Suppose you estimated the following regression and obtain results as outlined below. Standard errors in parentheses. Ay, = 2.4 + 0.926y,+u, (0.224) (0.043) Test the hypothesis that y, has a unit root vs the alternative that it does not at the 5% level of significance.
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- For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year. Based on the set of data given in Table 5, calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient. Round to three decimal places of accuracyFor the following exercises, consider the data in Table 5, which shows the percent of unemployed in a city ofpeople25 years or older who are college graduates is given below, by year. 41. Based on the set of data given in Table 7, calculatethe regression line using a calculator or othertechnology tool, and determine the correlationcoefficient to three decimal places.Respiratory Rate Researchers have found that the 95 th percentile the value at which 95% of the data are at or below for respiratory rates in breath per minute during the first 3 years of infancy are given by y=101.82411-0.0125995x+0.00013401x2 for awake infants and y=101.72858-0.0139928x+0.00017646x2 for sleeping infants, where x is the age in months. Source: Pediatrics. a. What is the domain for each function? b. For each respiratory rate, is the rate decreasing or increasing over the first 3 years of life? Hint: Is the graph of the quadratic in the exponent opening upward or downward? Where is the vertex? c. Verify your answer to part b using a graphing calculator. d. For a 1- year-old infant in the 95 th percentile, how much higher is the walking respiratory rate then the sleeping respiratory rate? e. f.
- For the following exercises, consider the data in Table 5, which shows the percent of unemployed ina city of people 25 years or older who are college graduates is given below, by year. 40. Based on the set of data given in Table 6, calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient to three decimal places.Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to 2012. a. Let x represent time in years starting with x=0 for the year 1997. Let y represent the number of seals in thousands. Use logistic regression to fit a model to these data. b. Use the model to predict the seal population for the year 2020. c. To the nearest whole number, what is the limiting value of this model?An automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year () and the age of the car (, in years) at the beginning of the year. The company has gathered the data on 10 automobiles and run a regression analysis with the results shown below:. Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Square 0.9212 StErr of Estimate 72.218 Regression coefficients Coefficient Std Err t-value p-value Constant 33.796 48.181 0.7014 0.5057 Miles Driven 0.0549 0.0191 2.8666 0.0241 Age of car 21.467 20.573 1.0434 0.3314 Use the information above to estimate the annual maintenance expense for a 10 years old car with 60,000 miles.
- Which of the following best describes a regression coefficient in a bivariate setting? a. The change in Y predicted by a unit change in X b. The slope of a line that minimizes the sum of squared residuals c. The correlation coefficient multiplied by SDy/SDx d. All of the aboveA researcher is interested to measure returns to schooling. He ran the regression below: w = a + b*School where w is the hourly wage, 'School' measures years of schooling and b is the coefficient on schooling. Fill in the missing blanks to make the statement correct. Omitting an important variable а. biases b only if it is not related to the 'School' variable. b. does not affect the estimate of b. It only affects the standard error of the estimated coefficient. C. biases b and affects the standard error of the estimated coefficient. d. biases b only if it is related to the 'School' variable.Consider the following multiple regression model : y hat = -6.72 + 0.51x1 - 0.69x2 + 1.452x3 a. What is the mean value of y when x1 = 9, x2 = 4, and x3 = 7? b. write a sentence interpreting the value of ℬ2 hat = -0.69. c. Would the mean value of y be larger or smaller if x2 wereincreased, but x1 and x3 were held constant? Explain in a few sentences. d. If there were an interaction between x2 and x3, what additional predicator variable should be added to the model?
- The Linear regression is used to predict Y from X in a certain population. In this population, SSY is 50, the correlation between X and Y is .5, and N is 100. What will be the standard error of the estimate?Suppose that as an investor in the stock market, you’re looking for a stock that's going to move in tandem with the overall market. You compute the returns for a stock you're looking at, and run a regression against a broad market index, obtaining the following regression output: SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square 0.998 0.996 0.996 Standard Error 0.190 Observations 10 ANOVA df SS MS F Significance F Regression Residual 1 80.541 8 0.289 Total 9 80.828 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 0.131 0.130 .014 0.340341 0.030 0.167 Broad Market Index 0.988 0.021 47.218 4.39E-11 0.940 1.036 What is the test statistic corresponding to the claim that there is a significant correlation? enter 3 decimal places What is the test statistic for the overall validity of the model? enter 3 decimal places What is the best estimate for the pooled variance? enter 3 decimal placesWhich of the following is NOT a plot of residuals typically used in multiple regression analysis with two independent variables (X1 and X2)? Select one: a. Residuals versus X2. b. Residuals versus correlation coefficients. c. Residuals versus time. d. Residuals versus X1.