Homoscedasticity

Construct a scatterplot where the growth rate for the period is on the y-axis, and the personal income per capita for the initial year of the period under analysis is on the x-axis.

Module 8: Assignment: Analysis and Convergence Hypothesis Review the lecture ECON_760_M8. Select 7 counties in a US state. Search https://www.bea.gov/data/income-saving/personal-income-by-state for personal income per capita for those counties. Include in your final assignment from 1971 to 2020. Identify whether beta convergence holds in the chosen state. 1. Evaluate the convergence σ. (See slides 36, 47, […]

Does caffeine intake improve response time for people that have slept less than 7 hours in the last 24 hours?

The MLR model to use is Simultaneous as this is described as the easiest, unless there is one easier for you. In this I need the following assumptions checked off on the data set. Multicollineriaty (coefficients table) Outliers (residuals table) Homoscedasticity (of the residual error) (residuals scatterplot) Normality (of the residual error) (residuals histogram) These […]

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