regression, Econometrics

Consider a linear model to explain pricing of houses:
Price = ß0 + ß1lotsize + ß2sqrft + ß3bdrms + u (1)
E(u| lotsize, sqrft, bdrms)=0
Var (u| lotsize, sqrft, bdrms)=s2 lotsize4
Write the transformed equation that has a homoskedastic error term
Posted Date: 12/9/2012 9:55:51 PM | Location : Canada







Related Discussions:- regression, Assignment Help, Ask Question on regression, Get Answer, Expert's Help, regression Discussions

Write discussion on regression
Your posts are moderated
Related Questions
Problem: (a) Differentiate between linear and log-linear model. (b) Distinguish between type I and type II errors. (c) (i) A bulb manufacturer claims that its bulbs last


In a simple economy, people consume only 2 goods, food and clothing. The market basket of goods used to compute the CPI has 50 units of food and 10 units of clothing.

Can you draw a line which starts from left to right has a positive slope?

Assume that the allowance Peter receives from parents is his only income.  He used to spend $30 a month to buy Coke at $.60 per can.  Coke is an inferior good for Peter.  Further a

The  firm  is  considering  manufacturing  a  second  product  in  its  factory alongside the first. The demand functions for the two products are: Q d1 =180 - 4P 1 Q d2 =90

Hi I am currently working on my econometrics coursework which is to replicate a published paper. I was given the same data set as the paper and suppose to get the same answer as th

what factors affect the choice of material handling systems

how to find the relationship for a simple linear model?

The town of Dusty View, Saskatchewan has only two residents - Justin and Sarah - and has a water supply shortage in the summer. The municipal water utility charges a break even pri