EC315 Final Review

EC315 Final Review - Hypothesis Testing and confidence...

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Unformatted text preview: Hypothesis Testing and confidence intervals Multiple Regression Two Specific Knowledge Short answer Essay Because you will be doing arithmetic-style calculations, you will need to bring with you a calculator. The only necessary computation needed for the calculator is to do square root because some of the numbers are not 25, 36, 49 or the like that you could perform without a calculator. The multiple regression problem will present the output of a multiple regression to you; your responses to a series of questions about the output will be to interpret the regression output and also to use the regression equation to do a model estimation problem-see PowerPoint slide 14-37 for the example [Chapter 14, slide #37]. Equation: (Pg 437) The first "specific-knowledge" question deals with the notion of "independent observations" in multiple regression and understanding autocorrelation and the test for detecting autocorrelation which is described in the second to the last sentence...
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