In the same way that we can introduce additional quantities into the adjustment, so too can we determine the effects of withdrawing quantities from the adjustment. We might do this for various reasons, but here particularly for the purpose of investigating the rather peculiar nature of the specifications over and its observed value .
When we remove from the adjustment at this stage, it as though we are left with a simple adjustment of by . In addition, we also learn about the partial adjustment of by . Some of the results of this partial adjustment are worth further consideration as follows. The resolutions for the adjustment by and for the partial adjustment removing are:
showing - as we suspected - that alone is not a good source of information: its effect is at best to reduce uncertainty by less than 5%; and that most of the information is contained wholly in : when we remove we also remove nearly all of our capability to reduce uncertainty in .
The evaluated adjusted expectations for the adjustment by solely are
representing fairly large changes ( standard deviations) from the initial values of 4.16 and 6.25 respectively. Although these are fairly large changes, they correspond to only small reductions in uncertainty about and . Informally it is as though the prior and posterior distributions for and are quite flat, so that large changes in expectation can correspond to small changes in uncertainty.
Figure 3: Sizes for the adjustments and
The sizes of the adjustments are shown in figure 3 and display two remarkable features. Firstly, the size ratio for the simple adjustment by is more than five times as large as expected; and secondly the size ratio for the partial adjustment after adjusting by additionally is very much smaller than expected. The former feature is more or less expected, given the sizes for the similar adjustment shown in figure 2. The latter feature may be interpreted as showing that a partial adjustment by in addition to is expected to enable changes in expectation that simply don't materialise.
Comparing figure 3 with figure 2, we see a size ratio of for the simple adjustment, and a size ratio of for the partial adjustment by . Thus, the size ratio for the simple adjustment is larger than the size ratio for the adjustment where has been extracted. This might suggest that although we have identified (with its observation ) above as having some peculiar features, this is also true of the portion of that is common to .