Consider the following regression estimates (FN3)Linear regressionRobustincomeCoef. Std. Err.t P>|t|hours_cons18.91906 1.481248281.4618 34.3626412.77 0.0008.19 0.000where income is weekly income in NZ$ and hours is working hours per week.In this regression, what is the value of the t-statistic of the hours coefficient?Number of obsF(1, 498)Prob > FR-squaredRoot MSE500163.130.00000.2880593.03[95% Conf. Interval]16.008821.82933213.9482348.9754|| || || || ||=

Answered: Image /qna-images/answer/d1ccdee9-05a3-449e-873e-0b8d17b2e8fa.jpg

Answered: Consider the following regression…

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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1. You estimated a regression with the following output. Source | SS df MS Number of obs = 210 -------------+---------------------------------- F(1, 208) = 940.28 Model | 5529353.01 1 5529353.01 Prob > F = 0.0000 Residual | 1223155.7 208 5880.55624 R-squared = 0.8189 -------------+---------------------------------- Adj R-squared = 0.8180 Total | 6752508.71 209 32308.6541 Root MSE = 76.685 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 13.66711 .4457062 30.66 0.000 12.78843 14.54579 _cons | 103.7139 41.86814 2.48 0.014 21.17362 186.2542…
Interpret the belavg coefficient. thank you
Give an interpretation of the term “R-sq” and comment on its value.
Use the Stata output below. The data comes from students in an undergraduate economics course. The regression of interest is: final =B₁ + B₁ atndrte + ß₂hwrte + Â¸priGPA+ Â¹ ACT .reg final atndrte hwrte priGPA ACT Source Model 3094.70776 11929.9465 Residual Total final SS atndrte hwrte priGPA ACT _cons 15024.6543 df 773.676939 4 669 17.832506 MS 673 22.324895 Coef. Std. Err. .0138725 .0183476 .010863 1.906347 .3750236 .3990516 .0535332 9.225908 1.46863 Number of obs F(4, 669) Prob > F R-squared Adj R-squared Root MSE t P>|t| ||||||||||||| 674 [95% Conf. Interval] Approximate the p-value from the null hypothesis that all of the slope parameters are equal to zero.
You estimated a regression with the following output. Source | SS df MS Number of obs = 325 -------------+---------------------------------- F(1, 323) = 42850.36 Model | 285905003 1 285905003 Prob > F = 0.0000 Residual | 2155111.65 323 6672.17228 R-squared = 0.9925 -------------+---------------------------------- Adj R-squared = 0.9925 Total | 288060115 324 889074.429 Root MSE = 81.683 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 11.83842 .0571895 207.00 0.000 11.72591 11.95093 _cons | 52.14457 5.949458 8.76 0.000 40.43999 63.84915…
From the results shown above, write the regression equation.
You estimated a regression with the following output. Source | SS df MS Number of obs = 494 -------------+---------------------------------- F(1, 492) = 38566.69 Model | 803403712 1 803403712 Prob > F = 0.0000 Residual | 10249120.6 492 20831.546 R-squared = 0.9874 -------------+---------------------------------- Adj R-squared = 0.9874 Total | 813652832 493 1650411.42 Root MSE = 144.33 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 23.00296 .1171325 196.38 0.000 22.77281 23.2331 _cons | 34.71944 13.12788 2.64 0.008 8.925808 60.51307…
An automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year () and the age of the car (, in years) at the beginning of the year. The company has gathered the data on 10 automobiles and run a regression analysis with the results shown below:. Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Square 0.9212 StErr of Estimate 72.218 Regression coefficients Coefficient Std Err t-value p-value Constant 33.796 48.181 0.7014 0.5057 Miles Driven 0.0549 0.0191 2.8666 0.0241 Age of car 21.467 20.573 1.0434 0.3314 Use the information above to estimate the annual maintenance expense for a 10 years old car with 60,000 miles.
2. You estimated a regression with the following output. Source | SS df MS Number of obs = 332 -------------+---------------------------------- F(1, 330) = 2.32 Model | 71599.1822 1 71599.1822 Prob > F = 0.1284 Residual | 10170207.7 330 30818.8111 R-squared = 0.0070 -------------+---------------------------------- Adj R-squared = 0.0040 Total | 10241806.9 331 30942.0147 Root MSE = 175.55 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | .7575183 .4969893 1.52 0.128 -.2201484 1.735185 _cons | 28.87757 42.80371 0.67 0.500 -55.32498 113.0801…

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