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Homework1 Part A
Homework1 Part A
Problem Set 1 Part A – Due at the beginning of class Wednesday, March 8, 2023
Part I (6’). For each of the following questions, choose the one best answer. Briefly
explain your reasoning (2’ each).
a. E ( X ) − E ( Z ) + 2 E ( XZ )
b. E ( X ) + E ( Z )
c. the same as E ( Z − X )
d. E ( X ) − E ( Z )
b. is t-distributed
c. is F-distributed
3. What can be said about the estimated slope coefficient for a regression of Y
on X , versus the estimated slope coefficient for a regression of X on Y ?
Part II (30’). The CNN/USA Today/Gallup poll conducted on September 3-5, 2004,
surveyed n=755 likely voters; 405 reported a preference for President George W.
Bush, and 350 reported a preference for Senator John Kerry. Let p denote the
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fraction of all likely voters who preferred Bush at the time of the survey, and p̂ be
the fraction of survey respondents who preferred Bush. (5’ each)
a. Show E ( pˆ ) = p , Var ( =
pˆ ) p (1 − p ) / n .
b. Use the survey results to estimate p , and estimate the standard deviation of
your estimator.
e. Construct a 95% confidence interval for the fraction of likely voters in the
population who favored Bush in early September 2004.