INTRODUCTION TO ECONOMETRICS II ECO 306 NOUN 72 17 16 8
2,108 18 17
-44 2,156 19 18
-364 1,936 20 19 568 2,968 Regressing
Y on
X, one obtains the equation (standard
errors in parentheses ̂ SEE (190) (17.1) Why is the constant in this equation not equal to 500
and the coefficient of X not equal to 100?
What is the meaning
of the standard errors 2.) The experiment is repeated with nine other new players (the disturbance term being generated by 400 times a different set of 20
random numbers in each case, and the regression results for all ten players are shown in the following table.
Why do the constant, the coefficient of
X, and the standard errors
vary from sample to sample Share with your friends: 
