A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n= 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s), and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + B1 Education + Bß2 Income + B3 Mortality + ɛ. The following ANOVA table shows a portion of the regression results. df MS F Regression 3 416.2 |138.73 95.7 Residual 47 68.1 1.45 Total 50 484.3 Coefficients Standard Error t-stat p-value Intercept 57.8 4.3 13.44 1.65E-16 Education -0.3 0.05 -6 5.45E-10 Income -0.2 0.01 -20 6.02E-10 Morality 0.12 0.27 0.44 0.6438 Which of the following is the value of the standard error of the estimate?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n =
51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s),
and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + ß1 Education + Bß2 Income + B3 Mortality + ɛ. The
following ANOVA table shows a portion of the regression results.
df
MS
F
Regression
416.2
138.73
95.7
Residual
47
68.1
1.45
Total
50
484.3
Coefficients
Standard Error
t-stat
р-value
Intercept
57.8
4.3
13.44
1.65E-16
Education
-0.3
0.05
-6
5.45E-10
Income
-0.2
0.01
-20
6.02E-10
Morality
0.12
0.27
0.44
0.6438
Which of the following is the value of the standard error of the estimate?
Multiple Choice
1.2
138.73
Transcribed Image Text:A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n = 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s), and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + ß1 Education + Bß2 Income + B3 Mortality + ɛ. The following ANOVA table shows a portion of the regression results. df MS F Regression 416.2 138.73 95.7 Residual 47 68.1 1.45 Total 50 484.3 Coefficients Standard Error t-stat р-value Intercept 57.8 4.3 13.44 1.65E-16 Education -0.3 0.05 -6 5.45E-10 Income -0.2 0.01 -20 6.02E-10 Morality 0.12 0.27 0.44 0.6438 Which of the following is the value of the standard error of the estimate? Multiple Choice 1.2 138.73
Which of the following is the value of the standard error of the estimate?
Multiple Choice
1.2
138.73
11.78
1.45
Transcribed Image Text:Which of the following is the value of the standard error of the estimate? Multiple Choice 1.2 138.73 11.78 1.45
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Sequence
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman