Can anyone help me find se (b2)? If I can calculate that I can do the rest of the problem. I wasn't given standard deviation or var (b2) so I have no idea how to derive it. FYI this is a calc-free class.
Here's the question:
Based on the data for years 1962-1977 for U.S., Dale Bails and Larry Peppers obtained the following demand function for automobiles:
Where Y=retail sales of passenger cars (in thousands), and x equals the real disposable income (in billions of 1972 dollars)
Note: The se for b1 is not given.
a) establish a 95% confidence interval for B2
x Turn on thread page Beta
Econometrics - Confidence Intervals watch
- Thread Starter
- 19-07-2014 03:21
- 20-07-2014 04:10
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