Max/Min value of the independent vars. in the regression

[jwcy45]

Hi,

Here is my regression: y = C + beta1*X

I would like to ask is it possibe to find the Max/Min/Variance value of the independent variables. (Beta1) after being regressed.

Thanks

[EViews Gareth]

I'm not sure I follow your question. Surely beta1 is a coefficient, not a variable.

[jwcy45]

oh yea.

i would like to see is it possible to find the max/min/variance of beta1?

[startz]

Your question doesn't make sense. The estimated value of beta1 is a single number that appears on the screen. This is one draw from a random distribution. The variance of that distribution is estimated by the square of the standard error which appears on the screen. The distribution doesn't have a minimum or a maximum.

[jwcy45]

Your question doesn't make sense. The estimated value of beta1 is a single number that appears on the screen. This is one draw from a random distribution. The variance of that distribution is estimated by the square of the standard error which appears on the screen. The distribution doesn't have a minimum or a maximum.

yeah. thats wht i thought as well. i will go back and ask my lecturer again. cheers anyways.