INTRODUCTION TO ECONOMETRICS II ECO 306 NOUN 52 adopts two alternative methods of compensating for the under-reporting: a) The researcher adds N billion to the data for Y in each state and N billion to the data for X. b) The researcher increases the figures for both Y and X in each state by 10 percent. 2.) Derive from first principles the least squares estimator of in the model 2.1.7.0 REFERENCES FURTHER READING Dominick, S, & Derrick, R. (2002).Theory and problems of statistics and econometrics.Schaum‟s Outline Series. Dougherty, C. (2007). Introduction to econometrics. Oxford University Press, USA. N Gujaratti, D. (2004). Basic econometrics. McGraw-Hill, New York. Stock, J. H, & Watson, MW. (2015).Introduction to econometrics. Pearson. Smith, G. (2013). Econometric Principles and Data Analysis.Centre for Financial and Management Studies SOAS, University of London, London.
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