We conduct a simple regression of size on hhinc. The regression output is reported in Table 1. Interpret the sign and magnitude of the estimated coefficients. Is the sign of the estimated coefficient of hhinc in line with your answer to a)? Table 1 regress size hhinc Source df MS Number of obs 5,407 F(1, 5405) 1613.34 %3D Model 263141566 1 263141566 Prob > F 0.0000 %3D Residual R-squared Adj R-squared %3D Total 1.1447e+09 5,406 211749.457 Root MSE size Coefficient Std. err. P>|t| [95% conf. interval] hhinc .0082545 .0002055 40.17 0.000 0078516 0086574 _cons 800.9835 9.404917 85.17 0.000 782.5461 819.4209
We conduct a simple regression of size on hhinc. The regression output is reported in Table 1. Interpret the sign and magnitude of the estimated coefficients. Is the sign of the estimated coefficient of hhinc in line with your answer to a)? Table 1 regress size hhinc Source df MS Number of obs 5,407 F(1, 5405) 1613.34 %3D Model 263141566 1 263141566 Prob > F 0.0000 %3D Residual R-squared Adj R-squared %3D Total 1.1447e+09 5,406 211749.457 Root MSE size Coefficient Std. err. P>|t| [95% conf. interval] hhinc .0082545 .0002055 40.17 0.000 0078516 0086574 _cons 800.9835 9.404917 85.17 0.000 782.5461 819.4209
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
1b
![b) We conduct a simple regression of size on hhinc. The regression output is reported
in Table 1. Interpret the sign and magnitude of the estimated coefficients. Is the sign
of the estimated coefficient of hhinc in line with your answer to a)?
Table 1
regress size hhinc
Source
SS
df
MS
Number of obs
5,407
F(1, 5405)
1613.34
Model
263141566
1
263141566
Prob > F
0.0000
Residual
R-squared
%3D
Adj R-squared
%3D
Total
1.1447e+09
5,406
211749.457
Root MSE
size
Coefficient
Std. err.
P> |t|
[95% conf. interval]
hhinc
.0082545
.0002055
40.17
0.000
.0078516
.0086574
_cons
800.9835
9.404917
85.17
0.000
782.5461
819.4209](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58fde610-d8b1-4e8e-92c6-920e535b2e7a%2F8bfc79fc-a491-4d04-bbbf-9566a66d4418%2Fcwz4fx_processed.png&w=3840&q=75)
Transcribed Image Text:b) We conduct a simple regression of size on hhinc. The regression output is reported
in Table 1. Interpret the sign and magnitude of the estimated coefficients. Is the sign
of the estimated coefficient of hhinc in line with your answer to a)?
Table 1
regress size hhinc
Source
SS
df
MS
Number of obs
5,407
F(1, 5405)
1613.34
Model
263141566
1
263141566
Prob > F
0.0000
Residual
R-squared
%3D
Adj R-squared
%3D
Total
1.1447e+09
5,406
211749.457
Root MSE
size
Coefficient
Std. err.
P> |t|
[95% conf. interval]
hhinc
.0082545
.0002055
40.17
0.000
.0078516
.0086574
_cons
800.9835
9.404917
85.17
0.000
782.5461
819.4209
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