6. Consider the formula for Var (B,) from a simple regression below. For the regression estimated in Part 1, what is the value of SST, ? || o2 Var(ß) SSTX 7. For the regression estimated in Part 1, what is the value of SST, ?
6. Consider the formula for Var (B,) from a simple regression below. For the regression estimated in Part 1, what is the value of SST, ? || o2 Var(ß) SSTX 7. For the regression estimated in Part 1, what is the value of SST, ?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Just need the answers to 6 and 7 of part 2 please, i have attached my answers to part 1.

Transcribed Image Text:Part 1: OLS basics
Consider the data in the table below.
Y
X
3
1
5
4
3
2
1
7
1. In the space below (or on a separate sheet of paper), plot all observations of the table
above and draw the OLS regression line. You can estimate the slope and constant of
the OLS regression line by hand, with Stata, or with Excel (you don't have to show
your workings). Don't forget to label the axes.
2. The slope coefficient for a regression of Y on X is
3. The constant of a regression of Y on X is
4. The residual for the first observation in the table is
5. The average value of the residuals is
Part 2: Variance of simple OLS slope estimator
6. Consider the formula for Var (B) from a simple regression below. For the regression
estimated in Part 1, what is the value of SST ? |
o2
Var(ß,)
SSTX
7. For the regression estimated in Part 1, what is the value of SST, ?

Transcribed Image Text:1)
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