National open university of nigeria introduction to econometrics I eco 355

 
5.0 
SUMMARY 
The unit has vividly looked at the analysis of coefficient of determination 
and this 
measures the goodness of fit. 
However the unit also make some proof of 
and its component which is total sum of 
squares, which is equal to residual sum of square and error sum of squares. 
The interpretation of simple equation of a straight was also analysis which is called the 
simple regression analysis. 
6.0 
TUTOR MARKED ASSESSMENT EXERCISE 
Given 
. Interpret the equation critically. 
7.0 
REFERENCES/FURTHER READINGS 
Gujarat, D. N. (2007) Basic Econometrics, 4
th
Edition, tata Mcgraw – Hill publishing 
company limited, New Delhi. 
Hall, S. G., & Asterion, D. (2011) Applied Econometrics, 2
nd
Edition, Palgrave 
Macmillian, New York city, USA. 

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MODULE THREE: NORMAL LINEAR REGRESSION MODEL (CNLRM) 
UNIT ONE: Classical Normal Linear Regression Model 
UNIT TWO: OLS Estimators Under the Normality Assumption 
UNIT THREE: The Method of Maximum Likelihood (ML) 
UNIT FOUR: Confidence Intervals for Regression Coefficients 
 AND 
 
UNIT FIVE: Hypothesis Testing 
 
 
 
 
UNIT ONE : CLASSICAL NORMAL LINEAR REGRESSION MODEL 
 
CONTENTS 
 
1.0
Introduction 
2.0
Objectives 
3.0
Main content 
3.1. The Probability Distribution of Disturbances U
i 
3.2. The Normality Assumption for Ui
3.2.1. Why the Normality Assumption 
4.0 
Conclusion 
5.0 
Summary 
4.0
Tutor-Marked Assignment 
7.0. 
References/Further Readings