Ask Econometrics Expert

Suppose that the following represents the (estimated) sample regression results for the   heights and weights of a random sample of 200 twenty-year-olds.

Weight = -99.41 + 2.5 X Height, R2 = 0.75, SER = 12,

Where weight is measured in pounds and height is measured in inches.

a) Predict the weights of (i) Bell who is 70 inch tall, and that of (ii) Normal, who is 62 inch tall.

b) If Chi grew 2 inch taller in a year, explain how to find the change in weight. Calculate the change in weight (show the calculation).

c)  What is the sample standard deviation of weights (USE FORMULAS FOR R2, and SER,pages, 120 and 121 of the textbook)?

d) Suppose that you are asked to present the regression results to Europeans, (who use metric system of measurement (that is- in centimeter and kilogram units), re-write the regression in those units to make them understand the results better.

e) Which parts of the regression results are unaffected by the change in units. Explain why are they unaffected.

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9744649

Have any Question?


Related Questions in Econometrics

Monte carlo exercisein order to illustrate the sampling

Monte Carlo Exercise In order to illustrate the sampling theory for the least squares estimator, we will perform a Monte Carlo experiment based on the following statistical model and the attached design matrix y = Xβ + e ...

Economics and quantitative analysis linear regression

Economics and Quantitative Analysis Linear Regression Report Assignment - Background - In your role as an economic analyst, you have been asked the following question: how much does education influence wages? The Excel d ...

Basic econometrics research report group assignment -this

Basic Econometrics Research Report Group Assignment - This assignment uses data from the BUPA health insurance call centre. Each observation includes data from one call to the call centre. The variables describe several ...

Question - consider the following regression model for i 1

Question - Consider the following regression model for i = 1, ..., N: Yi = β1*X1i + β2*X2i + ui Note that there is no intercept in this model (so it is assumed that β0 = 0). a) Write down the least squares function minim ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As