1) The population regression function for the 2-variable model isY,= B, + B,X, +U,Where Ui is used as a surrogate for all the variables omitted from the regressionbut collectively effect Y₁, why then not use a multiple regression with all thenecessary variables included?

Given information: No. of variables in model=2Model, Yi=B0+B1X1+UiSurrogate variable=Ui

Answered: 1) The population regression function…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Might we be able to predict life expectancies from birthrates? Below are bivariate data giving birthrate and life expectancy information for each of twelve countries. For each of the countries, both x, the number of births per one thousand people in the population, and y, the female life expectancy (in years), are given. Also shown are the scatter plot for the data and the least-squares regression line. The equation for this line is y = 82.17 -0.47x. Birthrate, x (number of births per 1000 people) 14.3 27.4 51.1 46.8 24.9 29.9 18.2 41.6 49.4 14.1 33.9 49.3 Send data to calculator Female life expectancy, y (in years) 75.6 70.5 58.2 59.0 73.3 62.7 73.6 65.2 62.4 74.3 67.0 53.9 Send data to Excel Female life expectancy (In years) Based on the sample data and the regression line, answer the following. 85+ 80+ 75+ 70+ 65 60 55+ 50 (a) From the regression equation, what is the predicted female life expectancy (in years) when the birthrate is 29.9 births per 1000 people? Round your answer to…
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1) The population regression function for the 2-variable model is Y,= B, + B,X, +U, Where Ui is used as a surrogate for all the variables omitted from the regression but collectively effect Y₁, why then not use a multiple regression with all the necessary variables included?