« previous next »

Author Question: Think of an example involving five possible quantitative outcomes of a discrete random variable and ... (Read 55 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
Think of an example involving five possible quantitative outcomes of a discrete random variable and attach a probability to each one of these outcomes.

Question 2

With heteroskedastic errors, the weighted least squares estimator is BLUE. You should use OLS with heteroskedasticity-robust standard errors because


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1



Answer to Question 2



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Random, regular, and clumped distributions. Random, regular, and clumped distributions.
Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Metabolic reactions involving synthesis, interconversion, and utilization of one-carbon adducts of t Metabolic reactions involving synthesis, interconversion, and utilization of one-carbon adducts of t
My Health: An Outcomes Approach Plus MasteringHealth My Health: An Outcomes Approach Plus MasteringHealth
A reciprocal translocation involving the long arms of chromosomes A reciprocal translocation involving the long arms of chromosomes
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library