A student writing a term paper used ordinary least squares

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A student writing a term paper used ordinary least squares in fitting a simple linear regression; model to some time series data containing positively auto correlated errors, and found that the· 90 percent confidence interval for ß₁ was too wide to be useful. The student then decided to' employ regression model (12.1) to improve the precision of the estimate. Comment

Reference no: EM131093764

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A student writing a term paper used ordinary least squares : A student writing a term paper used ordinary least squares in fitting a simple linear regression; model to some time series data containing positively auto correlated errors, and found that the· 90 percent confidence interval for ß1 was too wide t..

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