EY 1 2X2ikXkX2i

a2 n1

Setting these equations equal to zero (the first-order condition for optimization) and letting Â, f2,..., fa and a2 denote the ML estimators, we obtain, after simple algebraic manipulations,

E^ = nfa + ÀE X2i + ••• + faJ^Xki e YiX2i = f 1 e X2i + f 2 e X2i + ••• + fk e X^X*

Was this article helpful?

0 0
Rules Of The Rich And Wealthy

Rules Of The Rich And Wealthy

Learning About The Rules Of The Rich And Wealthy Can Have Amazing Benefits For Your Life And Success. Discover the hidden rules and beat the rich at their own game. The general population has a love / hate kinship with riches. They resent those who have it, but spend their total lives attempting to get it for themselves. The reason an immense majority of individuals never accumulate a substantial savings is because they don't comprehend the nature of money or how it works.

Get My Free Ebook

Post a comment