ln Ht = α + β ln Yt + γ ln rt + ut Suppose one...

ln Ht = α + β ln Yt + γ ln rt + ut

Suppose one wanted to use an LM test to test for first-order autocorrelation.

Q1. What is the auxiliary equation?
Q2. How would you calculate the test statistic?

Expert Solution

Q1

auxiliary equation is

= 0 + 1 ln Yt + 2 ln rt + 1

2)

TS - nR^2

where R^2 comes for regression in auxiliary equation

orchestra answered 2 years ago

Consider the model Et = α + β It + ut

Consider the model Et = α + β It + ut where ut has a zero mean Where Et is aggregate expenditure on a good and It is total income. Given the following information OLS Estimates Using 51 Observations Dependent Variable Et Variable Coeff STD error T Stat constant 0.26644 0.3294 .809 It 0.06754 .0035 19.288 SSR = 157.90709 Unadjusted R2 = 0.884 Adjusted R2 = .881 OLS Estimates Using 51 Observations Dependent Variable u2t...

Assume that you will run the following regression: yt = α + βxt + ut. You...

Assume that you will run the following regression: yt = α + βxt + ut. You believe that the errors might be serially correlated in the following fashion: ut = γ0 + γ1ut−1 + εt a) Will OLS estimation be inconsistent? Why?

If the coordinate direction angles for F3 are α = 120°,β = 60°, γ = 45°

If the coordinate direction angles for F3 are α = 120°,β = 60°, γ = 45°, determine the magnitude and coordinate direction angles of the resultant force acting on the eyebolt.

1. Assume α is opposite side a, β is opposite side b, and γ is opposite ...

1. Assume α is opposite side a, β is opposite side b, and γ is opposite side c. Solve each triangle, if possible. Round each answer to the nearest tenth. a. ?=10,?=95°,?=30° b. ?=43.1°,?=184.2,?=242.8

1. Assume α is opposite side a, β is opposite side b, and γ is opposite...

1. Assume α is opposite side a, β is opposite side b, and γ is opposite side c. Solve the triangle, if possible. Round your answers to the nearest tenth. (If not possible, enter IMPOSSIBLE.) α = 36°, γ = 70°, a = 35 β = ° c = b = 2. Assume α is opposite side a, β is opposite side b, and γ is opposite side c. Solve the triangle, if possible. Round your answers to the nearest...

For the following exercises, assume α is opposite side a,β is opposite side b, and γ ...

For the following exercises, assume α is opposite side a,β is opposite side b, and γ is opposite side c. Determine whether there is no triangle, one triangle, or two triangles. Then solve each triangle, if possible. Round each answer to the nearest tenth. 1) α=119°,a=14,b=26 2) a=7, c=9, α= 43°

Please answer the following question Discuss natural radioactivity in terms of α, β, and γ radiation....

Please answer the following question Discuss natural radioactivity in terms of α, β, and γ radiation. Give equations for each illustrating what happens if the original atom is given by AZM. b) State the law of radioactive decay. c) Define exactly what is meant by the half-life of a radioactive substance? d) Define carefully binding energy, fission and fusion. Where does the energy released come from?

Using Baynesian estimation. 1. Let X is Poi(Ꝋ). Let Ꝋ be Γ(α, β). Show that the...

Using Baynesian estimation. 1. Let X is Poi(Ꝋ). Let Ꝋ be Γ(α, β). Show that the marginal pmf of X (the compound distribution) is k1(x) = (Γ (α + x) β^x) / (Γ(α) x! (1 + β)^(α+x ); x = 0, 1, 2, 3, …, which is a generalization of the negative binomial distribution.

Given below are statements that summarize the characteristics of α, β, and γ rays. Identify the characteristics that correspond to each type of radiation.

Characteristics of α, β, and γ rays Given below are statements that summarize the characteristics of α, β, and γ rays. Identify the characteristics that correspond to each type of radiation. 1. it is symbolized as 4/2 He 2. it has the weakest penetrating power 3. It is a high-speed electron 4. It possesses neither mass nor charge 5. it has the strongest penetrating power 6. its is symbolized as 0/-1e 7. it is the most massive of all the components Drag the appropriate...

Consider α-diversity, β-diversity, and γ-diversity. (That is, alpha-diversity, beta-diversity, and gamma-diversity.) Over time, is habitat fragmentation...

Consider α-diversity, β-diversity, and γ-diversity. (That is, alpha-diversity, beta-diversity, and gamma-diversity.) Over time, is habitat fragmentation likely to increase or decrease each of these types of diversity within a landscape? Briefly explain your reasoning.

Question