Calculate ß for the intercept-income and noncauc, Financial Accounting

For this question you will use the dataset "murder.xls", which includes:
• rate = Murder rate per 100,000
• convictions = Number of convictions divided by number of murders
• executions = Average number of executions divided by convictions
• time = Median time served (in months) of convicted murderers
• income = Median family income (in 1,000 USD)
• lfp = Labor force participation rate (in percent)
• noncauc = Proportion of population that is non-Caucasian
• southern = Factor indicating region.

1. Use the MATLAB "regress" function to estimate the following model:

ratei = β0 + β1incomei + β2noncauci + ui.

Estimate the coefficient for the impact of income on murder rates.
The answer should be -3.19.

2. Recall that you can obtain the OLS estimate of β using the following matrix operation:

β =(XT X)-1XT y.
Use the matrix operation commands in MATLAB to

calculate β for the intercept, income, and noncauc.
Hint Your first step should be creating the matrix, X, that includes a constant, income and noncauc. I also recommend breaking the operation out into steps, rather than trying to do it all in one line of code.

Posted Date: 3/26/2013 6:15:56 AM | Location : United States







Related Discussions:- Calculate ß for the intercept-income and noncauc, Assignment Help, Ask Question on Calculate ß for the intercept-income and noncauc, Get Answer, Expert's Help, Calculate ß for the intercept-income and noncauc Discussions

Write discussion on Calculate ß for the intercept-income and noncauc
Your posts are moderated
Related Questions
State the role of Accounting information Accounting information has a significant role to play in reporting the extent to which different groups have benefited from the busines

Static Balancing : This balancing is complete in the plane of unbalance. Dynamic Balancing : In this case two balance planes are needed because forces along couples are to

Definition: A partnership is defined as “the relationship that subsists between two or more persons carrying on a business in common with a view to making a profit.” (Partnersh

Calculate the present value and determine the npv, Financial Management. Assume today is 3 December 2009. Helen is 30 years old and has a Bachelor of Business. She is currently em

Write down what processes and data you would analyse when looking at the following scenarios and write down any improvements you could include to ensure that the problem would be l

XYZ Company is a large manufacturer of auto parts for the auto manufacturers and parts distributors. XYZ has plants throughout the world, but most are located in North America. XYZ



Funding the investment by an issue of ordinary shares could tender several advantages to Springbank plc. Gearing would drop to 47% (3·5/7·4) fewer than half of the sector average o

The business changed their policy with regards to the profit mark-upfrom 2018 to 2019 financial year. What was the changed.