Textbook Notes (363,507)
York University (12,360)
Economics (958)
ECON 3210 (6)
Chapter 2

# SolutionsChapter2.pdf

14 Pages
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School
York University
Department
Economics
Course
ECON 3210
Professor
Razvan Sufana
Semester
Fall

Description
CHAPTER 2 !"#\$%&'#()*+,-&*.'( 21 /012-#\$(34(!"#\$%&'#()*+,-&*.'4(Principles of Econometrics, 4e 22 ( EXERCISE 2.1 516( ( 3 yy▯ ( x ( y x ▯ x ( ▯▯ ▯ x ( ▯ x ▯xy▯▯ ▯ ( 7( 8( 93( :( ;<8( í=<3( >( 3( 9>( >( í7( >( >( í>7( >3( 7( >7( 7( í>;( ( ( x y 34 3; >7 ( b (&'(-0#(#'-&B1-#C('+*2#(*D(-0#(D&--#C(+&.# 3 ( b>(&'(-0#(#'-&B1-#C(F1+,#(*D(Ey56 (G0#.( x 7 H(&-(&'(-0#(&.-#\$%#2-(*D(-0#(D&--#C(+&.#▯3▯; :7; ( i > E ( ¦ xii u78u>3u3▯;u;>u:7>> ( i > E 3 3 3 3 ( ¦ ¦xi▯ u▯xi ;7 E 3 >7 ▯▯ x ( i> i > E E ( ¦ ¦xiix▯▯▯ >> E 3 3; y i▯▯ i▯▯ ( i> i > ( 5C6( ( 3 xi( y i( yi( ei( ei( xii ( 7( 8( E( >( >( 7( >( 3( ;<=( í><=( 3<=( 3( ;( 3<3( ;( >( ><>( í7<>( 7<7>( í77( >3( >3( 7( : 3 > 3 > 3 ( 506(( (( yNyI ¦ i y>3 E 3:;;; ( 3 ▯▯x▯ 3 >7 ¦ i /012-#\$(34(!"#\$%&'#()*+,-&*.'4(Principles of Econometrics, 4e EXERCISE 2.2 § >?7 ·▯P X ▯P 3>E ▯P 516( (( P ▯ ▯7 P▯▯ 3>E ¨ ¸ ▯7y77Ox3P 777▯3P yx 777O3P yx ( ¨ V V 3 V 3 © ¹ 7y77Ox3P 777O3P yx 77O73P yx ▯ P▯ Z>?·▯3▯ 77 3>E 377 © ¹ >77 >77 ( ( ( ( ( ( ( ( ( ( (( ( (( ( E ▯P▯▯ ▯3 > ( 77: ( Figure xr2-2a .4 .3 f(z) .1 0 -2 1.5 -5 z 5 ( ( § X ·▯P >J7 ▯P 5A6( (( PX▯ ▯ ! >J7 P ¨ ¸ ! 7y77Ox3P 777O3P yx ( ¨ ¸V V 3 © ¹ 777O3P 777O3P yx § · >J7▯377 PZ © ¹ >77 ( ( ( (( > >PZ ▯ ▯ ( 7; ( Figure xr2-2b .4 .3 f(z) .1 0 -1 -5 z 5 ( /012-#\$(34(!"#\$%&'#()*+,-&*.'4(Principles of Econometrics, 4e Exercise 2.2 (continued) §>?7▯P 7y77Ox3P 777O3P yx 777O3P3>E▯P yx 5%6( (( P ▯ ▯▯P ▯ 3>E ¨ ¸ 3▯ 3 3 ▯ ( ¨ V 777O3PV 777O3Pyx 77O73P yx © ¹ §>?·▯3▯ 77 3>E 377 ▯ ▯ ¨ ¸ © ¹ ?> ?> ( ( ( ( ( ( ( ( ( ( (( ( (( ( ▯P ▯ ▯▯3▯333 ><8888 ( 7 § X ▯P >J7▯P 5C6( (( PX▯ ▯ !>J7 P ¨ ¸! 7y77Ox3P 777O3P yx ( ¨ ¸V V 3 © ¹ 777O3P 777O3P yx § · >J7▯377 PZ¨ ¸ © ¹ ?> > > (( >( < ( ▯> >PZ▯ ▯ ( 788= EXERCISE 2.3 516( 5A6( ( ( ( ( V # \$ 1 ( ' # - 1 B & - ' # ( ' # \$ 1 , Q ' ( -
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