a) For every additional inch in height, students weigh, on average, [a] pounds more. b) For a given height and number of siblings, female students weigh [b] pounds less. c) For every additional sibling, the weight of students increases by [c] pounds. d) The regression explains [d] percent of the variation in student weight.
a) For every additional inch in height, students weigh, on average, [a] pounds more. b) For a given height and number of siblings, female students weigh [b] pounds less. c) For every additional sibling, the weight of students increases by [c] pounds. d) The regression explains [d] percent of the variation in student weight.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Please fill out the blank a-d
![In the process of collecting weight and height data from 29 female and 81 male students at your university, you also asked the students for the
number of siblings they have. Although it was not quite clear to you initially what you would use that variable for, you construct a new theory that
suggests that children who have more siblings come from poorer families and will have to share the food on the table. Although a friend tells
you that this theory does not pass the "straight-face" test, you decide to hypothesize that peers with many siblings will weigh less, on average,
for a given height. In addition, you believe that the muscle/fat tissue composition of male bodies suggests that females will weigh less, on
average, for a given height. To test these theories, you perform the following regression:
Studenti = -229.92-6.52 x Female + 0.51 × Sibs+ 5.58 x Height,
R2 = 0.50, SER= 21.08
where Studentw is in pounds, Height is in inches, Female takes a value of 1 for females and is 0 otherwise, Sibs is the number of siblings. Hint:
write your answer in two decimal places for question a-c, and an integer for d).
a) For every additional inch in height, students weigh, on average, [a] pounds more.
b) For a given height and number of siblings, female students weigh [b] pounds less.
c) For every additional sibling, the weight of students increases by [c] pounds.
d) The regression explains [d] percent of the variation in student weight.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcf605b71-789d-48e0-8055-d8207016854b%2Ff5870d20-47a7-40a0-84a9-51e04be3f333%2F3wwdg1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In the process of collecting weight and height data from 29 female and 81 male students at your university, you also asked the students for the
number of siblings they have. Although it was not quite clear to you initially what you would use that variable for, you construct a new theory that
suggests that children who have more siblings come from poorer families and will have to share the food on the table. Although a friend tells
you that this theory does not pass the "straight-face" test, you decide to hypothesize that peers with many siblings will weigh less, on average,
for a given height. In addition, you believe that the muscle/fat tissue composition of male bodies suggests that females will weigh less, on
average, for a given height. To test these theories, you perform the following regression:
Studenti = -229.92-6.52 x Female + 0.51 × Sibs+ 5.58 x Height,
R2 = 0.50, SER= 21.08
where Studentw is in pounds, Height is in inches, Female takes a value of 1 for females and is 0 otherwise, Sibs is the number of siblings. Hint:
write your answer in two decimal places for question a-c, and an integer for d).
a) For every additional inch in height, students weigh, on average, [a] pounds more.
b) For a given height and number of siblings, female students weigh [b] pounds less.
c) For every additional sibling, the weight of students increases by [c] pounds.
d) The regression explains [d] percent of the variation in student weight.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education