The block of code below produces a simple linear regression model using "miles per gallon" as the response variable and "weight" (of the car) as a predictor variable. The ols method in statsmodels.formula.api submodule returns all statistics for this simple linear regression model. Click the block of code below and hit the Run button above. [ 6]: from statsmodels.formula.api import ols # create the simple linear regression model with mpg as the response variable and weight as the predictor variable model = ols ( 'mpg - wt', data=cars_df).fit() #print the model summary print(model.summary()) OLS Regression Results ====- ======-: ====== Dep. Variable: Model: R-squared: Adj. R-squared: F-statistic: 0.745 mpg OLS Least Squares Fri, 26 Nov 2021 0.736 81.88 8.33e-10 Method: Date: Time: Prob (F-statistic): Log-Likelihood: 06:16:17 -75.934 No. Observations: 30 AIC: 155.9 Df Residuals: 28 BIC: 158.7 Df Model: 1 Covariance Type: nonrobust =====: ======= ========= coef p>|t|| [0.025 0.975] std err t Intercept 37.3323 2.014 18.534 0.000 33.206 41.458 wt -5.3511 0.591 -9.049 0.000 -6.562 -4.140 === ===: ===-== Omnibus: Prob(Omnibus): Skew: Kurtosis: 2.439 Durbin-Watson: 2.338 0.295 2.073 Jarque-Bera (JB): Prob(JB): 0.625 0.355 2.689 Cond. No. 12.9 ====== ================= ============ = ============ ================= ======

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The block of code below produces a simple linear regression model using "miles per gallon" as the response variable and "weight" (of the car) as a predictor
variable. The ols method in statsmodels.formula.api submodule returns all statistics for this simple linear regression model.
Click the block of code below and hit the Run button above.
In [6]:
from statsmodels.formula.api import ols
# create the simple linear regression model with mpg as the response variable and weight as the predictor variable
model =
ols('mpg
wt',
data=cars_df).fit()
#print the model summary
print(model.summary())
OLS Regression Results
==== ===
=============== ===
==== ==
Dep. Variable:
Model:
R-squared:
Adj. R-squared:
mpg
0.745
OLS
0.736
Least Squares
Fri, 26 Nov 2021
Method:
F-statistic:
81.88
Prob (F-statistic):
Log-Likelihood:
Date:
8.33e-10
Time:
06:16:17
-75.934
No. Observations:
30
AIC:
155.9
Df Residuals:
28
BIC:
158.7
Df Model:
1
Covariance Type:
nonrobust
сoef
std err
t
P>|t|
[0.025
0.975]
Intercept
37.3323
2.014
18.534
0.000
33.206
41.458
wt
-5.3511
0.591
-9.049
0.000
-6.562
-4.140
==
===
===
Omnibus:
2.439
Durbin-Watson:
2.338
Prob(Omnibus):
0.295
2.073
Jarque-Bera (JB):
Prob(JB):
Skew:
0.625
0.355
Kurtosis:
2.689
Cond. No.
12.9
======
Transcribed Image Text:The block of code below produces a simple linear regression model using "miles per gallon" as the response variable and "weight" (of the car) as a predictor variable. The ols method in statsmodels.formula.api submodule returns all statistics for this simple linear regression model. Click the block of code below and hit the Run button above. In [6]: from statsmodels.formula.api import ols # create the simple linear regression model with mpg as the response variable and weight as the predictor variable model = ols('mpg wt', data=cars_df).fit() #print the model summary print(model.summary()) OLS Regression Results ==== === =============== === ==== == Dep. Variable: Model: R-squared: Adj. R-squared: mpg 0.745 OLS 0.736 Least Squares Fri, 26 Nov 2021 Method: F-statistic: 81.88 Prob (F-statistic): Log-Likelihood: Date: 8.33e-10 Time: 06:16:17 -75.934 No. Observations: 30 AIC: 155.9 Df Residuals: 28 BIC: 158.7 Df Model: 1 Covariance Type: nonrobust сoef std err t P>|t| [0.025 0.975] Intercept 37.3323 2.014 18.534 0.000 33.206 41.458 wt -5.3511 0.591 -9.049 0.000 -6.562 -4.140 == === === Omnibus: 2.439 Durbin-Watson: 2.338 Prob(Omnibus): 0.295 2.073 Jarque-Bera (JB): Prob(JB): Skew: 0.625 0.355 Kurtosis: 2.689 Cond. No. 12.9 ======
What is the slope coefficient? Is this coefficient significant at a 5% level of
significance (alpha=D0.05)? (Hint: Check the P-value, P>It|, for weight in the
Python output.) See Step 4 in the Python script.
Transcribed Image Text:What is the slope coefficient? Is this coefficient significant at a 5% level of significance (alpha=D0.05)? (Hint: Check the P-value, P>It|, for weight in the Python output.) See Step 4 in the Python script.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman