Disturbances in the linear model, estimation and hypothesis testing

Language: English

Published by Springer US, Humana Jul 1978, 1978

9020707728 / 9789020707724

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -1. 1. The general linear model All econometric research is based on a set of numerical data relating to certain economic quantities, and makes infer ences from the data about the ways in which these quanti ties are related (Malinvaud 1970, p. 3). The linear relation is frequently encountered in applied econometrics. Let y and x denote two economic quantities, then the linear relation between y and x is formalized by: where {31 and {32 are constants. When {31 and {32 are known numbers, the value of y can be calculated for every given value of x. Here y is the dependent variable and x is the explanatory variable. In practical situations {31 and {32 are unknown. We assume that a set of n observations on y and x is available. When plotting the ob served pairs (x l' YI)' (x ' Y2)' . . . , (x , Y n) into a diagram with x 2 n measured along the horizontal axis and y along the vertical axis it rarely occurs that all points lie on a straight line. Generally, no b 1 and b exist such that Yi = b + b x for i = 1,2, . . . ,n. Unless 2 l 2 i the diagram clearly suggests another type of relation, for instance quadratic or exponential, it is customary to adopt linearity in order to keep the analysis as simple as possible. 120 pp. Englisch.…

Seller Inventory # 9789020707724

Title
Disturbances in the linear model, estimation and hypothesis testing
Author
C. Dubbelman
Publisher
Springer US, Humana Jul 1978
Publication year
1978
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
9020707728
ISBN 13
9789020707724
Item weight
187 grams
Dimensions
229x152x7 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

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