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Max/Min value of the independent vars. in the regression
Posted: Mon Jul 11, 2011 9:33 am
by 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
Re: Max/Min value of the independent vars. in the regression
Posted: Mon Jul 11, 2011 9:49 am
by EViews Gareth
I'm not sure I follow your question. Surely beta1 is a coefficient, not a variable.
Re: Max/Min value of the independent vars. in the regression
Posted: Mon Jul 11, 2011 10:00 am
by jwcy45
oh yea.
i would like to see is it possible to find the max/min/variance of beta1?
Re: Max/Min value of the independent vars. in the regression
Posted: Mon Jul 11, 2011 10:04 am
by 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.
Re: Max/Min value of the independent vars. in the regression
Posted: Mon Jul 11, 2011 10:07 am
by 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.