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November 29, 2007

MT 2 Answers

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Posted by bparke at 11:39 PM | Comments (0)

November 27, 2007

Midterm 2

Posted by bparke at 05:00 PM | Comments (0)

November 20, 2007

Midterm 2 Summer 2007 and More

We reviewed the "required elements" to a t-test question that asks for details.

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We elected not to repeat the Cobb-Douglas questions, which are available in a couple of other places. What follows is some extra material.

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Posted by bparke at 05:01 PM | Comments (0)

November 15, 2007

Review

Left-out variables, one more time, with feeling:

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Bonus material (not on exam):

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Sometimes, a regression with a lower R-squared is "better."

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Proof you cannot make sense out of the t ratio with one dummy variable picked to be left out:

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Posted by bparke at 05:02 PM | Comments (0)

November 13, 2007

Q & A

Testing for constant returns to scale and technological progress for the Cobb-Douglas production function:

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Elasticities:

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Possible heteroskedasticity corrections:

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Posted by bparke at 10:34 PM | Comments (0)

Simultaneity

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Posted by bparke at 10:28 PM | Comments (0)

November 08, 2007

Discussion of Heteroskedasticity and Serial Correlation

We discussed these two topics, but the proctor for the exam in the 12:30 class erased much of the board before I started taking pictures.

Posted by bparke at 09:59 PM | Comments (0)

November 01, 2007

Heteroskedasticity

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Posted by bparke at 04:22 PM | Comments (0)