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The following three equations were estimated using the 1,534 observations in 401K: prate = 80.29 + 5.44 mrate + .269 age – .00013 totemp (.78) (.52) R = .100, R = .098. (.045) (.00004) 2.66 log(totemp) (.28) prate = 97.32 + 5.02 mrate + .314 age (1.95) (0.51) R? = .144, R = .142. (.044) prate = 80.62 + 5.34 mrate + .290 age – .00043 totemp (.78) (.52) + .0000000039 totemp (.00000000010) R = .108, R = .106. (.045) (.00009) Which of these three models do you prefer? Why?

The following three equations were estimated using the 1,534 observations in 401K: prate = 80.29 + 5.44 mrate + .269 age – .00013 totemp (.78) (.52) R = .100, R = .098. (.045) (.00004) 2.66 log(totemp) (.28) prate = 97.32 + 5.02 mrate + .314 age (1.95) (0.51) R? = .144, R = .142. (.044) prate = 80.62 + 5.34 mrate + .290 age – .00043 totemp (.78) (.52) + .0000000039 totemp (.00000000010) R = .108, R = .106. (.045) (.00009) Which of these three models do you prefer? Why?

MATLAB: An Introduction with Applications
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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The following three equations were estimated using the 1,534 observations in 401K: prate = 80.29 + 5.44 mrate + .269 age – .00013 totemp (.78) (.52) R = .100, R = .098. (.045) (.00004)
Transcribed Image Text:The following three equations were estimated using the 1,534 observations in 401K: prate = 80.29 + 5.44 mrate + .269 age – .00013 totemp (.78) (.52) R = .100, R = .098. (.045) (.00004)
2.66 log(totemp) (.28) prate = 97.32 + 5.02 mrate + .314 age (1.95) (0.51) R? = .144, R = .142. (.044) prate = 80.62 + 5.34 mrate + .290 age – .00043 totemp (.78) (.52) + .0000000039 totemp (.00000000010) R = .108, R = .106. (.045) (.00009) Which of these three models do you prefer? Why?
Transcribed Image Text:2.66 log(totemp) (.28) prate = 97.32 + 5.02 mrate + .314 age (1.95) (0.51) R? = .144, R = .142. (.044) prate = 80.62 + 5.34 mrate + .290 age – .00043 totemp (.78) (.52) + .0000000039 totemp (.00000000010) R = .108, R = .106. (.045) (.00009) Which of these three models do you prefer? Why?
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