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solutions_chapter_2.pdf

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Department
ECON
Course
ECON 201
Professor
All Professors
Semester
Fall

Description
CHAPTER2 Exercise Solutions 1 Chapter 2 Exercise Solutions Principles of Econometrics 3e2 EXERCISE 21a2yy x xx xxxxyyy 3 5 2 4 3 6 2 2 1 1 0 0 1 3 0 0 1 0 1 2 2 4 0 0 0 2 1 1 4 4 2x y xxxxyy xxyyiiii5 10 0 10 0 1012xy xxyy10bb is the estimated slope of the fitted line 1b22210xx2111bybxb is the estimated value of y when x0 it is the estimated 121intercept of the fitted line5222222c321101 5xi1i5352213120220xyiii1552222155110xNxxxii11ii552051210xyN x yxxyyiiiiii11 d2x y y exe eiiiiiii3 5 4 1 1 3 2 2 3 1 1 2 1 3 2 1 1 1 1 2 0 2 4 2 0 2 1 3 9 0 2xyyeexeiiiiiii5 10 10016 0 e Refer to Figure xr21 below
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