4. Explain the RESET test as a general test for functional form misspecification and discussthe drawbacks and advantages of this test.In your answer consider the following multiple linear regression model:4 = 1 + 722 + 73#3 + 4i= 1,.,n,where a, and #3, are exogenous variables known to affect E(y.).

Mis-specification The mis-specifications in the functional model may have some nonlinearities Model…

Answered: 4. Explain the RESET test as a general…

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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A researcher wants to know if there is a significant correlation between hours spent studying for an exam (X) and exam performance (Y). Level of significance is 0.05, degrees of freedom is 3, and the critical value is 0.878. Interpret the strength and direction of the correlation, calculate and interpret the coefficient of determination, then develop the simple regression equation for the two variables. X (Time Spent Studying in Hours) Y (Exam Performance, 0 to 100) 3 56 6 77 7 79 8 70 11 96 Mean 7.00 75.60 SD 2.92 14.54 For this question, on your hand calculation document clearly state: a) the null hypothesis, b) the alternative hypothesis, c) the alpha level you are using, d) the critical value, e) process for calculating r, f) your decision about the null hypothesis, g) the coefficient of determination, h) and regression equation. This is what I will be marking. You may also enter your responses here, but it is…
(b) What would the consequence be for a regression model if the errors were not homoscedastic?
You may need to use the appropriate technology to answer this question. A regression analysis involving 45 observations relating a dependent variable and two independent variables resulted in the following information. ý = 0.406 + 1.3385X, + 2X2 The SSE for the above model is 43. When two other independent variables were added to the model, the following information was provided. ý = 1.9 – 3X + 12X2 + 4Xg + 8x, This model's SSE is 36. At a 0.05 level of significance, test to determine if the two added independent variables contribute significantly to the model. State the relevant null and alternative hypotheses. O Ho: One or more of the parameters is not equal to zero. H₂: B₁ = B₂= B3 =B4 = 0 O Ho: One or more of the parameters is not equal to zero. H₂: B3 =B4 = 0 O Ho: B3 = P4 = 0 H₂: None of the parameters are equal to zero. ⒸH₁: B3 =B₁ = 0 H: One or more of the parameters is not equal to zero. O Ho: B₁ = P₂ = B3 =B4 = 0 H: One or more of the parameters is not equal to zero. ✔ Find…
How does R treat those observations with missing values? In other words, what role do the observations with missing values play in the regression? No command is needed for this question. You must need to provide an answer or take a guess.
You believe that the price of Zoom Videoconferencing stock and the price of American Airlines stock will move in opposite directions. In order to test this relationship, we do a simple regression with the following variables:A - dependent variable : month end price of American Airlines stockZ - independent variable: month end price of Zoom Videoconferencing stock Data from April 2019 through December 2020 (21 observations) is availableBased on the data, we compute the following:Var (Z) = 20927.702Cov (A,Z) = -899.153E(A) = 20.790E(Z) = 187.530Std Error of Estimate = 6.088TSS = 1476.830 Consider the equation At = b0 + b1 Zt + εtBased on the numbers given above, complete the following table Variable Estimate Std error t-statistic Slope b1 .00941 Constant b0 2.2088 R-square N/A N/A F statistic N/A N/A Are the coefficients (slope and/or constant) significant at the .05 level?
1
The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is ModifyingAbove y with caret equals 0.993 x plus 1 comma 195.82y=0.993x+1,195.82. Complete parts (a) and (b) below. New-vehicle sales left parenthesis Company Upper A right parenthesis comma x(Company A), x 4 comma 1674,167 3 comma 8823,882 3 comma 5693,569 3 comma 4433,443 3 comma 2993,299 3 comma 1173,117 2 comma 8372,837 2 comma 4982,498 1 comma 9401,940 2 comma 0842,084 New-vehicle sales left parenthesis Company Upper B right parenthesis comma y(Company B), y 4 comma 9204,920 4 comma 8444,844 4 comma 8374,837 4 comma 7104,710 4 comma 6754,675 4 comma 4284,428 4 comma 6604,660 3 comma 8323,832 2 comma 9272,927 2 comma 7532,753 Question content area bottom Part 1 (a) Find the coefficient of determination and interpret the result.…
The following data shows memory scores collected from adults of different ages. Age (X) Memory Score (Y) 25 10 32 10 39 9 48 9 56 7 Use the data to find the regression equation for predicting memory scores from age. The regression equation is: Ŷ = 4.33X + 0.11 Ŷ = -0.11X + 4.33 Ŷ = -0.11X + 13.26 Ŷ = -0.09X + 5.4 Ŷ = -0.09X + 12.6 Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 28 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 43 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 50 For the calculations, leave two places after the decimal point and do not round:
In a fisheries researchers experiment the correlation between the number of eggs in tge nest and the number of viable (surviving ) eggs for a sample of nests is r=0.67 the equation of the regression line for number of viable eggs y versus number of eggs in the nest x is y =0.72x + 17.07 for a nest with 140 eggs what is the predicted number of viable eggs ?
4. Consider a multiple linear regression model with two independent variables with 12 values in each variable. The coefficient of determination is obtained as 0.58. Evaluate the adjusted coefficient of detemination. for f nding Tote1 Cam ltinle lincor

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4. Explain the RESET test as a general test for functional form misspecification and discuss the drawbacks and advantages of this test. In your answer consider the following multiple linear regression model: i=1, .,n,