Consider the following regression estimates Source SS df Model 44.5315181 Residual 103.798233 Total 148.329751 MS 2 22.2657591 523 . 198466985 525 .28253286 Number of obs F(2, 523) Prob > F R-squared Adj R-squared Root MSE = = = II = II = 526 112.19 0.0000 0.3002 0.2975 .4455

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Can you please answer 7 & 8

Consider the following regression estimates
Source
SS
df
526
112.19
Model
44.5315181
2
0.0000
Residual
103.798233
523
0.3002
0.2975
Total
148.329751
525
.4455
lwage
Coef. Std. Err.
t P>|t|
[95% Conf. Interval]
.0633591
.0910475
educ
female
_cons
.0772033 .0070472
-.3608654 .0390245
.8262694 .0940541
10.96 0.000
-9.25 0.000
8.79 0.000
-.4375294
-.2842015
.6414991
1.01104
where Iwage is the log of hourly wage, educ is years of education and female is a dummy
variable which is equal to 1 if the person is female and 0 otherwise.
7. The predicted hourly wage in US$ for a woman with 10 years of education is
8. The F-statistic of the F-test for the overall significance of the regression is
MS
22.2657591
. 198466985
.28253286
Number of obs
F(2, 523)
Prob > F
R-squared
Adj R-squared
Root MSE
|| || || || || ||
=
Transcribed Image Text:Consider the following regression estimates Source SS df 526 112.19 Model 44.5315181 2 0.0000 Residual 103.798233 523 0.3002 0.2975 Total 148.329751 525 .4455 lwage Coef. Std. Err. t P>|t| [95% Conf. Interval] .0633591 .0910475 educ female _cons .0772033 .0070472 -.3608654 .0390245 .8262694 .0940541 10.96 0.000 -9.25 0.000 8.79 0.000 -.4375294 -.2842015 .6414991 1.01104 where Iwage is the log of hourly wage, educ is years of education and female is a dummy variable which is equal to 1 if the person is female and 0 otherwise. 7. The predicted hourly wage in US$ for a woman with 10 years of education is 8. The F-statistic of the F-test for the overall significance of the regression is MS 22.2657591 . 198466985 .28253286 Number of obs F(2, 523) Prob > F R-squared Adj R-squared Root MSE || || || || || || =
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