A researcher wants to determine the causal relationship among number of family members who are at least high school graduate (W), number of working family members (X), monthly gross income (Y), monthly expenditure (Z), and average monthly bank deposits (A). A random sample of 20 families was selected and the data on the variables were collected. Consider the following path diagram:  Identify the exogenous and endogenous variables.  Exogenous: ______________________________________________________    Endogenous: _______________________________

MATLAB: An Introduction with Applications
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A researcher wants to determine the causal relationship among number of family members who are at least high school graduate (W), number of working family members (X), monthly gross income (Y), monthly expenditure (Z), and average monthly bank deposits (A). A random sample of 20 families was selected and the data on the variables were collected. Consider the following path diagram: 

  1. Identify the exogenous and endogenous variables. 

Exogenous: ______________________________________________________   

Endogenous: _____________________________________________________ 

 

Y
A
4
5.
80000
70000
5000
3
74000
60000
3000
8000
8000
1
15000
15000
2
2
45000
34000
2000
4
4
60000
45000
3000
5
5
65000
40000
3000
2
4
22500
21000
3
30000
26000
2
18000
17500
5000
5000
2
2
20000
16000
2000
3
4
50000
43000
5000
4
88000
69000
10000
4
85000
71000
10000
4
4
120000
103000
15000
5
130000
107500
20000
7
7
145000
98000
25000
1
3
26500
25000
2
2
40000
36000
2000
n53 4
Transcribed Image Text:Y A 4 5. 80000 70000 5000 3 74000 60000 3000 8000 8000 1 15000 15000 2 2 45000 34000 2000 4 4 60000 45000 3000 5 5 65000 40000 3000 2 4 22500 21000 3 30000 26000 2 18000 17500 5000 5000 2 2 20000 16000 2000 3 4 50000 43000 5000 4 88000 69000 10000 4 85000 71000 10000 4 4 120000 103000 15000 5 130000 107500 20000 7 7 145000 98000 25000 1 3 26500 25000 2 2 40000 36000 2000 n53 4
Ey
Y
A
EA
Instructions: Use the variable notations in writing your answers. Conduct all tests at
5% level of significance.
w/
Transcribed Image Text:Ey Y A EA Instructions: Use the variable notations in writing your answers. Conduct all tests at 5% level of significance. w/
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