
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609 Exercise 8
Let
0 and
l be the OLS intercept and slope estimators, respectively, and let u be the sample average of the errors (not the residuals!).
(i) Show that B1 can be written as = B1 + V.. w.u. where w. = d./SST and d. = x. - x.
==1 w. = 0, to show that B1 and u are uncorrelated. [Hint: You are being asked to show that E[(fi1 - B1). u] = 0.]
(iii) Show that B0 can be written as
.w i u i where w i =d i /SST X and d i = x i -
(iv) Use parts (i) along with
to show that
1 and
are uncorrelated. [Hint: You are being asked to show that
(iii) show that
0 can be written as
(iv). Use parts (ii) and (iii) to show that
(v) Do the algebra to simplify the expression in part (iv) to equation (2.58). [Hint:![Let 0 and l be the OLS intercept and slope estimators, respectively, and let u be the sample average of the errors (not the residuals!). (i) Show that B1 can be written as = B1 + V.. w.u. where w. = d./SST and d. = x. - x. ==1 w. = 0, to show that B1 and u are uncorrelated. [Hint: You are being asked to show that E[(fi1 - B1). u] = 0.] (iii) Show that B0 can be written as .w i u i where w i =d i /SST X and d i = x i - (iv) Use parts (i) along with to show that 1 and are uncorrelated. [Hint: You are being asked to show that (iii) show that 0 can be written as (iv). Use parts (ii) and (iii) to show that (v) Do the algebra to simplify the expression in part (iv) to equation (2.58). [Hint:](https://d2lvgg3v3hfg70.cloudfront.net/SM2712/11eb9ee2_f06d_d836_8edd_a1093b482ea7_SM2712_11.jpg)
0 and
l be the OLS intercept and slope estimators, respectively, and let u be the sample average of the errors (not the residuals!).(i) Show that B1 can be written as = B1 + V.. w.u. where w. = d./SST and d. = x. - x.
==1 w. = 0, to show that B1 and u are uncorrelated. [Hint: You are being asked to show that E[(fi1 - B1). u] = 0.]
(iii) Show that B0 can be written as
.w i u i where w i =d i /SST X and d i = x i -
(iv) Use parts (i) along with
to show that
1 and
are uncorrelated. [Hint: You are being asked to show that
(iii) show that
0 can be written as
(iv). Use parts (ii) and (iii) to show that
(v) Do the algebra to simplify the expression in part (iv) to equation (2.58). [Hint:
![Let 0 and l be the OLS intercept and slope estimators, respectively, and let u be the sample average of the errors (not the residuals!). (i) Show that B1 can be written as = B1 + V.. w.u. where w. = d./SST and d. = x. - x. ==1 w. = 0, to show that B1 and u are uncorrelated. [Hint: You are being asked to show that E[(fi1 - B1). u] = 0.] (iii) Show that B0 can be written as .w i u i where w i =d i /SST X and d i = x i - (iv) Use parts (i) along with to show that 1 and are uncorrelated. [Hint: You are being asked to show that (iii) show that 0 can be written as (iv). Use parts (ii) and (iii) to show that (v) Do the algebra to simplify the expression in part (iv) to equation (2.58). [Hint:](https://d2lvgg3v3hfg70.cloudfront.net/SM2712/11eb9ee2_f06d_d836_8edd_a1093b482ea7_SM2712_11.jpg)
Explanation
Consider are the OLS intercept and slop...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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