
Introduction to Econometrics 3rd Edition by James Stock, James Stock
Edition 3ISBN: 978-9352863501
Introduction to Econometrics 3rd Edition by James Stock, James Stock
Edition 3ISBN: 978-9352863501 Exercise 12
Suppose that X and Y are distributed bivariate normal with density given in Equation (17.38).
a. Show that the density of Y given X = x can be written as
where
b. Use the result in part (a) to show that
c. Use the result in part (b) to show that
for suitably chosen constants a and b. 
a. Show that the density of Y given X = x can be written as
where
b. Use the result in part (a) to show that
c. Use the result in part (b) to show that
for suitably chosen constants a and b. 
Explanation
a) The bivariate normal p.d.f of two ran...
Introduction to Econometrics 3rd Edition by James Stock, James Stock
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