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Consider the following estimated model Ipassen 8.26-0.6131fare +0.142 ldist, (0.040) (0.078) R² = 0.0549 n=1149 Standard errors appear in parentheses. In this equation lpassen is the logarithm of the average daily number of passengers that fly a given route, Ifare is the logarithm of the fare for that route, and Idist is the logarithm of the distance (in miles) of the route. Test, at the 5 percent significance level, the overall significance of the regression.

Consider the following estimated model Ipassen 8.26-0.6131fare +0.142 ldist, (0.040) (0.078) R² = 0.0549 n=1149 Standard errors appear in parentheses. In this equation lpassen is the logarithm of the average daily number of passengers that fly a given route, Ifare is the logarithm of the fare for that route, and Idist is the logarithm of the distance (in miles) of the route. Test, at the 5 percent significance level, the overall significance of the regression.

MATLAB: An Introduction with Applications
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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Consider the following estimated model Ipassen -8.26 -0.6131fare +0.142 ldist, (0.078) (0.040) R²=0.0549 n = 1149 Standard errors appear in parentheses. In this equation lpassen is the logarithm of the average daily number of passengers that fly a given route, Ifare is the logarithm of the fare for that route, and Idist is the logarithm of the distance (in miles) of the route. Test, at the 5 percent significance level, the overall significance of the regression. For the toolbar pres ALT F10 (PC) or ALT+FN+F10 MM) BIV Paragraph Open Sans Y EY I. 10p 11912 Ⓒ x²x₂ EB EE 30
Transcribed Image Text:Consider the following estimated model Ipassen -8.26 -0.6131fare +0.142 ldist, (0.078) (0.040) R²=0.0549 n = 1149 Standard errors appear in parentheses. In this equation lpassen is the logarithm of the average daily number of passengers that fly a given route, Ifare is the logarithm of the fare for that route, and Idist is the logarithm of the distance (in miles) of the route. Test, at the 5 percent significance level, the overall significance of the regression. For the toolbar pres ALT F10 (PC) or ALT+FN+F10 MM) BIV Paragraph Open Sans Y EY I. 10p 11912 Ⓒ x²x₂ EB EE 30
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