Rutgers University - ECONOMICS 220:322IshanPatel _177006082_ Lab _ 4.

Document Content and Description Below

Econometric 322 Lab \#4 Taught by: Prof. Paczkowski: Email: [email protected] (mailto:[email protected]) Collaboration Policy 1. Study groups are allowed but I expect students to ... understand and comple te their own assignments and to hand in one assignment per student. 2. If you worked in a group, please put the names of your study group in t he following table. 3. Just like all other classes at Rutgers, the student Honor Code is taken seriously. The submitted assignment must be your work. Ishan Patel At the End of this Lab This lab will introduce you to doing a simple OLS estimation using Statsmodels. At the end of this lab, you will be able to: run an OLS estimation; retrieve some basic OLS relevant data. https://www.coursehero.com/file/51596110/IshanPatel-177006082-Lab-4pdf/ This study resource was shared via CourseHero.comIshanPatel _177006082_ Lab _ 4 10/28/19, 6*21 PM http://localhost:8890/nbconvert/html/Notebook/IshanPatel%20_177006082_%20Lab%20_%204.ipynb?download=false Page 2 of 8 Assignment Use the water consumption data to estimate a simple regression model. The water consumption data was introduced at the beginning of the semester and is available on Sakai. The unknown parameters of a demand function have to be estimated. Estimate a simple OLS model real per capita water consumption as a function of the real price per gallon. No other variables are to be used since the purpose of this lab is just to have you become familiar with commands [Show More]

Last updated: 1 year ago

Preview 1 out of 8 pages