Population Regression Function | Economics
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Econometrics // Lecture 2: "Simple Linear Regression" (SLR) | Exploring Economics
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In this exercise you will create some simulated data and will fit simple linear regression models to it. Make sure to use set.seed(1) prior to starting part (a) to ensure consistent results. (a) Using the rnorm() function, create a vector, x, containing 100 observations drawn from a N(0,1) distribution. This represents a feature, X (b) Using the rnorm() function, create a vector, eps, containing 100 observations drawn from a N(0,0.25) distribution i.e. a normal distribution with mean zero and va
In this exercise you will create some simulated data and will fit simple li…
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