The following data refer to Quantity (Q) andrice (P) callected from amanufacturing company between 2004-te 209. Set up a linear regression equation6y Jependes8 13. 16P.O15 18 21 30 26 34345 2 nb 240 3E SU4(a). Construct a 95 % prediction interval for P(price) when the level of (quantity)Q =37 in the 2010 and interprerthe result you obtained as an econometrics.(b). Develope the anova table & discuss what you say about the regression model byF test statištic you compute.

Answered: Image /qna-images/answer/8f3d453b-a20b-42b2-bd59-16c5b89d80e5.jpg

Answered: The following data refer to Quantity…

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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4. The following regression is fitted using variables identified that could be related to tuition charges ($) of a university. TUITION = a+ B ACCEPT + y MSAT + 1 VSAT Where ACCEPT = the percentage of applicants that was accepted by the university, MSAT = Median Math SAT score for the freshman class and VSAT = Median English SAT score for the freshman class. The data was processed using MNITAB and the following is an extract of the output obtained: Predictor Coef StDev T P Constant -26780 6115 -4.38 0.000 ACCEPT 116.00 37.17 * 0.003 MSAT -4.21 14.12 VSAT 70.85 15.77 -0.30 4.49 0.767 ** S = 2685 R-Sq = 69.6% Analysis of Variance R-Sq (adj) = 67.7% Source DF SS MS F P Regression 3 808139371 Residual Error 49 353193051 269379790 7208021 37.37 0.000 Total 52 1161332421 a) Write out the regression equation. b) State the dependent and independent variable(s) c) Fill in the blanks identified by ** and ****. d) Is B significant, at the 10% level of significance? e) State one limitation of using…
Interpret the following graphs for multiple linear regression and comment on the validity of model assumptions
The following table shows the starting salary and profile of a sample of 10 2 p employees in a certain call center agency. Run a multiple regression analysis with starting salary as the dependent variable (pesos) and GPA, years of experience and civil service ratings as the independent variables. Use .05 level of significance.What is the computed R square of the resulting multiple linear regression and its interpretation? * Civil Years of Starting salary GPA service experience ratings 79.5 15000 80.1 15000 81.2 78.0 15500 81.3 79.0 16000 82.4 80.0 16200 83.4 85.0 17500 87.9 89.9 89.1 18000 90.3 16,300 84.2 17000 87.0 17900 88.1 84.1 89.0 89.2 R squared = 0.8053; This means that 80.53% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of experience and civil service ratings. R squared = 0.9651; This means that 96.51% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of…
The following sample contains the scores of 6 students selected at random in Mathematics and English. Use the scores in English as the dependent variable Y. Mathematics score (X) 70 92 80 74 65 83 English score (Y) 74 84 63 87 78 90 ∑x=464, ∑y=476,∑x^2=36354,∑y^2=38254, ∑xy=36926. Estimate the regression parameters and also write the prediction equation.
The following is the result of the multiple linear regression analysis in STATISTICA, where the response Y = lung capacity of a person, xage = age of the person in years, xheight = height of the person in inches, = a categorical variable with 2 levels (0 = non- X smoke smoker, 1 = smoker), and xCaesarean = a categorical variable with 2 levels (0 = normal delivery, 1 = %3D %3D Caesarean-section delivery). b* Std.Err. Std.Err. t(720) p-value N=725 Intercept Age Height Smoke Caesarean of b 0.467772 0.017626 of b* -11.8001 0.1372 0.2790 -0.6407 -25.2263 7.7846 28.6552 -5.0142 0.000000 0.000000 0.000000 0.206427 0.026517 0.026340 0.754765 -0.074205 -0.033054 0.009735 0. 127774 0.092146 0.000001 0.022851 0.014799 0.014492 -0.2102 -2.2808 What is the predicted lung capacity of an 14-year old non-smoker whose height is 71 inches born by normal delivery? (final answer to 4 decimal places)
Suppose the following data were collected from a sample of 1515 CEOs relating annual salary to years of experience and the economic sector their company belongs to. Use statistical software to find the following regression equation: SALARYi=b0+b1EXPERIENCEi+b2SERVICEi+b3INDUSTRIALi+eiSALARY�=�0+�1EXPERIENCE�+�2SERVICE�+�3INDUSTRIAL�+��. Is there enough evidence to support the claim that on average, CEOs in the service sector have lower salaries than CEOs in the financial sector at the 0.010.01 level of significance? If yes, write the regression equation in the spaces provided with answers rounded to two decimal places. Else, select "There is not enough evidence." Copy Data CEO Salaries Salary Experience Service (1 if service sector, 0 otherwise) Industrial (1 if industrial sector, 0 otherwise) Financial (1 if financial sector, 0 otherwise) 144225144225 1010 11 00 00 187765187765 2020 00 00 11 142500142500 66 11 00 00 169650169650 2828 11 00 00 167250167250 3131 00…
This table reports the regression coefficients when the returns of the size-institutionalownership portfolio (columns 1 and 2) returns are regressed on three variables: a constant(column 3), the stock market returns (column 4), and the change of the value weighted discountof the closed end fund industry (column 6). Columns 5 and 7 report the corresponding t-statistics of the coefficient estimates. Note that a t-statistic with an absolute value above 1.96means the coefficient estimate is significantly different from 0 at the 1% level. Column 8reports the R square of the regressions. Column 9 reports the mean institutional ownership ofeach portfolio. The last column reports the F-statistics for a multivariate test of the null hypothesis that the coefficient on ΔVWD in the Low (L) ownership portfolio is equal to theHigh (H) ownership portfolio. Two-tailed p-values are in parentheses. 1. What is the main finding of this Table? 2. What is the explanation for…
A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to 2016: ??=?+????+????+????Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports ($000’s) and FDI = annual foreign direct investment ($000’s). The sample of data was processed using MINITAB and the following is an extract of the output obtained:Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491OIL 85.39 18.46 4.626 0.0006EXP -377.08 112.19 * 0.0057FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq = 96.3% R-sq(adj) = 95.3%Analysis of VarianceSource DF SS MS F pRegression 3 1991.31 663.77 ? ??Error 12 77.4 6.45Total 15 Perform the F Test making sure to state the null and alternative hypothesis. f) Given an interpretation of the term “R-sq” and comment on its value.
8
A regional distributor of NIKE shoes is in the process of analyzing the factors that influence thedemand for the NIKE brand. The distributor hired an economist to conduct a study on the demand for this product. The economist collected quarterly time series data from 1986Q1 to 1991Q4 on the following variables:SALES Sales of NIKE shoesRPDI Real personal disposal incomeCONF Consumer confidence indexD2 Dummy variable for quarter 2D3 Dummy variable for quarter 3D4 Dummy variable for quarter 4Ordinary Least Squares was applied using sales as the dependent variable and real personal disposal income, consumer confidence index, dummy variable for quarter 2, dummy variable for quarter 3, and dummy variable for quarter 4 as independent variables. The table below shows the OLS output.Model 1: OLS, using observations 1986:1-1991:4 (T = 24)Dependent variable: SALESCoefficient Std. Error t-ratio p-valueconst −139.452 61.8421 −2.255 0.0368 **RPDI 1.56286 0.438492 3.564 0.0022 ***CONF 0.256247…

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