Use the Stata output below to answer the following question. The data used in this analysis is from a sample of airlines. Thevariables used are:fare-avg price of a one-way fare, in dollarsdist- distance of the flight, in miles.reg fare ldist.SourceModelResidual 551.391705TotallfareSSldist_cons875.094374dfThe OLS results suggest that1 323.7026681200243154,594MSCoef. Std. Err.4,595 190444913Number of obsF(1, 4594)Prob > FR-squaredAdj R-squaredRoot MSEt P>|t|.4025646 .0077517 51.93 0.0002.399834 .0521601 46.01 0.0004,5962696.980.00000.36990.3698.34645[95% Conf. Intervall.3873676 .41776172.297575 2.502093a 1% increase in distance is associated with approximately a $.40 increase in the price of the fare.a 1% increase in distance is associated with approximately a .40% increase in the price of the fare.a 1% increase in distance is associated with approximately a 40 % increase in the price of the fare.None of the above.

Answered: Use the Stata output below to answer…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Researchers Holdgate et al. (2016) studied walking behavior of elephants in North American zoos to see if there is a difference in average distance traveled by African and Asian elephants. They put GPS loggers on 33 African elephants and 23 Asian elephants and measured the distance (in kilometers) the elephants walked per day. The data in the file below Elephants contains results that are consistent with what the researchers found: Species Distance: African 6.12 African 3.65 African 4.26 African 3.8 African 5.23 African 5.02 African 5.17 African 5.37 African 4.89 African 6.4 African 6.42 African 6.85 African 3.38 African 7.71 African 4.02 African 3.52 African 5.81 African 5.83 African 7.02 African 6.11 African 4.62 African 5.54 African 3.2 African 5.49 African 5.47 African 6.97 African 3.74 African 3.04 African 7.84 African 8.62 African 7.63 African 5.25 African 4.19 Asian 1.39 Asian 2.59 Asian 8.03 Asian 7.93 Asian 0.33 Asian 8.22 Asian 6.95 Asian 2.39 Asian 3.89 Asian 10.53 Asian…
FOR EACH FXERCISE . A study was conducted to determine the relationship between a person's monthly income in dollars and the number of meals that person eats away from per month. The data from the sample are shown here. (The information in this exercise will be used for Exercises 14 and 36 in Section 10-4 and Exercise 16 in Section 10-5.) SKETCH SCAITERPLOT home - FIND SUMMARY STATISTICS FIND CORRELATION Income x 500 1200 1500 945 850 400 540 Meals y 8. 12 16 10 3
8.6 Cherry Trees: Timber yield is approximately equal to the volume of a tree, however, this value is difficult to measure without first cutting the tree down. Instead, other variables, such as height and diameter, may be used to predict a tree's volume and yield. Researchers wanting to understand the relationship between these variables for black cherry trees collected data from 31 such trees in the Allegheny National Forest, Pennsylvania. Height is measured in feet, diameter in inches (at 54 inches above ground), and volume in cubic feet. (Hand, 1994) Estimate Std. Error t value P(>|t|) (Intercept) -57.99 8.64 -6.71 0.00 height 0.34 0.13 2.61 0.01 diameter 4.71 0.26 17.82 0.00
The trend of thinner beauty pageant winners has generated charges that the contest encourages unhealthy diet habits among young women. Listed below are body mass indexes (BMI) for beauty pageant winners from two different time periods. Find the coefficient of variation for each of the two sets of data, then compare the variation. The coefficient of variation for the BMI's of beauty pageant winners from the 1920s and 1930s is %
State the estimated coefficient for time and its interpretation. Also, state what the coefficient of determination is and its interpretation.
QUESTION 2 An environmentalist wanted to determine if the mean acidity of rain differed among Ipoh, Johor Bahru and Kuantan. He randomly selected six rain dates at each city and obtained the following data: Table 2 Ipoh 5.10 5.00 4.91 5.12 4.78 5.20 Johor Bahru 4.80 4.15 4.42 4.65 4.87 4.10 Kuantan 5.45 6.23 5.55 5.10 5.42 5.25 Answer the following questions without using any output from any software. a) Construct a complete Analysis of Variance table. b) At <= 0.05, test whether the mean acidity of rain is different among the three cities. c) Based on the answer in (a) and (b), write a brief conclusion on the mean acidity of rain among Ipoh, Johor Bahru and Kuantan.
Find the t-value by using Data Analysis ToolPak. Could you please provide steps by steps to explain how you done it on excel
From the graphs displayed, is there evidence to suggest that there is a positive linear relationship between Square Feet and Bathrooms, for the population of real estate represented by this sample? Be sure to provide numeric support in your answer.
What are the most likely values of r for each plot of data shown below? Figure 1 *AT THE TOP r = -0.5 r = 0 r= 0.5 r = 1 ? Answer: Figure 2 *AT THE Bottom r = -0.5 r = 0 r= 0.5 r = 1 ? Answer:
There is a negative correlation between the average litres of wine consumed by residents of a country and the incidence of national coronary deaths. Explain why correlation in this case does not imply causation by suggesting a third variable z that explains the correlation. Is z a common response or a confounding variable? Draw a digraph illustrating the between x, y, and z

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

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

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS