Question

In: Statistics and Probability

Given the following information n= 5 Σ Xt = 30 Σ Yt = 172 Σ Yt...

Given the following information

n= 5 Σ Xt = 30 Σ Yt = 172 Σ Yt Xt = 980

Σ X2t = 205 Σ Y2t = 5162

Find the least squares estimates of α and β from

Yt = α + βXt + ut

The sum of squared residuals is 45.2691. What does the SSR tell us in general?

Find the unbiased estimate of the variance of ut. What does S2 tell us in general?

Test H0: β = 0 against H1: β > 0 at the 5% level of significance.

Calculate the 95% confidence interval for β.

Calculate the R2.

Solutions

Expert Solution

orchestra answered 1 year ago
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