Type regression equation (you may omit sub_index i at all variables) or describe the relationship that this model is estimating with no more than 2 sentences. ## Call:## 1m (formula = wage###### Residuals:##Mindraft + position, data = nba)age + points + marr + rebounds + assists +1Q Median3Q## -1.72741 -0.41364 -0.03309 0.34602#### Coefficients:##Estimate Std. Error t value Pr(>|t|)## (Intercept)-1.4270680.372852## age0.0800620.013126## points0.0781200.011214## marrl-0.010617 0.090496 -0.117 0.906697## rebounds0.048896 0.0227382.150 0.032442 *## assists0.032647## draft-0.0035250.028187 1.158 0.2478260.001087 -3.243 0.001336 **0.118287 -2.438 0.015419 *0.152804 -2.793 0.005612 **## position forward-0.288433## positionguard -0.426756#### Signif. codes:##I***0**0.001Max2.57957-3.827 0.000162 **6.099 3.82e-09 ***6.966 2.64e-11 ***'*'0.010.05 '.' 0.1## Residual standard error: 0.6692 on 261 degrees of freedom## (23 observations deleted due to missingness)## Multiple R-squared: 0.567, Adjusted R-squared: 0.5538## F-statistic: 42.73 on 8 and 261 DF, p-value: < 2.2e-16II1

Answered: ## Call: ## 1m (formula = wage age +…

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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Question

Type regression equation (you may omit sub_index i at all variables) or describe the relationship that this model is estimating with no more than 2 sentences.

## Call:
## 1m (formula = wage
##
##
## Residuals:
##
Min
draft + position, data = nba)
age + points + marr + rebounds + assists +
1Q Median
3Q
## -1.72741 -0.41364 -0.03309 0.34602
##
## Coefficients:
##
Estimate Std. Error t value Pr(>|t|)
## (Intercept)
-1.427068
0.372852
## age
0.080062
0.013126
## points
0.078120
0.011214
## marrl
-0.010617 0.090496 -0.117 0.906697
## rebounds
0.048896 0.022738
2.150 0.032442 *
## assists
0.032647
## draft
-0.003525
0.028187 1.158 0.247826
0.001087 -3.243 0.001336 **
0.118287 -2.438 0.015419 *
0.152804 -2.793 0.005612 **
## position forward
-0.288433
## positionguard -0.426756
##
## Signif. codes:
##
I
***
0
**
0.001
Max
2.57957
-3.827 0.000162 **
6.099 3.82e-09 ***
6.966 2.64e-11 ***
'*'
0.01
0.05 '.' 0.1
## Residual standard error: 0.6692 on 261 degrees of freedom
## (23 observations deleted due to missingness)
## Multiple R-squared: 0.567, Adjusted R-squared: 0.5538
## F-statistic: 42.73 on 8 and 261 DF, p-value: < 2.2e-16
I
I
1

Expert Solution

Step 1: Mention the given information

Given that estimate of intercept is -1.427068, the coefficient estimate of age is 0.080062, the coefficient estimate of points is 0.078120, the coefficient estimate of marrl is -0.010617, the coefficient estimate of rebounds is 0.048896, the coefficient estimate of assists is 0.032647, the coefficient estimate of draft is -0.003525, the coefficient estimate of positionforward is -0.288433 and coefficient estimate of positionguard is -0.426756.