Problem 2. [SW 14.9] You have a sample of size n = 1 with data y₁ = 2 and x₁ = 1. You are interested in the value of 3 in the regression Y = XB+ u. (Note there is no intercept.) (a) Plot the sum of squared residuals (y₁ - br₁)² as function of b. You can choose your own range for b, one reasonable choice is b € [-2,5]. (Use any software you prefer. Excel is one option.) (b) Show that the least squares estimate of 3 is BOLS = 2. (c) Using ARidge = 1, plot the Ridge penalty term ARidgeb² as a function of b. (d) Using Ridge = 1, plot the Ridge penalized sum of squared residuals (y₁ - bx₁)² + XRidgeb². Please put all three lines in one plot.
Problem 2. [SW 14.9] You have a sample of size n = 1 with data y₁ = 2 and x₁ = 1. You are interested in the value of 3 in the regression Y = XB+ u. (Note there is no intercept.) (a) Plot the sum of squared residuals (y₁ - br₁)² as function of b. You can choose your own range for b, one reasonable choice is b € [-2,5]. (Use any software you prefer. Excel is one option.) (b) Show that the least squares estimate of 3 is BOLS = 2. (c) Using ARidge = 1, plot the Ridge penalty term ARidgeb² as a function of b. (d) Using Ridge = 1, plot the Ridge penalized sum of squared residuals (y₁ - bx₁)² + XRidgeb². Please put all three lines in one plot.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 5EA
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Parts A, C, and D. Can you put them all on one excel graph please. It should be one figure with three lines.
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