[See Solution] The following is obtained with the aid of R: The ATE is 1794.3. The corresponding standard error of the coefficient is se(beta #770;_1)=632.9
Question:
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The following is obtained with the aid of R:
The ATE is 1794.3.
The corresponding standard error of the coefficient is
\[se\left( {{{\hat{\beta }}}_{1}} \right)=632.9\]
Therefore, the 95% confidence interval is given by
\[CI=\left( {{{\hat{\beta }}}_{1}}-{{t}_{\alpha /2,n-p}}\times se\left( {{{\hat{\beta }}}_{1}} \right),\,{{{\hat{\beta }}}_{1}}+{{t}_{\alpha /2,n-p}}\times se\left( {{{\hat{\beta }}}_{1}} \right)\, \right)\]
So the 95% CI for the ATE is.
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Now we get the following with the aid of R:
The regression-adjusted experimental estimate is 1670.7. - The following results are obtained with R:
The naïve estimate is -8506.5.
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