ABSTRACT

To calculate estimate variances and covariance, we first employ (14.2.20) to calculate <l>ll = 13.39, <1> 12 = -1.94, and <j>22 = 0.59, where p and e have been replaced by their estimates 0.299 and 0.61. From (14.2.21) and (14.2.22), we calculate V(p) = 0.00000075, V(e) = 0.0017, Cov({J, e) = 0.0000025, and Pt>.e = 0.07.