ECON 5410 Lecture 4:

0 views4 pages
20 Apr 2020
Department
Course
Professor
9
LrcTuf?E
~/30/
,q
f
['fJ
j5
")(p
t>cfn
I
f
r
'--
\.
...
o
vq
ue.
Ot
Y
of
E[Y/xJ
expecte&
value
t ['!IX:,], E [
'flX::o]
we
Car,
co,..,pQJ"IJZ.
w
;fh
rYJeans
a11d.
tests
w'l-rh
1:--iests .
\,J
ha
r
it
X iS
t')6't
Q
du
Mf\')d
f [ 'f
I
X]
5u
ch
~
[ [
w
l\J
e )
e
d
u
c
at
i
on
J
We
will
est;0?ate a
li,.,eQ.}l.
relat;on-sh~p
Y
=
~
-t
{d,_
X t
~
L---.i,
1
L)rond.o,...,
co,.....ponent
chter""ini
st
,c
c~~
.
Es-l·•"'}at°i•tJ
q
line
recz_uir~
Q
slope
a,-,J.
on-iryren.ce.pl:
y~
r--,z+9-
\~ ~il')-lvicept
5
ope
"
"'
""'e
esb(Y)Qte
pa,af"\e.tV\.8
~o
Of)d
~1-
Y
deper,den-f:
van;
able
I\
/ Y
~;
s
our
pred;
ctec!
value
X
->
i1d
epel")denr
vQhiab/e
-P.
-~
consiq,.,l:;
(or
ir,t01cept)
~1.
~
5
lope
co
e
ff;
C
i e.nt
E
~
~e
error
4errry
~
-:>
t-ne
resi
duaJ.
"'
"
'Y
tJ
I,
e
n
X
=
c, ;
~..
i..5
Y
to
r
X
~
o
~.
',.5
11,e
chq0ae.
·
,0
y
for
1
un;
l:-
chon3
e.
i
f")
X
4t-
=
~.
dx.
Unlock document

This preview shows page 1 of the document.
Unlock all 4 pages and 3 million more documents.

Already have an account? Log in

Get OneClass Notes+

Unlimited access to class notes and textbook notes.

YearlyBest Value
75% OFF
$8 USD/m
Monthly
$30 USD/m
You will be charged $96 USD upfront and auto renewed at the end of each cycle. You may cancel anytime under Payment Settings. For more information, see our Terms and Privacy.
Payments are encrypted using 256-bit SSL. Powered by Stripe.