2) Estimate a pooled regression model using mrdrte as the dependent variable and exec and unem as independent variables. Interpret the model. . reg mrdrte exec unem Source Model Residual Total SS exec unem _cons 799.796283 12045.5418 12845.3381 df .1650227 1.258905 .348119 mrdrte Coefficient Std. err. 399.898141 2 150 80.3036122 MS 152 84.5088034 .1938679 .4373612 2.68724 Number of obs F(2, 150) Prob > F R-squared Adj R-squared Root MSE t P>|t| 0.85 0.396 2.88 0.005 0.13 0.897 -.2180419 .394721 -4.961612 |||||||| [95% conf. interval] What does the R2 indicate in terms of the goodness of fit of the model? 153 4.98 0.0081 0.0623 0.0498 8.9612 .5480872 2.12309 5.65785

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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2) Estimate a pooled regression model using mrdrte as the dependent variable and exec and
unem as independent variables. Interpret the model.
. reg mrdrte exec unem
Source
Model
Residual
Total
mrdrte
exec
unem
_cons
SS
799.796283
12045.5418
12845.3381
df
399.898141
2
150 80.3036122
MS
152 84.5088034
Coefficient Std. err.
.1650227 .1938679
1.258905
.4373612
2.68724
.348119
Number of obs
F(2, 150)
Prob > F
R-squared
Adj R-squared
Root MSE
t P>|t|
0.85 0.396
2.88 0.005
0.13 0.897
-.2180419
.394721
-4.961612
=
What does the R² indicate in terms of the goodness of fit of the model?
=
[95% conf. interval]
153
4.98
0.0081
0.0623
0.0498
8.9612
.5480872
2.12309
5.65785
Transcribed Image Text:2) Estimate a pooled regression model using mrdrte as the dependent variable and exec and unem as independent variables. Interpret the model. . reg mrdrte exec unem Source Model Residual Total mrdrte exec unem _cons SS 799.796283 12045.5418 12845.3381 df 399.898141 2 150 80.3036122 MS 152 84.5088034 Coefficient Std. err. .1650227 .1938679 1.258905 .4373612 2.68724 .348119 Number of obs F(2, 150) Prob > F R-squared Adj R-squared Root MSE t P>|t| 0.85 0.396 2.88 0.005 0.13 0.897 -.2180419 .394721 -4.961612 = What does the R² indicate in terms of the goodness of fit of the model? = [95% conf. interval] 153 4.98 0.0081 0.0623 0.0498 8.9612 .5480872 2.12309 5.65785
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