Question Details

Answered) The variable x can be written in terms of a dummy instrumental variable z as, = + + where ( | ) = . Find ( | = ). ( | = ) = [( + + ) | = ] = ( | = )...


Screen Shot 2017-04-25 at 10.23.16 AM.pngScreen Shot 2017-04-25 at 10.23.24 AM.png

Having solved A + B, Solve C (Answer to A & B) is attached and to the tutor who answered it *tip this time!

a. The variable x can be written in terms of a dummy instrumental variable z as, = + + where ( | ) = .
Find ( | = ).
( | = ) = [( + + ) | = ]
= ( | = ) + ( | = ) + ( | = )
= + ( | = ) + [ ( | ) = ]
= + () [ ( | = ) = ]
= Find ( | = ).
( | = ) = [( + + ) | = ]
= ( | = ) + ( | = ) + ( | = )
= + ( | = ) + [ ( | ) = ]
= + () [ ( | = ) = ]
= + = ( + ) − = ( | = ) − ( | = )
b. Consider the simple regression of y on z, = + + From the sample data it was obtained that, Ì…) =
∑( − ̅)( − = ( − )(
̅ − ̅ ) ∑( − ̅) =
= ( − ) The OLS estimator for the slope of the above simple regression equation of y on z is,
̂ = ∑=( − ̅)( − ̅)
∑=( − ̅) ( − )(
̅ − ̅ )
= (
− ) ̅ − ̅ )
= (

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 05, 2019

PRICE: $18

Solution~000200085121.zip (25.37 KB)

Buy this answer for only: $18

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 05, 2019

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now