ec-53 - 1 April 22, 2009 It is E370 Time! Announcements W...

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1 April 22, 2009 It is E370 Time!!! Announcements WarmUps Questions Today’s Goals: You should be able to T correctly define Type I and Type II error for a given situation. T compare the notation for a regression model and an estimated equation. T compare the sum of squared error to the sum of squared deviations. T analyze the relationship between sum of squared error and sum of squared deviations. T analyze the statistics which are used to calculate parameter estimates. Next Time~~Goodness of Fit Announcements T A class mate found an error in the answer key to the practice problems in Chapter 7 of the lab manual. On page 78, #3, the Excel command is correct, however the resulting value should be 0.9518. T Information about this week’s lab exam has been posted. From last week, report your example of hypothesis testing you do everyday. T Write down the hypotheses T a statement of Type I error and T a statement of a Type II error. Ideally, . . .
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This note was uploaded on 04/19/2011 for the course ECON 200 taught by Professor Staff during the Winter '09 term at Indiana.

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ec-53 - 1 April 22, 2009 It is E370 Time! Announcements W...

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