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ECONOMETRICS, 01:220:322:13
Instructor: Adam Gulan
Spring 2008
HOMEWORK #3 (due on 04/16/2008)
Please
answer all questions.
I expect you to provide answers to all inbetween questions and
give a clear explanation of what you are doing and why, as well as to report all appropriate
results and printouts.
1.
You are asked to estimate an econometric model which would explain what are the
possible factors which affect average test scores in Californian school districts. First,
import the data to Eviews and save the workfile. The description of all variables is
attached in the pdf file.
a.
Suppose you can construct a model with
only one
explanatory variable (and the
constant). What would be your dependent variable? Which of the many possible
explanatory variables would you choose. Which econometric/statistical criteria
would guide you? Report the model which you think is the best one together with
all measures upon which you made your choice. Is your explanatory variable
statistically significant? Why or why not? What is the interpretation of the value of
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This note was uploaded on 04/13/2008 for the course ECON 322 taught by Professor Francisco during the Spring '07 term at Rutgers.
 Spring '07
 Francisco
 Econometrics

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