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Explain your inference from the QQ Plot List the variables accepted at alpha -10%? Explain which independent variable is most collinear with the other independent. variables? Which variable is influencing the dependent variable the maximum?

Explain your inference from the QQ Plot List the variables accepted at alpha -10%? Explain which independent variable is most collinear with the other independent. variables? Which variable is influencing the dependent variable the maximum?

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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Engineer/Stats/Economics. Entry Level Salary (of 500 MBAS) was regressed on X1: MBA CGPA, X2: Undergrad CGPA and whether the student was Dummy 1 = 1 for Engineer; Dummy 2 = 1 for Stats. The output from a Statistical package is given below. Answer the questions that follow. Variable Intercept X1 X2 Dummy 1 Dummy 2 Parameter Estimates Coefficient Std Error t Value P Value 1.41 3.20 2.12 3.10 2.00 3.21 6.82 5.25 2.60 3.93 2 1 O www.w 2.28 2.13 2.48 0.84 1.97 0.02 0.03 0.01 0.40 0.05 What is the advantage of Statistics over Economics? Std Estimates VIF 90% Conf Limits 0.89 0.70 1.88 6.55 0.35 11.00 4.94 0.20 1.45 -4.37 0.10 4.20 -0.57 5.53 12.08 8.74 7.70 7.22 Explain your inference from the QQ Plot List the variables accepted at alpha - 10%? Explain which independent variable is most collinear with the other independent. variables? Which variable is influencing the dependent variable the maximum? I
Transcribed Image Text:Engineer/Stats/Economics. Entry Level Salary (of 500 MBAS) was regressed on X1: MBA CGPA, X2: Undergrad CGPA and whether the student was Dummy 1 = 1 for Engineer; Dummy 2 = 1 for Stats. The output from a Statistical package is given below. Answer the questions that follow. Variable Intercept X1 X2 Dummy 1 Dummy 2 Parameter Estimates Coefficient Std Error t Value P Value 1.41 3.20 2.12 3.10 2.00 3.21 6.82 5.25 2.60 3.93 2 1 O www.w 2.28 2.13 2.48 0.84 1.97 0.02 0.03 0.01 0.40 0.05 What is the advantage of Statistics over Economics? Std Estimates VIF 90% Conf Limits 0.89 0.70 1.88 6.55 0.35 11.00 4.94 0.20 1.45 -4.37 0.10 4.20 -0.57 5.53 12.08 8.74 7.70 7.22 Explain your inference from the QQ Plot List the variables accepted at alpha - 10%? Explain which independent variable is most collinear with the other independent. variables? Which variable is influencing the dependent variable the maximum? I
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