A Model Estimated Using a Dataset with 125 Observations Generates $\beta$

question 9

Multiple Choice

A model estimated using a dataset with 125 observations generates the following results. What are the endpoints for the 95% confidence interval for $\beta$ ₃?

• A)(-0.6842,1.8758)
• B)(-1.3842,2.5758)
• C)(.5672,6245)
• D)(-40.5435 ,41.7251)

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Definitions:

Variance

A statistical measure that represents the dispersion or spread of a set of data points.

Probability

A measure of the likelihood of a certain event or outcome, expressed as a number between 0 and 1.

PERT Network

A project management tool used to schedule, organize, and coordinate tasks within a project.

Expected Time

In project management, the average time estimated for the completion of a task or project, considering the most likely, optimistic, and pessimistic scenarios.