Springer Texts in Business and Economics
For parts (b) and (c), SAS will automatically compute confidence intervals for the mean (CLM option) and for a specific observation (CLI option), see the
SAS program in 3.17.
95% CONFIDENCE PREDICTION INTERVAL
|
Dep Var |
Predict |
Std Err |
Lower95% |
Upper95% |
Lower95% |
Upper95% |
|
|
COUNTRY |
LNEN1 |
Value |
Predict |
Mean |
Mean |
Predict |
Predict |
|
AUSTRIA |
14.4242 |
14.4426 |
0.075 |
14.2851 |
14.6001 |
13.7225 |
15.1627 |
|
BELGIUM |
15.0778 |
14.7656 |
0.077 |
14.6032 |
14.9279 |
14.0444 |
15.4868 |
|
CYPRUS |
11.1935 |
11.2035 |
0.154 |
10.8803 |
11.5268 |
10.4301 |
11.9770 |
|
DENMARK |
14.2997 |
14.1578 |
0.075 |
14.0000 |
14.3156 |
13.4376 |
14.8780 |
|
FINLAND |
14.2757 |
13.9543 |
0.076 |
13.7938 |
14.1148 |
13.2335 |
14.6751 |
|
FRANCE |
16.4570 |
16.5859 |
0.123 |
16.3268 |
16.8449 |
15.8369 |
17.3348 |
|
GREECE |
14.0038 |
14.2579 |
0.075 |
14.1007 |
14.4151 |
13.5379 |
14.9780 |
|
ICELAND |
11.1190 |
10.7795 |
0.170 |
10.4222 |
11.1368 |
9.9912 |
11.5678 |
|
IRELAND |
13.4048 |
13.0424 |
0.093 |
12.8474 |
13.2375 |
12.3132 |
13.7717 |
|
ITALY |
16.2620 |
16.2752 |
0.113 |
16.0379 |
16.5125 |
15.5335 |
17.0168 |
|
MALTA |
10.2168 |
10.7152 |
0.173 |
10.3526 |
11.0778 |
9.9245 |
11.5059 |
|
NETHERLAND |
15.4379 |
15.0649 |
0.081 |
14.8937 |
15.2361 |
14.3417 |
15.7882 |
|
NORWAY |
14.2635 |
13.9368 |
0.077 |
13.7760 |
14.0977 |
13.2160 |
14.6577 |
|
PORTUGAL |
13.4937 |
14.0336 |
0.076 |
13.8744 |
14.1928 |
13.3131 |
14.7540 |
|
SPAIN |
15.4811 |
15.7458 |
0.097 |
15.5420 |
15.9495 |
15.0141 |
16.4774 |
|
SWEDEN |
14.8117 |
14.7194 |
0.077 |
14.5581 |
14.8808 |
13.9985 |
15.4404 |
|
SWZERLAND |
14.1477 |
14.3665 |
0.075 |
14.2094 |
14.5237 |
13.6465 |
15.0866 |
|
TURKEY |
14.4870 |
15.1736 |
0.083 |
14.9982 |
15.3489 |
14.4494 |
15.8978 |
|
UK |
16.5933 |
16.3259 |
0.115 |
16.0852 |
16.5667 |
15.5832 |
17.0687 |
|
W. GERMANY |
16.8677 |
16.7713 |
0.130 |
16.4987 |
17.0440 |
16.0176 |
17.5251 |
References
Samuel-Cahn, E. (1994), “Combining Unbiased Estimators,” The American Statistician, 48: 34-36.
Zheng, J. X. (1994), “Efficiency as Correlation,” Econometric Theory, Solution 93.1.3, 10:228.
