Construct a 95% confidence interval for your answer. The 95% confidence interval for the number of lives that would be saved over the next year is [-169.63, 846.43] (Round your response to two decimal places) The drinking age in New Jersey is 21. Suppose that New Jersey lowered its drinking age to 18. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year. The predicted increase in the number of traffic fatalities in the next year is 15.12 (Round your response to two decimal places) Construct a 90% confidence interval for your answer. The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is [-72.53, 102.77] (Round your response to two decimal places) Suppose that real income per capita in New Jersey increases by 1% in the next year. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year. The predicted increase in the number of traffic fatalities in the next year is 12.38 (Round your response to two decimal places) Construct a 90% confidence interval for your answer. The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is (Round your restwo decimal places)
Construct a 95% confidence interval for your answer. The 95% confidence interval for the number of lives that would be saved over the next year is [-169.63, 846.43] (Round your response to two decimal places) The drinking age in New Jersey is 21. Suppose that New Jersey lowered its drinking age to 18. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year. The predicted increase in the number of traffic fatalities in the next year is 15.12 (Round your response to two decimal places) Construct a 90% confidence interval for your answer. The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is [-72.53, 102.77] (Round your response to two decimal places) Suppose that real income per capita in New Jersey increases by 1% in the next year. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year. The predicted increase in the number of traffic fatalities in the next year is 12.38 (Round your response to two decimal places) Construct a 90% confidence interval for your answer. The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is (Round your restwo decimal places)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
E1
![Construct a 95% confidence interval for your answer.
The 95% confidence interval for the number of lives that would be saved over the next year is [ - 169.63, 846.43]
(Round your response to two decimal places)
The drinking age in New Jersey is 21. Suppose that New Jersey lowered its drinking age to 18. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year.
The predicted increase in the number of traffic fatalities in the next year is 15.12
(Round your response to two decimal places)
Construct a 90% confidence interval for your answer.
(Round your response to two decimal places)
The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is
[-72.53, 102.77]
(Round your response to two decimal places)
Suppose that real income per capita in New Jersey increases by 1% in the next year. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year.
The predicted increase in the number of traffic fatalities in the next year is 12.38
(Round your response to two decimal places)
Construct a 90% confidence interval for your answer.
The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is
(Round your response to two decimal places)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4a3633f4-4533-4fad-a71a-6fc6482c3a88%2F96cb2b14-61d7-4ffc-ad25-e75a078bd598%2Fc7oiera_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Construct a 95% confidence interval for your answer.
The 95% confidence interval for the number of lives that would be saved over the next year is [ - 169.63, 846.43]
(Round your response to two decimal places)
The drinking age in New Jersey is 21. Suppose that New Jersey lowered its drinking age to 18. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year.
The predicted increase in the number of traffic fatalities in the next year is 15.12
(Round your response to two decimal places)
Construct a 90% confidence interval for your answer.
(Round your response to two decimal places)
The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is
[-72.53, 102.77]
(Round your response to two decimal places)
Suppose that real income per capita in New Jersey increases by 1% in the next year. Use the results in column (4) to predict the change in the number of traffic fatalities in the next year.
The predicted increase in the number of traffic fatalities in the next year is 12.38
(Round your response to two decimal places)
Construct a 90% confidence interval for your answer.
The 90% confidence interval for the predicted increase in the number of traffic fatalities in the next year is
(Round your response to two decimal places)
Transcribed Image Text:This exercise refers to the drunk driving panel data regression summarized below.
Regression Analysis of the Effect of Drunk Driving Laws on Traffic Deaths
Dependent variable: traffic fatility rate (deaths per 10,000).
Regressor
Beer tax
Drinking age 18
Drinking age 19
Drinking age 20
Drinking age
Mandatory jail or
community service?
Average vehicle
miles per driver
Unemployment rate
Real income per capita
(logarithm)
Years
State Effects?
Time effects?
Clustered standard errors?
(1)
0.43*
(0.051)
1982-88
no
no
no
(2)
-0.67**
(3)
(4)
-0.79*** -0.47
(0.35) (0.33) (0.36)
(5)
-0.77**
(0.34)
-0.014
0.021
(0.074)
(0.089)
-0.019
-0.071
(0.057)
(0.064)
0.032 -0.113***
(0.052) (0.052)
yes
no
(0.014)
1.72*
(0.69)
1982-88 1982-88 1982-88 1982-88
yes
0.043
(0.118)
0.005
(0.007)
- 0.065*
yes
yes
ves
0.076
(0.115)
0.014
(0.013)
yes
yes
ves
yes
yes
ves
(6)
-0.41
(0.34)
-0.005
(0.022)
0.037
(0.103)
0.007
(0.004)
- 0.064*
(0.015)
1.96*
(0.64)
1982-88
yes
yes
ves
(7)
- 1.02*
(0.34)
0.037
(0.101)
-0.071
(0.102)
-0.112
(0.127)
0.091
(0.166)
0.126
(0.047)
- 0.092*
(0.022)
1.07
(0.68)
1982 & 1988
only
yes
yes
ves
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