You are on page 1of 3

# SOLUTIONS TO EXERCISES IN GOLDBERGER’S

“A COURSE IN ECONOMETRICS”
This ’uno¢ cial’set of solutions may contain typos or errors.

Chapter 2
2.1 0.61
2.2 (a) 0.15; (b) 0.5; (c) 0.85
2.3 0.35
2.4 (a) 1/3; (b) 0; (c) 4/21
2.5 0.2; 0.5
2.6 (a) S = f(Head; 1) ; (Head; 2) ; :::; (T ail; 6)g ; (b) 5/12
2.7 Hint: You may de…ne: X = 1 if a person has been unemployed and X = 0 otherwise.
2.8 (a) 0.4, 0, 1, 0.6, 0, 1, 0.6; (b) 1/9, 1/9, 1/3, 4/9, etc.; (c) 0.48, 0.16, 1, 0.52, 0.16, 1, 0.52
2.9 (a) 0.3456, 0.3456, 0.1296; (b) 0.251, 0.1255, 0.0471
2.10 (a) 1/4, 1/4, 0, 1/4, 1/2; (b) 1/4, 1/4, 0, 1/2, 0

Chapter 3
3.2 Hint: use table 3.1 on page 28.
3.3 5/3, 5, 20/9
3.4 4/3, 2, 2/9
3.5 1/2
3.6 1/2
3.7 (a) (i) 1, 1/4; (ii) 1/2, 1/4; (iii) 3/4, 1/4; (b) (i) 1/2, 0; (ii) exp(-2), exp(-3) (iii) 0, 0.047

Chapter 4
4.1 (a) 3 2x2 + 1 =22; (b) 3 (8=3 + 2y) =11; (c) 2 x2 + y = 2x2 + 1
4.2 P (A) = 19=44; P ( Aj x) = 1 + 4x2 = 4 + 8x2
4.3 x2 + y = (8=3 + 2y)

Chapter 5
5.1 (a) 2 + 3x2 = 3 + 6x2 ; (b) Cov (X; Y ) =

2=121

5.2 (a) E ( Y j x = 1) = 0:5; E ( Y j x = 2) = 0:75; E ( Y j x = 3) = 0:5; (b) 0.6
5.3 (a) 42, 2500, 500, 3000; (b) E ( Xj Z) = Z; (c) 54; (d) E ( Zj X) = 7 + 5=6X; (e) 52
5.4 E ( Y j X) = 6 + (5=7) X; E ( Y j Z) = (6=7) Z
5.6 True
1

(b) E (T ) = n n 1 . 11/27 8. P (A) = 0:158. (d) 16. Var (X) = 0:25. (e) 0. (b) E ( Y j X) = 1 + X 2 .8 Here Chapter 6 6.3 You may skip this exercise. (c) E (X) = 0:5. (c) 0.2 0:977 9. P (A) = 0:5.7 (a) E 1=X 1= E X . Chapter 7 7. Var X = 0:025. (b) 0:954 Chapter 10 10.818 9.3 (a) 4.7 0. y = 4. Also. (g) 0. sxy = 12. Nevertheless. E e2 = 49. here is the solution: 2 Here .781 9. (c) Hint (why the BLP has changed?): notice that E X 3 > 0 ) X has a right-skewed distribution (the right tail is longer). consider the explanation given in the exercise 5. (d) 0. Var (T ) = n2 2 (n 2)(n 1)2 Chapter 9 9. (c) No Here 7. P (A) = 0:148 8.2 (a) x = 1.6 (a) E (e) = 0. Var (e) = 49. (f ) 0.5 Here 7.66 Here Chapter 8 8. s2y = 45. (b) E X = 0:5.1 Here (skip this exercise) 8.7 Here 5. E ( Y j X) = 2.135 9. (b) False.691.2 7/3. (a) E X = 0:5. Var (X) = 0:25. P (A) = 0:999. (b) 6. E ( Y j X) = 2 + X. P (A) = 0:451.813 Here 7. (b) E (X) = 0:5. 2 . Var (T ) = 1=16: 8. Var X = 0:025.4 0. Var (X) = 0:25.6 (b) E (T ) = 1=2. Var X = 0:025. s2x = 4.1 e).6 (a) 50=3 + (5=6) Y1 . (b) p n (un d ) ! N 0.5 0. (c) 16.5. (b) y^ = 1 + 3x 10.7 (a) E ( Y j X) = 1 + X 2 . P (A) = 0:47.3 (a) Use S1.841.1 (a) True.3 (a) E (X) = 0:5.4 (a) E X = 0:5. E W 2 = p1 + 2p1 p2 + p2 : 6.841. (b) 170/3.732 7.4 0. 8.

09874 59.2325 0.1395 0.129 0.5 3. b) 1=X is consistent but biased.152103 0.5 2.112 0.008372 = 1. 4 x^2*p(x) 0.5085 0.76773 0.5 1.4125 0.093 0.048 0.5 6.7 a) 0.028413 0.35.6 a) 4.0045 2.75165 0. Using S .155 0.5 5.000246 0.5 p(x) 0. mY|x -0. c) 5=3 11.079 0.11 Here Chapter 12 12.161 x*p(x) 0.58125 1.8 12.043272 11. 4 11.217525 0.012 0.925 5=3 1:96 p 50 .4795 0.082 0.287 0.155 0.01025 0.175956 0.0385 1.041 0.x 0.006045 0.4 a) = 3.229.083 0. b) P (A1 ) = 0:599.103 0.09874 17. P (A2 ) = 0:977.14651 0. 9.4795 mY|x*p(x) -0.4 Here 3 x*mY|x*p(x) -0.5 T = 29 Y1 + 79 Y2 5:78.20925 0.364 1.5665 1. 0.0401715 0.7918885 6.0022.0032 17.113 0.052 sum 1 mX mY Sx^2 Sxy B A 10. P (A3 ) = 0:841 Chapter 11 11.10 & 11. b) 0:35 5:88 0:0935 11.113 0.95795 12.154 0.4 41 and 59 11.008549 0. 0.5 4. yes.7 8.0470195 0.01116 0.099 0.00049 0. b) Using S.008118 0.0205 0.008927 0.65625 15.019995 0.008561 0.004464 0. 270.91 6.01736 0.11575 6.28825 3.065 0.017402 0.5 17.116312 0.8 a) X.0090675 0.093 0.