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Unformatted text preview: f Y . Determine the variance of the prediction error associated with each estimator. c) Consider predicting the conditional mean of the dependent variable ( ) f f X Y E | . Determine the variance of the prediction error associated with each estimator. d) Suppose that . 4 2 2 t t X EU = As the point f moves further into the future, how does this influence your choice of estimator? Does it matter whether the prediction is of f Y or of ( ) f f X Y E | ?...
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This note was uploaded on 12/26/2011 for the course ECON 245a taught by Professor Staff during the Fall '08 term at UCSB.
- Fall '08