Dependent Variable: FACEBOOK LOGIN Included observations: 45 Variable C Coefficient Std. Error t-Statistic -0.4699 1.0095 -0.4655 FRIENDS 0.0499 0.0188 2.6543 AGE 0.1354 0.1352 1.0015 EMPLOYED -1.3072 0.4627 -2.8252 TWITTER 1.5345 0.8167 1.8789 R-squared 0.4647 F-statistic 8.6809 Adjusted R- 0.4112 Prob(F- 0.0008 squared statistic)
Dependent Variable: FACEBOOK LOGIN Included observations: 45 Variable C Coefficient Std. Error t-Statistic -0.4699 1.0095 -0.4655 FRIENDS 0.0499 0.0188 2.6543 AGE 0.1354 0.1352 1.0015 EMPLOYED -1.3072 0.4627 -2.8252 TWITTER 1.5345 0.8167 1.8789 R-squared 0.4647 F-statistic 8.6809 Adjusted R- 0.4112 Prob(F- 0.0008 squared statistic)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Perform necessary tests and analysis to determine the validity of the regression attached in the below table and function provided
The tests and analysis must be broken down into two sections namely: tests that are possible with the given regression’s information and tests that should be conducted but are not possible with the given information.
For the tests that are possible please conduct them at a 5% significance level and for those that are not possible only mention their names without any further details
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