Consider the following model: price = Bo + Bi lotsize + B2sqrft + u Assume that the error variance is given as: Var(u) = lotsize o? Does the model have a homoskedastic error term? [blank 1] enter "yes" or "no" Write the transformed equation for weighted least squares (WLS) [blank2). Blank # 1 Blank # 2

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Consider the following model:
price = Bo + Bi lotsize + B2sqrft + u
Assume that the error variance is given as:
Var(u) = lotsize o%
Does the model have a homoskedastic error term? [blank 1] enter "yes" or "no"
Write the transformed equation for weighted least squares (WLS) [blank2).
Blank # 1
Blank # 2
Transcribed Image Text:Consider the following model: price = Bo + Bi lotsize + B2sqrft + u Assume that the error variance is given as: Var(u) = lotsize o% Does the model have a homoskedastic error term? [blank 1] enter "yes" or "no" Write the transformed equation for weighted least squares (WLS) [blank2). Blank # 1 Blank # 2
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