QUESTION 1Consider a regression model of workers' wages using vector-matrix notation andeducation data. Data are provided in the table below:Constant11PersonEducation113215310a) Using the information in the table above, discuss whether there is linearindependence in the above modelb) Compute the coefficient vector of this modelc) The researcher transformed the wage variable into natural log values using Stataand the education values were considered in terms of years. How could youinterpret the coefficient on education?d) Use the estimated coefficient vector to compute the total sum of squared errorεε.Wage1.822.141.56e) Compute the R² and explain how well education explains the variation in wages.f) Briefly comment on the reliability of the above result.

Given information: Person Wage Constant Education 1 1.82 1 13 2 2.14 1 15 3 1.56 1 10…

Answered: QUESTION 1 Consider a regression model…

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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Logistic and Cox proportional hazards regression are used widely in medical and epidemiologic studies for analyzing the relationship between several risk factors and a time-related dichotomous response variable. Suppose we are studying the risk factors associated with mortality of Covid-19 patients admitted to hospitals in the Philippines. The response variable is whether or not the patient with Covid-19 died at the end of their hospitalization. Other variables recorded were: the time to death of the patient, sex, age, vaccinated or not vaccinated, presence of comorbidities, severity of Covid-19, variant of Covid-19, etc. In this study, would you prefer using the logistic regression or the Cox PH regression? Justify your answer. Site some of the advantages and disadvantages of preferring one method over the other. NOTE: other answer aside from the previous one on the tutor here in bartleby. Don't copy paste it pls
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Consider a regression model Yi=B1+B2xi+ui and you estimated B2hat =0.3. This implies that a unit charge x is predicted to a) increase the probability of Y=1 by 30 percentage points b) increase the probability of Y=1 by 30 percent c) increase Y by 0.3 units d) increase Y by 30%
Square Feet Sum of Bedrooms and Bathrooms Age of the Home Sales Price Square Feet Residual Plot Square Feet Line Fit Plot 1,610 5 70 227,900 800,000 2,146 6 59 284,900 700,000 816 4 70 149,900 FO000 600,000 2,183 6.5 48 309,900 40000 1,046 5.5 64 134,900 500.000 20000 5,183 10.5 21 440,000 400,000 • 2 000 1,150 4 62 150,000 1,000 4,000 5.000 6,000 2000 0 300,000 1,068 70 154,900 4000 0 5,570 7 50 700,000 200,000 6000 0 2,449 6. 53 257,000 100,000 BO00 0 1,950 59 239,900 1000 00 2,630 7.5 73 349,900 Square Feet 1,000 2,000 3,000 4,000 5,000 6,000 Square Feet 2,732 7.5 20 339,900 1,908 5 46 289,000 3,666 6.5 17 399,900 Sum of Bedrooms and Bathrooms Residual Plot Sum of Bedrooms and Bathrooms Line Fit Plot 80000 1,878 7 19 290,000 800,000 2,172 62 278,000 60000 700,000 40000 600,000 SUMMARY OUTPUT 20000 500,000 400,000 Regression Statistics 12 2000 0 Multiple R 0.949366054 300,000 R Square 0.901295904 4000 0 200,000 Adjusted R Square 0.878518035 6000 0 100,000 Standard Error 47571.46177…
3. Wine Participant magazine has collected average price per bottle for the prestigious Chateau Le Thundebird bordeaux for different vintages (years). The data appears in the table below. year of bottling price a) draw the scatter diagram showing how wine price varies by vintage year b) use the most appropriate regression equation to determine the relationship between year of bottling (age) and price. c) what is the explanatory power (RSQ) of that equation d) determine the predicted price of a bottle of this wine for the 2017 vintage. 2009 36 2010 40 2011 51 2012 60 2013 68 2014 72 2015 70 2016 65 2018 51 2019 44 2020 39

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