I was reading through some notes deriving the different variances for confidence and prediction in OLS. Before dwelving into it though, the notes say that the standard error of $b_1$ (estimator for the slope coefficient in SLR) is the same as the standard error of $b_1 - \beta_1$ where $\beta_1$ is the slope parameter...In other words $\text{Stderr}(b_1) = \text{Stderr}(b_1 - \beta_1)$. I'm not sure I can make sense of this unless $\beta_1$ is a constant?
Remember to vote up questions/answers you find interesting or helpful (requires 15 reputation points)
|
0
|
||||
|

