Question

True or False. JUSTIFY YOUR ANSWER. The 95% Confidence Interval is constructed using exclusively the estimated...

True or False. JUSTIFY YOUR ANSWER.

The 95% Confidence Interval is constructed using exclusively the estimated parameter estimates of the Linear Regression Model.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

True.The 95% confidence iinterval is constructed using exclusively the estimated parameter estimates of the linear regression model.

Note:

An interval constructed, based on the observed data(estimated parameter), with a procedure such that if you repeat the sample process by which the observed data was obtained and the construction of the confidence interval with the estimated patameter, the fraction of confidence intervals containing the population parameter would be 95%.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Are the following statements True, False or Uncertain? You will also need to justify your answer....
Are the following statements True, False or Uncertain? You will also need to justify your answer. (a) In using cross-sectional data to investigate the demand for food, prices of food are likely to exhibit little or no variation which leads to biased econometric estimates of the parameters of the demand equation. (b) If the disturbances in a classical linear regression model are not normally distributed, then the OLS estimator is no longer BLUE but it is still unbiased.
True or False, and explain why. Suppose that we obtain a 95% confidence interval [3.58,5.71] for...
True or False, and explain why. Suppose that we obtain a 95% confidence interval [3.58,5.71] for the parameter β2. It means that the probability that the true value of β2 is within [3.58, 5.71] is 0.95.
If a confidence interval is constructed at a confidence level of 99% instead of 95%: a)Estimation...
If a confidence interval is constructed at a confidence level of 99% instead of 95%: a)Estimation precision decreases b)The precision of the estimate is not altered c)We can accurately calculate the value of the parameter of interest d)Estimation accuracy improves significantly
True/False 1. a) For the 95% confidence interval we are sure that the true mean is...
True/False 1. a) For the 95% confidence interval we are sure that the true mean is in this interval. b) A sample of 100 fuses from a very large shipment is found to have 7% of defective fuses. The Q/C inspector can calculate the confidence interval for defective fuses.
The confidence coefficient for a 95% confidence interval is z = 1.645. Group of answer choices...
The confidence coefficient for a 95% confidence interval is z = 1.645. Group of answer choices True False Flag this Question Question 21 pts When using the t-distribution to construct a confidence interval on the population mean, the degrees of freedom are n - 1. Group of answer choices True False Flag this Question Question 31 pts For n = 121, sample mean = 96 and a known population standard deviation σ = 14, construct a 95% confidence interval for...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. Assume a...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. Assume a regression coefficient has a p-value of 0.02. Then, at 95% confidence we reject the hypothesis that the true parameter is zero. However, at 99% confidence we accept the same hypothesis.
For a given population with unknown mean The size of the 95% confidence interval for the...
For a given population with unknown mean The size of the 95% confidence interval for the mean is smaller than that of the 99% confidence interval True                 b)   False         In a Least Square Method, the Coefficient of Determination Provides the value of the slope of the SLR model True                 b)   False         Can vary between 0 and 1 True                 b)   False         Can vary between -1 and 1 True                 b)   False         Provides the intercept of the SLR model...
True or False. Explain your answer: d) Least squares estimates of the regression coefficients b0, b1,...
True or False. Explain your answer: d) Least squares estimates of the regression coefficients b0, b1, . . . bn are chosen to maximize R2 . e) If all the explanatory variables are uncorrelated, the variance inflation factor (VIF) for each explanatory variable will be 1. ) b0 and b1 from a simple linear regression model are independent.
8. In the first experiment you construct 95% confidence interval based A sample size of 50...
8. In the first experiment you construct 95% confidence interval based A sample size of 50 and in the second experiment you construct a 95% confidence interval based on a sample size of 80 A) the probablity that the parameter of interest will be inside the second confidence interval is higher since the sample size is bigger True? False? Explain B) the size of the second confidence interval is wider than the size of the first confidence interval True? False?...
12.1. State whether the following statements are true or false. Briefly justify your answer. a. When...
12.1. State whether the following statements are true or false. Briefly justify your answer. a. When autocorrelation is present, OLS estimators are biased as well as inefficient. b. The Durbin–Watson d test assumes that the variance of the error term ut is homoscedastic. c. The first-difference transformation to eliminate autocorrelation assumes that the coefficient of autocorrelation rho is -1. d. The R2 values of two models, one involving regression in the first-difference form and another in the level form, are...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT