Q13.Quantity demand of Heating Gas t=β0 - β1 Price of Heating Gas+ β2 Income per capital SUMMARY OUTPUT Regression Statistics Multiple R0.91723906 R Square………………….. Adjusted R Square0.826215825 Standard Error1.972012508 Observations………………… ANOVA dfSSMSFRegression2433.0140833216.507…………………Residual21………………….3.888833 Total….514.6795833 CoefficientsStandard Errort StatP-valueIntercept-2.1052.374617513-0.886460.385409797Price of Heating Oil-0.5788333330.104968381-5.514361.79846E-05Income Per Household4.0750.4930031278.2656684.85848E-08 Complete the (?) on table by correct numberWrite down the multiple regression equation. How much is the % variation in the house price that is explained by the independent variables. Interpret the regression coefficients X3. At the 5% level of significance, which of the 4 independent variables is NOT statistically significant in the determination of the FDI in MENA region? Explain your answer.

Regression In most research problems where regression analysis is applied more than one independent…

Answered: Q13. Quantity demand of Heating Gas…

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Q13.
Quantity demand of Heating Gas t=β0 - β1 Price of Heating Gas+ β2 Income per capital

Complete the (?) on table by correct number
Write down the multiple regression equation.
How much is the % variation in the house price that is explained by the independent variables.
Interpret the regression coefficients X3.
At the 5% level of significance, which of the 4 independent variables is NOT statistically significant in the determination of the FDI in MENA region? Explain your answer.

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