QuestionQuestion

(a) Using what you know about running a regression model (i.e. theory) without an intercept, is it possible this suggestion would work? What would be some dangers to this approach?

(b) Using results from the data you are provided, show whether this suggestion actually works. Consider the results of the model with and without an intercept. Would you feel comfortable following this colleague’s suggestion? Explain why or why not.

Y X1
600 0
400 0
900 0
600 11
500 0
600 44
800 0
400 11
700 22
700 39
800 0
800 78
600 67
600 0
800 78
600 0
500 17
1100 33
900 0

Solution PreviewSolution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Regression and Econometrics Questions
    $8.00 for this solution

    PayPal, G Pay, ApplePay, Amazon Pay, and all major credit cards accepted.

    Find A Tutor

    View available Econometrics Tutors

    Get College Homework Help.

    Are you sure you don't want to upload any files?

    Fast tutor response requires as much info as possible.

    Decision:
    Upload a file
    Continue without uploading

    SUBMIT YOUR HOMEWORK
    We couldn't find that subject.
    Please select the best match from the list below.

    We'll send you an email right away. If it's not in your inbox, check your spam folder.

    • 1
    • 2
    • 3
    Live Chats