Answered: population multiple regression model… | bartleby

Linear Algebra: A Modern Introduction

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 31EQ

See similar textbooks

Related questions

Question

M1

5.
The following population multiple regression model with three independent variables is said to
satisfy the assumption of the CLM model.
y = Bo + B₁x₁ + B₂X₂ + B3X3 + U
After estimation, you want to test the null hypothesis Ho: P₁ - 3ß₂ = 1
1. Let B₁and B₂ be the OLS estimators, respectively. Write Var( B₁ –
B₂)using the variances of ß₁and ß₂and the covariance between them.
2. Write a t-statistic to test Ho: B₁ - 3B₂ = 1
3.
Let, 0o = Bo - 3ß₂, Ô₁ = B₁ – 3B₂, Write a regression equation to get ₁ and its standard
error directly.

Expert Solution

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Blurred answer

Similar questions

The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0036. The actuaries of the company claim that the variance of thenumber of accidents per day is no longer equal to 0.0036. Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H0 and the alternative hypothesis H1 that we would use for this test.
Consider a regression analysis with n = 47 and three potential independent variables. Suppose that one of the independent variables has a correlation of 0.95 with the dependent variable. Does this imply that this independent variable will have a very large Student’s t statistic in the regression analysis with all three predictor variables?
IfX1 andX2 are the means of independent random samples of sizes n1 and n2 from a normal population with the mean μ and the variance σ ^2 , show that the variance of the unbiased estimator ω·Xbar1+(1−ω)·Xbar2is a minimum whenω=n1/(n1+n2)
If the value of Cronbach’s alpha is 0.07, it means ___________; a. Research instrument is not reliable b. Research instrument is internally consistent c. Data is reliable d. Data is internally consistent
A dietitian wishes to see if a person’s cholesterol level will be changed if the diet is supplemented by a certain mineral. Four subjects were pre-tested, and they took the mineral supplement for a 6-week period. The results are shown in the table. Is there sufficient evidence to conclude that the population mean of cholesterol levels has been changed after six weeks at α=0.2α=0.2? Assume that the differences are from an approximately normally distributed population. Subject Cholestrol Level (mg/dl) Cholestrol Level after 6 Weeks (mg/dl) dd ¯dd¯ (d−¯d)2(d-d¯)2 1 206 217 11 2 219 184 -35 3 202 204 2 4 213 205 -8 Total -30 a) Calculate the mean, the sum of the squared deviation from the mean, and the standard deviation of differences. Do not include the unit for each answer: ¯d=d¯= (do not round) ∑(d−¯d)2=∑(d-d¯)2= (do not round) sd=sd= (rounded to one decimal place) b) Perform the hypothesis test in the following steps: Step 1.…
A snack food manufacturer estimates that the variance of the number of grams of carbohydrates in servings of its tortilla chips is 1.25. A dietician is asked to test this claim and finds that a random sample of 22 servings has a variance of 1.35. At ⍶ = 0.05 is there enough evidence to reject the manufacturer’s claim?
The management of a supermarket wants to adopt a new promotional policy of giving free gift to every customer who spends more than a certain amount per visit at this supermarket. The expectation of the management is that after this promotional policy is advertised, the expenditure for all customers at this supermarket will be normally distributed with mean 400 L.E and a variance of 900 L.E2. 1) If the management wants to give free gifts to at most 12% of the customers, what should the amount of expenditure be above which a customer would receive a free gift? 2) In a sample of 100 customers, what is the number of customers whose expenditure is between 420 L.E and 485 L.E? 3) What is a probability of selecting a customer whose expenditure is differ than the population mean expenditure by at most 50 L.E? 4) What is the percentage of customers whose expenditure is at least 450 L.E.?

Recommended textbooks for you

Linear Algebra: A Modern Introduction

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Linear Algebra: A Modern Introduction

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS