15) The intercept is 0, the autoregressive coefficient is 0.2 and the moving average coefficient is 0.5 in an ARIMA(1,1,1) model. What is the one-step ahead forecast if the shock for the current period is -2 and the current and one-period lagged values of the forecast variable are 110 and 105?
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- Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?Consider the following variables: Y=daily productivity score (measured in points) X1=0 if undergraduate student,1 if graduate student X2=hours of sleep per night 1. The plot shown below could possibly be the graph of which model? 2. If you want to test whether type of student modifies the association between hours of sleep per night and daily productivity score, which model should you consider and what is the null hypothesis for this test? 3. Suppose you use Model 5 to describe the relationship between type of student, hours of sleep per night, and daily productivity score. You use the method of least squares to obtain: Y = -0.5 + 3 (X1) + 1.5 (X2) + 2.5 (X1)(X2).Which of the following is a reason why fixed effect models can't estimate coefficients on variables that do not vary within unit? A, The errors will be homoscedastic. B, The de-meaned variables will not vary. C, We can estimate such a variable with fixed effects. D, Because no fixed effects exists in such a case.
- The relationship between sleep hours and overall happiness level on the next day was estimated as below in a linear format. (Happiness level is measured through a five-point scale: 1 = Extremely unhappy, 5 = Extremely happy) Overall happiness level = 0.27 * Sleep hours + 2.34 (The p-value for the coefficient of Sleep hours is 0.02.) Based on this equation, what is the expected happiness level of a person on a certain day, when he slept 7 hours the day before?Consider the following variables: Y=daily productivity score (measured in points) X1=0 if undergraduate student,1 if graduate student X2=hours of sleep per night 1. If you want to test whether type of student modifies the association between hours of sleep per night and daily productivity score, which model (from attached image) should you consider and what is the null hypothesis for this test? A. Use Model 3 and test H0: β2=0 B. Use Model 5 and test H0: β3=0 C. Use Model 5 and test H0: β1=0 D. Use Model 5 and test H0: β2=0 E. Use Model 2 and test H0: β1=0 2. Suppose that you decide to use Model 5 (from pocture attached) to describe the relationship between type of student, hours of sleep per night, and daily productivity score. You use the method of least squares to obtain the following: Y= -0.5 + 3(X1) + 1.5(X2) + 2.5(X1X2) What is the estimated slope relating hours of sleep per night and daily productivity score among undergraduate students? A. 2 B. None of…The intercept is 0, the autoregressive coefficient is 0.2 and the moving average coefficient is 0.5 in an ARIMA(1,1,1) model. What is the one-step ahead forecast if the shock for the current period is -2 and the current and one-period lagged values of the forecast variable are 110 and 105?