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Study Guides for ECON 3U03 at McMaster University

Econometrics I

ECON 3U03 Study Guide - Midterm Guide: Normal Distribution, Null Hypothesis, Test Statistic

1. (45 marks) Female labour supply. (a) Given that there are as many as 1,762 observations, we can use the standard normal distribution. The 99% confidence interval for the intercept is (24.12 - 2.58 * 3.87,...

Economics
ECON 3U03
Shintaro Yamaguchi
ECON 3U03 Study Guide - Midterm Guide: Normal Distribution, Null Hypothesis, Test Statistic

1. (20 marks) (a) The wage elasticity of labor demand (5 marks). (b) 90% of variation of the data is explained by the regression model (5 marks). (c) Note that SST = N ▯Var(lni ) = 100 (5 marks). Because SSE...

Economics
ECON 3U03
Shintaro Yamaguchi
ECON 3U03 Study Guide - Midterm Guide: Null Hypothesis, Money Illusion, Test Statistic

ECON 3U03: Test 3 Instructor: Shintaro Yamaguchi November 22, 2011 ▯ Do not start or read problems starting from the next page until you are told to do so ...

Economics
ECON 3U03
Shintaro Yamaguchi
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