Hi I have this econometric homework due in 10 hrs, I need someone who are really confident about this field and are able to use stata to send a handshake with me!!! If it writes requires STATA, I need you to send a do.file to me in stata format.This is my take home midterm exam so it’s really important to me!!! Thank you very much!!
Here is the instruction.
A number of struggling students asked me questions about the midterm in office hours and after class, and I gave a few hints. In order to make things fair, I wrote up these hints below for the whole class.
Question 1. This should be easy. You can write the hypotheses in words or more formally.
Question 4. Construct a dummy variable for whether the student is the older or younger one in the family, and then use ttest …, by() in stata.
Question 5. To answer this question you have to understand what a multivariate regression does. While I explained this many times in class, Stock & Watson also has a detailed discussion.
Question 6. This should be easy. Just remember that forecasting is closely related to R^2.
Question 7. Don’t be confused by the words–they’re there to teach a new idea to students who know what’s going on. Just interpret the t-test as you would any other t-test.
Question 8. To answer this question you really need to know what an acceptance region is. This question should separate the students who actually understand what an acceptance region is from students who are only capable of mechanically calculating t-statistics and p-values.
Question 9. This one is really easy, don’t overthink it.
Question 10. This one is challenging, but I gave you the required formula in the hint.
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