Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
1. Identification of indep and dep var
![A
1 Page 143
2
3
4 Student
5 A
6 B
7 C
8
D
9
E
10 F
11 G
12 H
13 I
14 J
15 K
16 L
17 M
18
19
20
21
22
23
4
24 3
25
2
26
27
1
28 0
29
30
31
32
5
0
B
Problem #4-18
500
De
C
SAT
10
1263
1131
1755
2070
1824
1170
1245
1443
2187
1503
1839
2127
1098
1000
D
GPA
2.9
2.93
3
3.45
3.66
2.88
2.15
2.53
3.22
1.99
2.75
3.9
1.6
GPA
1500
E
2000
F
G
2500
H
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fed18415a-af27-44e8-aa80-ad5d454cc154%2F1f38ea9c-dd11-45bd-a419-20ca48ec2133%2Fwtq1lyb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A
1 Page 143
2
3
4 Student
5 A
6 B
7 C
8
D
9
E
10 F
11 G
12 H
13 I
14 J
15 K
16 L
17 M
18
19
20
21
22
23
4
24 3
25
2
26
27
1
28 0
29
30
31
32
5
0
B
Problem #4-18
500
De
C
SAT
10
1263
1131
1755
2070
1824
1170
1245
1443
2187
1503
1839
2127
1098
1000
D
GPA
2.9
2.93
3
3.45
3.66
2.88
2.15
2.53
3.22
1.99
2.75
3.9
1.6
GPA
1500
E
2000
F
G
2500
H
+
![5
4
3
2
1
0
A
0
B
9
D
1
2
3 SUMMARY OUTPUT
4
5 Regression Statistics
6 Multiple R
$7 R Square
38 Adjusted R Squ
39 Standard Error
40 Observations
41
42 ANOVA
43
44 Regression
45 Residual
46 Total
47
48
49 Intercept
50 SAT
500
0.691801
0.478589
0.431188
0.496075
13
df
C
1000
D
GPA
1500
E
Coefficientsandard Err t Stat
1.027771 0.587631 1.749006
0.001143 0.00036 3.177517
Problem 4-18 Problem 4-10
F
2000
SS
MS
ignificance F
1 2.484681 2.484681 10.09661 0.0088
11 2.706996 0.246091
12 5.191677
G
2500
H
P-value Lower 95% Jpper 95%ower 95.0%pper 95.0%
0.1081 -0.2656 2.321138 -0.2656 2.321138
0.0088 0.000351 0.001934 0.000351 0.001934
Problem 4-22
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fed18415a-af27-44e8-aa80-ad5d454cc154%2F1f38ea9c-dd11-45bd-a419-20ca48ec2133%2F4mrqk6q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:5
4
3
2
1
0
A
0
B
9
D
1
2
3 SUMMARY OUTPUT
4
5 Regression Statistics
6 Multiple R
$7 R Square
38 Adjusted R Squ
39 Standard Error
40 Observations
41
42 ANOVA
43
44 Regression
45 Residual
46 Total
47
48
49 Intercept
50 SAT
500
0.691801
0.478589
0.431188
0.496075
13
df
C
1000
D
GPA
1500
E
Coefficientsandard Err t Stat
1.027771 0.587631 1.749006
0.001143 0.00036 3.177517
Problem 4-18 Problem 4-10
F
2000
SS
MS
ignificance F
1 2.484681 2.484681 10.09661 0.0088
11 2.706996 0.246091
12 5.191677
G
2500
H
P-value Lower 95% Jpper 95%ower 95.0%pper 95.0%
0.1081 -0.2656 2.321138 -0.2656 2.321138
0.0088 0.000351 0.001934 0.000351 0.001934
Problem 4-22
+
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