Unformatted text preview: restriction’s error on the estimation results. Mathematics involved with issues presented on page 75 is very tedious. The major points will be demonstrated by way of a complete example using the Longley data, and you are going to do it in Assignment 5! (I have three handwritten pages on the tedious mathematics, if you are interested.) Assignment Two Exact RLS vs Stochastic RLS; Testing for MSE Improvement 5 Pages Due Date: October 28, 2010) BM Unnumbered Caution when using NOINT in SAS. “Model” and “Total” sums of (Typed) squares information is uncorrected for the mean and is not comparable to a sum of squares table that does not use NOINT. “Error” sum of squares between the two is comparable....
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 Fall '10
 BernardMorzuch
 Econometrics, Variance, Probability theory, RLS, stochastic restriction

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