Suppose that the following represents the estimated sample

Assignment Help Econometrics
Reference no: EM13375033

Suppose that the following represents the (estimated) sample regression results for the   heights and weights of a random sample of 200 twenty-year-olds.

Weight = -99.41 + 2.5 X Height, R2 = 0.75, SER = 12,

Where weight is measured in pounds and height is measured in inches.

a) Predict the weights of (i) Bell who is 70 inch tall, and that of (ii) Normal, who is 62 inch tall.

b) If Chi grew 2 inch taller in a year, explain how to find the change in weight. Calculate the change in weight (show the calculation).

c)  What is the sample standard deviation of weights (USE FORMULAS FOR R2, and SER,pages, 120 and 121 of the textbook)?

d) Suppose that you are asked to present the regression results to Europeans, (who use metric system of measurement (that is- in centimeter and kilogram units), re-write the regression in those units to make them understand the results better.

e) Which parts of the regression results are unaffected by the change in units. Explain why are they unaffected.

Reference no: EM13375033

Questions Cloud

Q1 assume that the market for tomatoes is perfectly : q1. assume that the market for tomatoes is perfectly competitive. using an appropriate model or models illustrate and
Lambs lay a golden eggthe price of australias favourite : lambs lay a golden eggthe price of australias favourite meat has risen nine per cent in the pastyear. industry analysts
Maren has the utilityfunction uc1c2c1ac21-a where 01 maren : maren has the utilityfunction uc1c2c1ac21-a where 01 maren has income m1 and m2 in respectively periode 1 and periode
Look at an economy with two consumers a and b and two goods : look at an economy with two consumers a and b and two goods x1 and x2. let the two consumers preferences be described
Suppose that the following represents the estimated sample : suppose that the following represents the estimated sample regression results for thenbspnbsp heights and weights of a
1 apply the appropriate exponential smoothing model to : 1. apply the appropriate exponential smoothing model to create fit estimates of the monthly data below.nbsp tell me why
Summarize one or more key aspects of the federal health : summarize one or more key aspects of the federal health reform legislation enacted in 2010 that relate to improving
In the 1990s five firms supplied amateur color film in the : in the 1990s five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
1 consider a firm that has just built a plant which cost : 1 consider a firm that has just built a plant which cost 20000. each worker costs 5.00 per hour. based on this

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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