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Pina · 2020年07月15日

问一道题:NO.PZ201512020300000901

* 问题详情,请 查看题干

问题如下:

Based on Exhibit 1, Olabudo should:

选项:

A.

conclude that the inflation predictions are unbiased.

B.

reject the null hypothesis that the slope coefficient equals 1.

C.

reject the null hypothesis that the intercept coefficient equals 0.

解释:

A is correct. If the consensus inflation forecast is unbiased, then the intercept, b0, should equal 0, and the slope coefficient, b1, should equal 1. The t-statistic for the intercept coefficient is 0.5351, which is less than the critical t-value of 2.0, so the intercept coefficient is not statistically different than 0. To test whether the slope coefficient equals 1, the t-statistic is calculated as: t=–1.0968

Because the absolute value of the t-statistic of –1.0968 is less than the critical t-value of 2.0, the slope coefficient is not statistically different than 1. Therefore, Olabudo can conclude that the inflation forecasts are unbiased.

老师好 这题我用排除法 做的, 但是就是从选项C 中看不是intercept 应= 0 得吗, 因为假设检验后得结论是不拒绝原假设,原假设是 intercept = 0 . 那现在题目给的intercept 不等于0, 是否说明intercept 是有biased? 那这样看A 不是错的吗? 谢谢。

1 个答案

星星_品职助教 · 2020年07月17日

同学你好,

由于intercept对应的t-statistics很小,所以无法拒绝原假设,C选项错误。也即说明了intercept应该是0,原方程建立的有问题。所以将intercept=0代入原方程就可以了,就可以得出A选项的结论

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NO.PZ201512020300000901 老师好 为啥 If the consensus inflation forecast is unbiase then the intercept, b0, shoulequ0, anthe slope coefficient, b1, shoulequ1. 这里该怎么理解?谢谢

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