A Table for Obtaining Trial Values for Estimating Relationships in Which the Dependent Variable Is Limited

摘要

In estimating relationships such as that described by J. Tobin in Econometrica (January 1958) it is necessary to approximate linearly the function. This table is based on the assumption that within the relevant (for a particular problem) range of this function, the number of times the function will be approximated is normally distributed around a known mean. The table is used as follows: Q is the ratio of Limit observations in the sample to all observations in the sample. The line Y = A+Bx is then used to approximate for any x, where A and B are read from the table. These are the A and B mentioned by Tobin in his section on obtaining trial values. (Author)