💬 👋 We’re always here. Join our Discord to connect with other students 24/7, any time, night or day.Join Here!

Get the answer to your homework problem.

Try Numerade free for 7 days

Like

Report

Use CRIME 3 for this exercise.(i) In the model of Example 13.6 , test the hypothesis $H_{0} : \beta_{1}=\beta_{2}$ . (Hint: Define $\theta_{1}=\beta_{1}-\beta_{2}$ and write $\beta_{1}$ in terms of $\theta_{1}$ and $\beta_{2}$ . Substitute this into the equation and then rearrange. Do a $t$ test on $\theta_{1 .}$ .(ii) If $\beta_{1}=\beta_{2},$ show that the differenced equation can be written as$\Delta \log \left($crime$_{i}\right)=\delta_{0}+\delta_{1} \Delta \operatorname{avgclr}_{i}+\Delta u_{i}$where $\delta_{1}=2 \beta_{1}$ and avgclri $=\left(c l r p r c_{i,-1}+c l r p r c_{i,-2}\right) / 2$ is the average clear-up percentage over the previous two years.(iii) Estimate the equation from part (ii). Compare the adjusted $R$ -squared with that in $(13.22) .$ Which model would you finally use?

(i) not significant (ii) see video (iii) worse fit with imposed restriction

No Related Courses

Chapter 13

Pooling Cross Sections Across Time: Simple Panel Data Methods

No Related Subtopics

Savannah S.

May 27, 2021

Can you show us which stata command you used for these?

07:33

Use the data in MEAP9 3 to…

02:17

Suppose that a recent arti…

01:28

Involve a design matrix $X…

12:04

Consider a model where the…

11:09

For Exercises 1 through $1…

00:39

The average length of pris…

05:31

Consider the following mod…

01:02

Use the following informat…

09:46

Use the data in WAGEl for …

00:38

00:22

12:25

Use the data in TWOYEAR fo…

Determine the $p$ -value f…

04:00

The numbers of crimes (in …

07:58

Use the data in WAGE2 for …

04:35

Find the confidence coeffi…

02:31

Calculate the $p$ -value f…

10:44

Refer to Computer Exercise…

05:50

For Exercises 3 through $1…

mhm part one. We test the now have policies. Beta one equals beta too. The teeth. The district is about 1.7 very small. So this is not significant. We are unable to reject the null hypothesis. If beta one equals beta to the regression equation, become the change in the lock of crime rate can be written as a function of an intercept. Plus, they'll tell one times the change in c l r p r c like for one period, plus the change in c l R P r c lag for two period. Okay, divide by health and plus the difference in the error term, the term in the square bracket. It's actually the change in average C l r. And the coefficient Delta Juan is twice the size of beta one. If we estimate this equation, this is what we get. Mhm. Based on the adjusted our square, we have a slightly worse fit with the restriction imposed. Yeah, okay,

View More Answers From This Book

Find Another Textbook

Use the data in MEAP9 3 to answer this question.(i) Estimate the model

Suppose that a recent article stated that the mean time spent in jail by a f…

Involve a design matrix $X$ with two or more columns and a least-squares sol…

Consider a model where the return to education depends upon the amount of wo…

For Exercises 1 through $12,$ use the Kruskal-Wallis test and perform these …

The average length of prison term in the United States for white collar crim…

Consider the following model to explain sleeping behavior:sleep $=\beta_…

Use the following information to answer the next seven exercises: Suppose th…

Use the data in WAGEl for this exercise.(i) Use OLS to estimate the equa…

Use the data in TWOYEAR for this exercise.(i) The variable stotal is a s…

Determine the $p$ -value for the following hypothesis tests for the differen…

The numbers of crimes (in millions) committed in the United States from 2008…

Use the data in WAGE2 for this exercise.(i) Consider the standard wage e…

Find the confidence coefficient, $t\left(\mathrm{df}, \frac{\alpha}{2}\right…

Calculate the $p$ -value for each of the following hypothesis tests.a. $…

Refer to Computer Exercise $\mathrm{C} 2$ in Chapter $3 .$ Now, use the log …

For Exercises 3 through $12,$ use the Wilcoxon rank sum test. Assume that th…

05:03

Consider the model estimated in $(10.15) ;$ use the data in INTDEF.(i) F…

02:57

The forces of competition in markets with free entryand exit tend to eli…

02:18

In testing for cointegration between gfrand pe in Example $18.5,$ add $t^{2}…

15:05

Use the data in VOTE1 for this exercise.(i) Consider a model with an int…

01:52

Measuring to what extent discrimination affects labormarket outcomes is …

02:19

A business consulting firm hires Robin because shewas a math major in co…

14:25

$$\begin{array}{l}{\text { Use the data in } 401 \mathrm{KSUBS} \text { …

00:13

Use the data in ELEM94 95 to answer this question. See also Computer Exercis…

00:07

Use the data in PNTSPRD for this exercise.(i)The variable favwin is a bi…

05:01

Add the variable log( prgnp) to the minimum wage equation in $(10.38) .$ Is …