Expectation, Unbiased And Variance for β1

Business & Finance, Accounting, Auditing
Cover of the book Expectation, Unbiased And Variance for β1 by Homework Help Classof1, Classof1
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Homework Help Classof1 ISBN: 1230000114652
Publisher: Classof1 Publication: March 12, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000114652
Publisher: Classof1
Publication: March 12, 2013
Imprint:
Language: English

"Consider the standard simple regression model y= β0 + β1x +u  under the gauss-Markov assumptions SLR.1 through SLR.5. the usual OLs estimators   and   are unbiased for their respective population parameters. Let β1 be the estimator of β1 obained by assuming the intercept is zero.
i) Find E ( ) in terms of the xi, β0 and  β1 . verify that β1 is unbiased for β1 when the population intercept (β0 ) is zero. Are there other cases where β1 is unbiased?
ii) Find the variance ofβ  .
iii) Show that var    β ≤  var β  .
iv) Comment on the tradeoff between bias and variance when choosing between   β and   β.
"

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

"Consider the standard simple regression model y= β0 + β1x +u  under the gauss-Markov assumptions SLR.1 through SLR.5. the usual OLs estimators   and   are unbiased for their respective population parameters. Let β1 be the estimator of β1 obained by assuming the intercept is zero.
i) Find E ( ) in terms of the xi, β0 and  β1 . verify that β1 is unbiased for β1 when the population intercept (β0 ) is zero. Are there other cases where β1 is unbiased?
ii) Find the variance ofβ  .
iii) Show that var    β ≤  var β  .
iv) Comment on the tradeoff between bias and variance when choosing between   β and   β.
"

More books from Classof1

Cover of the book Journal Entries for Consolidation by Homework Help Classof1
Cover of the book Aggregate Demand, Disposable Income and the Real GDP by Homework Help Classof1
Cover of the book Determination of Column Vectors by Homework Help Classof1
Cover of the book Decision Making Based on NPV of Capital Project by Homework Help Classof1
Cover of the book Strength and Direction of the Linear Relationship by Homework Help Classof1
Cover of the book Determining Probability Values Using Binomial Distribution by Homework Help Classof1
Cover of the book Drawing The Graph of The Linear Equation by Homework Help Classof1
Cover of the book Macro Economics Inflation by Homework Help Classof1
Cover of the book Solve the given LP problem to maximize the Revenue using Excel Solver by Homework Help Classof1
Cover of the book Underlying Themes of the Short Stories by Homework Help Classof1
Cover of the book Chi Square Test for Significant Association by Homework Help Classof1
Cover of the book Standard Error of Sample Mean by Homework Help Classof1
Cover of the book Analysis of Shifts in the Demand Curve by Homework Help Classof1
Cover of the book Probability Binomial With Parameters by Homework Help Classof1
Cover of the book Solving Algebraic Expresssions by Homework Help Classof1
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy