econometrics 120121Question 8The two regressions below are evaluating the Retail Price of bikes. The first regression (Summary Report below) was done using "type" and "weight" as independent variables and thesecond regression used "type", "weight", and an "interaction variable" (type times weight) as a third variable (2nd Summary Report below).122123EIRST BEGBESSION (Te Independent Yariables)SUMMARY OUTPUTRegression Statisties124125126Multiple R0.69127RSquare0.48128Adjusted R Square0.42Standard Error 385.99Observat12913019131132ANOVAAVSiicance F7.431332 2212853 110642716 2383841Regression0.01134135Residual148990136Total18 4596695137Coefficientandard En t StatPvaluetower 3pper ower 5Coper 5138I 771.94 1580.038Intercept1390.4890.632 ##### 4121.472 ##### 4121.472140ТуреWeight329.87 284.7281.1590.264 -273.721 933.470 -273.721 933.470141-13.1049.749-0.2630.796 -118.560 92.367 -118.560 92.367142SECOND BEGRESSION(Ihree independent Fariables)SUMMARY OUTPUT143144Regression StatisticsMultiple R 0.7512RSquare 0.5643Adjusted R Square 0.4771Standard Error 365.42145146147148149150Observations19151152ANOVAdfSignificance F864568 6.4746 0.0050153MSF3 2593705RegressionResidualTotal15415515 200298913353315618 4596695157Canticion Stonderdi tStet0.566158Intercept 847.37 1496.497ТуреWeightTypelweight -73.451590.580 ##### ##### ##### #####1601908.07972.5911.9620.069 -164.962 ##### -164.962 #####161-13.6647.099-0.2900.776 -114.045 86.734 -114.045 86.73416243.493-1.6890.112 -166.15419.251 -166.15419.251163There were 19 observations on which these regressions were based.Use the F statistic to test whether the addition of the "TyperWeight" variable is significant. What is the F statistic and the p-value for164165166that F statisitc?8. Ansver

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Description: econometrics 120121Question 8The two regressions below are evaluating the Retail Price of bikes. The first regression (Summary Report below) was done using "type" and "weight" as independent variables and thesecond regression used "type", "weight", a

The null and alternative hypotheses are H0: All the coefficients are equal to zero. H1: At least one…

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Residual Total 15 2002989 133533 18 4596695 Intercept 847.37 1496.497 1908.07 -13.66 0.566 1962 -0.290 -1689 0.580 0.069 -164.962 -164.962 Type Veight TypelVeight -73.45 972.591 47.099 43.493 0.776 -114.045 86.734 -114.045 86.734 0.112 -166.154 19.251 -166.154 19.251 There were 19 observations on which these regressions were based. Use the F statistic to test whether the addition of the "TypelVeight" variable is significant. Vhat is the F statistic and the p-value for that F statisito? 8. Ansver

Residual Total 15 2002989 133533 18 4596695 Intercept 847.37 1496.497 1908.07 -13.66 0.566 1962 -0.290 -1689 0.580 0.069 -164.962 -164.962 Type Veight TypelVeight -73.45 972.591 47.099 43.493 0.776 -114.045 86.734 -114.045 86.734 0.112 -166.154 19.251 -166.154 19.251 There were 19 observations on which these regressions were based. Use the F statistic to test whether the addition of the "TypelVeight" variable is significant. Vhat is the F statistic and the p-value for that F statisito? 8. Ansver

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

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