8. Which of the following will result from running a regression model with a high degree of correlation among the independent variables? a) The OLS estimates will be biased b) The t-statistics become highly significant c) The hypothesis testing procedures remain valid d) None of the above
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- Researchers are examining the relationship between hours of sleep and athletic performance among college athletes. Athletic performance will be measured on a numeric scale, with greater numbers indicating better performance. The researchers expect that the more hours the athletes sleep, the better they will perform. Assuming all conditions for inference are met, the researchers will create a 95 percent confidence interval for the slope of the regression line for predicting athletic performance from amount of sleep. For which of the following would the confidence interval support the researchers' expectations? (A) The confidence interval includes only positive values. (B) The confidence interval includes only negative values. (C) The confidence interval has a width less than 1. (D) The confidence interval has a width greater than 1. (E) The confidence interval includes the value 0.2.1. Give one word for the following statements or scenarios: 2.1.1. The data collected by the researcher from the Department of Education were the 2020 matric results for all South African high schools in disadvantaged areas.. 2.1.2. This analysis can be performed using either the method of moving averages, or by fitting a straight line using the method of least squares from regression analysis.Indicate whether the following statements are true or false. Explain why and show your work. c) In the regression Y=B1 + B2 X + B3 Z + u, if there is a strong linear correlation between X and Z, then it is more likely you fail to reject the null hypotheses that individual slope parameters are insignificant.
- 8. You collect data on people's height and study the relationship between gender and height. A regression of the height on a binary variable (Female), which takes a value of one for females and zero otherwise, yields the following result: Height = 71.0- 4.84 x Female, R2 = 0.40, SER = 2.0 (0.3) (0.57) (a) What is the sample average male height? (b) What is the sample average female height? I (c) How to interpret the slope coefficient -4.84? (d) Is the error term in the regression more likely to be heteroskedastic or homoscedastic? Why? R English (United States) D'Focus Page 9 of 10 920 words 100%5. The National Center for Health Statistics published data on heights and weights. We obtained the following data from 10 randomly selected males 8-12 years of age. * y Height 69 Weight 151 72 154 70 160 200 Weight go IGO Regression Equation: Correlation r = 67 153 140 (20 O 75 201 66 126 a. If the researcher uses "Height" to predict "Weight" then the response variable is weight b. Use your calculator to create a scatter plot. Copy the scatter plot below (draw it). Make sure to label the horizontal axis and vertical axis, and provide the minimum and maximum values (displayed on your graph on your calculator) on each axis.. 70 174 71 185 60 70 Height 80 c. Is the association between the two variables positive or negative, or no association? (circle one) 68 143 g. Identify the slope of the regression line: and mention both men's heights and weights.)" d. Use your calculator to find the regression line (or line of best fit) and the correlation r. (Make sure something has a hat on it.) 65…12 young batsmen practiced batting at the nets for varying periods of time, and their dot ball percentage was calculated at the end of the month: a) Find the relationship between dot ball percentage and practice time per month using a scatter diagram and interpret. b) Find correlation coefficient and comment. c) Fit a least square regression equation (line) of dot ball percentage on practice time per month and comment. d) What will be the dot ball percentage when practice time per month is 32hr? e) Comment on the regression equation and explore how well it fits.
- An article on the cost of housing in California that appeared in the San Luis Obispo Tribunet included the following statement: "In Northern California, people from the San Francisco Bay area pushed into the Central Valley, benefiting from home prices that dropped on average $4000 for every mile traveled east of the Bay area." If this statement is correct, what is the slope of the least-squares regression line, ý = a + bx, where y = house price (in dollars) and x = distance east of the Bay (in miles)? Your answer cannot be understood or graded. More InformationIn reading the results of a multiple regression analysis that contained 4 predictor variables, the researcher noticed a column labeled Beta. Two of the Beta’s were positive and two were negative. He concluded that a.) Beta’s that were positive were statistically significant b.) Beta’s that were positive had more of an effect c.) Beta’s that were positive were associated with increases in the criterion variable d.) Beta’s that were positive did not affect the criterion because they were “controlled for…”. Interpret your result from part (a) if the assumptions for regression inferences hold. Choose the correct interpretation below. A. Presuming that the variables age and price for Corvettes satisfy the assumptions for regression inferences, the standard error of the estimate provides an estimate for the common population standard deviation, σ, of ages for all Corvettes of any particular price. B. Presuming that the variables age and price for Corvettes satisfy the assumptions for regression inferences, the standard error of the estimate provides an estimate for the slope, β1, of the population regression equation for ages for all Corvettes of any particular price. C. Presuming that the variables age and price for Corvettes satisfy the assumptions for regression inferences, the standard error of the estimate provides an estimate for the common population standard deviation, σ, of prices for all Corvettes of any particular age. D. Presuming that…
- 12. Use a = 0.10. Is the coefficient of the independent variable significantly different from zero? No a. b. Yes с. Cannot conclude 13. In multiple regression analysis, high correlation among the independent variables is termed linearity b. a. multicollinearity homoscedasticity endogeneity с. d.4 A certified financial planner would like to examine the relationship between the age of her clients and the total amount of money they have in their investment accounts. The ages of clients and corresponding account balances for a sample of 15 clients appears in the table. Use the regression analysis output from Excel to determine if there is a positive linear relationship between age of client and investment account balance. Test using a significance level of .01. Balance Age ($1000s) 34 38 57 87 44 129 Coefficients Standard Error t stat 183.89 3.522 56 342 Intercept X variable -226.69 50 770 -1.23 2.87 10.104 44 200 54 430 39 55 67 453 29 76 43 230 76 427 m ib 43 188 70 546 275 Linear Regression and Correlation7.Why is the strength of the correlation between Y and X important in regression analysis?