What is the t ratio of B₂ of in the regression output below? (Report you answer using 2 decimalplaces)Source ISS144754063432042896Total 576796959ModelResidualMS72377031.7266 6546104.4868 8482308.22X2-271.6425X3 666.9568cons I 9657.754Number of obsF(2, 66)Prob> FR-squaredAdj R-squaredRoot MSEY I Coefficient Std. err.. t P>ltl57.771150.0001.95 0.0561346.546911.060.00010.25102558.5[95% conf. interval]-386.9864-156.2987-16.57891350.4926969.312346,21

Suppose β2 is the slope coefficient of the X2.

Answered: What is the t ratio of B₂ of in the…

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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Hi Just question 10 and 11 Thank you.
1. You estimated a regression with the following output. Source | SS df MS Number of obs = 210 -------------+---------------------------------- F(1, 208) = 940.28 Model | 5529353.01 1 5529353.01 Prob > F = 0.0000 Residual | 1223155.7 208 5880.55624 R-squared = 0.8189 -------------+---------------------------------- Adj R-squared = 0.8180 Total | 6752508.71 209 32308.6541 Root MSE = 76.685 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 13.66711 .4457062 30.66 0.000 12.78843 14.54579 _cons | 103.7139 41.86814 2.48 0.014 21.17362 186.2542…
A regression model relating x, number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following regression output. Where n total = 38. (NEED ANSWERS FOR A, B, C, D)
Measurements of the electrical resistivity of tungsten at specified temperatures are presented in the table below. The error in the determination of the temperature was negligible. The temperatures are stated as absolute temperatures in °K. The units of resistivity are u Ncm . Carry out a regression analysis for resistivity as a function of temperature. Temperature Resistivity 300 5.54 Include a scatterplot showing the residuals vs temperature. 400 7.95 Do the regression assumptions appear to be valid? 500 11.00 600 12.28 Include a scatterplot showing the raw data points as black circles as well as a continuous blue line representing the regression model. 700 15.95 800 18.46 Find the lower and upper limits for a 99% confidence interval for the slope of the regression model. Add a pair of red lines to the scatterplot: both passing through the centroid of the data, one having the slope corresponding to the lower bound of the confidence interval, and the other having the slope…
Why this type of plot is used in analysing regression models
Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the neorest fire station. This information will be used in setting rates for insurance coverage. For o somple of 30 claims for the last year, the director of the actuarial department determined the distance from the fire station (x) and the amount of fire domage, in thousands of dollars (y). ANOVA table Source Regression Residual SS df MS F 1,870.5782 1,870.5782 41.39 1,265.4934 3,136.0716 28 45.1962 Total 29 Regression output Standard Variables Coefficients Error t(df-28) Intercept Distance-X 13.76815 3.106 2.914 3.77es e. 5861 6.43 Click here for the Excel Data File a-1. Determine the regression equation. (Round your answers to 3 decimal places.) y3D X. a-2 Is there a direct or indirect relotionship between the distance from the fire station and the amount of fire damage? The relationship between distance and damage is b. How much domage would…
You estimated a regression with the following output. Source | SS df MS Number of obs = 325 -------------+---------------------------------- F(1, 323) = 42850.36 Model | 285905003 1 285905003 Prob > F = 0.0000 Residual | 2155111.65 323 6672.17228 R-squared = 0.9925 -------------+---------------------------------- Adj R-squared = 0.9925 Total | 288060115 324 889074.429 Root MSE = 81.683 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 11.83842 .0571895 207.00 0.000 11.72591 11.95093 _cons | 52.14457 5.949458 8.76 0.000 40.43999 63.84915…
You estimated a regression with the following output. Source | SS df MS Number of obs = 494 -------------+---------------------------------- F(1, 492) = 38566.69 Model | 803403712 1 803403712 Prob > F = 0.0000 Residual | 10249120.6 492 20831.546 R-squared = 0.9874 -------------+---------------------------------- Adj R-squared = 0.9874 Total | 813652832 493 1650411.42 Root MSE = 144.33 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 23.00296 .1171325 196.38 0.000 22.77281 23.2331 _cons | 34.71944 13.12788 2.64 0.008 8.925808 60.51307…
An automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year () and the age of the car (, in years) at the beginning of the year. The company has gathered the data on 10 automobiles and run a regression analysis with the results shown below:. Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Square 0.9212 StErr of Estimate 72.218 Regression coefficients Coefficient Std Err t-value p-value Constant 33.796 48.181 0.7014 0.5057 Miles Driven 0.0549 0.0191 2.8666 0.0241 Age of car 21.467 20.573 1.0434 0.3314 Use the information above to estimate the annual maintenance expense for a 10 years old car with 60,000 miles.
Question 10. What is the expected value of the elasticity of education on wages for a person ith 15 years of education at its expected wage? (a) 1.5 (b) 150 160 15.15 (c) 150 (d) 1 (e) 160 150
R2

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