smooth the data with Friedman's method using the cross-validation span and bass=0. Vary the bass parameter to obtain a reasonable fit.

What is wrong with it and how can it be corrected : What is wrong with it, and how can it be corrected?

Wages log wage as the response and age as the predictor : Pagan and Ullah (1999) reported data from the 1971 Canadian census on wages for male high school graduates. This data in the R object cps71. Use the logarithm of wages log wage as the response and age as the predictor.

Recognise the laws relating to companies in australia : Company law - BBAL401 - The written assignment and presentation slides must be in the IRAC method and Recognise the laws relating to companies in Australia

Should the plaintiff be awarded damages why : Smith sued Ariens for injuries sustained while operating a snowmobile in a field. The snow mobile hit a rock that was partially covered by snow. Explain. Should the plaintiff be awarded damages? Why

User Account

All Pages