Report the ols estimates

Assignment Help Basic Statistics
Reference no: EM13996427

Question: You have to solve the Homework with using a Dataset_MRW.xlsx file.

Download the file "Dataset_MRW.xlsx" from the course website which contains the data from the appendix of Mankiw, Romer & Weil (1992) - for the non-oil sample (make sure you read the paper beforehand). Throughout let d + g = 5%. Using this dataset and the tools you learned in class, run the following regressions (you do not need to present the excel file with the regressions, report only the results required in each part):

log (y85) = a + b1 log (sk) + b2 log (n + d + g). Report the OLS estimates for b1 and b2, the R2, and the p-values for the t-tests for b1 and b2. Provide an interpretation of the OLS estimate for b1.

log (y85) = a + b1 log (sk) + b2 log (n + d + g) + b3 log (sh). Report the OLS estimates for b1, b2, and b3, the R2, and the p-values for the t-tests for b1, b2 and b3. Using the proper equation explain why the signs of the OLS estimates of b1, b2, and b3 are in line with what the (extended version of the) Solow model predicts.

log (y85) - log (y60) = a + b1 log (y60). Report the OLS estimate for b1 and the p-value for the t-test. Is the OLS estimate for b1 statistically significant? Give an explanation for why that is the case.

log (y85) - log (y60) = a + b1 log (y60) + b2 log (sk) + b3 log (n + d + g) + b4 log (sh). Report the OLS estimate for b1 and the p-value for the t-test. What is the sign of the OLS estimate of b1? Give an explanation for why that is the case.

Attachment:- dataset_mrw.xlsx

Reference no: EM13996427

Questions Cloud

Environmental sustainability in the european union : Prepare a two to three page report titled "Environmental Sustainability in the European Union (EU)." The report should be based on the publicly available information that you obtained. You may use the report published by the European Commission.
Are there circumstances in which the cost method : Are there circumstances in which the cost method is required under U.S. GAAP but not under IFRS? Explain.
Which would you recommend for your retired parents : Which would you recommend for your retired parents? Justify your answer.
Share of healthcare output produced by hospitals fallen : Why has the share of healthcare output produced by hospitals fallen? Will this trend continue? Can you think of a policy or technology change that would further reduce hospital use? Can you think of a policy or technology change that would increase h..
Report the ols estimates : Report the OLS estimates for b1, b2, and b3, the R2, and the p-values for the t-tests for b1, b2 and b3. Using the proper equation explain why the signs of the OLS estimates of b1, b2, and b3 are in line with what the (extended version of the) Sol..
What the difference between icd and snomed : Your administrator wants you to explain what the difference between ICD-9/ICD-10 and SNOMed as related to the EHRs. What would you tell them and what 2 primary points would you want to identify and why
What is needed in order to be multicellular : What is needed in order to be multicellular? What are the evolutionary advantages of multicellular?
The market value of the forklift decreases : A forklift can be purchased for $30,000. The market value of the forklift decreases by 20% of the previous year’s value for 2 years, and then by 15% in years 3 through 10. Maintenance is $400 in years 1 and 2, and then jumps to $750 in year 3. After ..
What is a cyclin cdk complex : What is a Cyclin-CDK complex

Reviews

inf996427

3/14/2017 5:51:32 AM

This fair demonstrates what a distinction working with ExpertsMind is versus your rivals. I have been blazed a few times by them and was concerned rashly as I didn't realize what's in store from ExpertsMind.com. I have now discovered that you were definitely justified even despite the hold up and the cash and I will go to no other service however ExpertsMind.com later on.

Write a Review

Basic Statistics Questions & Answers

  Directional hypothesis is being tested

When a directional hypothesis is being tested and the rejection region is on the right of the mean, then the alternate hypothesis must be of the form:

  Given that a population has a mean of 50 and a standard

given that a population has a mean of 50 and a standard deviation of 15 what is thea. mean of the sampling

  Traditional contribution margin method

What is the profit if the traditional contribution margin method is used for determining CKC's product mix? What is the profit if the bottleneck method advocated by Troy is used for selecting the product mix?

  Brees inc has current assets of 7500 net fixed assets of

brees inc. has current assets of 7500 net fixed assets of 28900 current liabilities of 5900 and long-term debt of

  Drawn from a normal population

Sample data have been collected, and the null hypothesis to be tested is H0: "The sample was drawn from a normal population in which µ, 5 130." If the analy- sis is based on a categorization that includes 8 cells:

  In the board game settlers of catan you use a pair of

please answer the question in full provide any equations or diagrams used to come to your final answer.in the board

  Suppose this estimate is based on a sample of 80 persons

the 92 million of americans of age 50 and over control 50 percent of all discretionary income aarp bulletin march 2008.

  A manufacturing company wants to investigate the product

a manufacturing company wants to investigate the product coming out of two machines has a similar diameter or not. it

  Determine independent variable and dependent variable

When an experiment is conducted, one variable is manipulated to see the impact on another variable -- that's why experiments address causation.

  Use the definition of random selection of points in an

use the definition of random selection of points in an interval in section 1.7 a bus arrives at a station everyday at a

  A machine fills cans of soda which are labeled 12 ounces

a machine fills cans of soda which are labeled 12 ounces according to a normal distribution with mean 12.1 ounces and

  Probable to purchase a product

At a = 0.05, can you reject claim that at least 52% of adults are more probable to purchase a product when there are free samples?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd