6. Step 6: the formula for the intercept (i.e. constant: denoted as Alpha Hat) of a...
X Part I. Derive Bivariate Regression by hand. Again, we are using the same data set that we used in the in-class assessment. Case Dietary Fat Body Fat 22 9.8 22 11.7 14 8.0 21 9.7 32 10.9 26 7.8 30 21 17 1. Step 1: Find the mean of dietary fat x = 2. Step 2: Find the mean of body fat y = 3. Step 3: Find the sum of (x1 - x)y- y) = 3316 4. Step...
Call: formula -MoiveS8ookSales MoiveS8oxOfficeReceipts+ Moi veSProductionCosts+ MoiveSPronotionalCosts) Residuals Min 1Q Median 3 Max 4.883-2.511 -1.528 1.560 6.721 Coefficients: Estimate Std. Error t value Pr(>ltl) 0.9996 4.7607 0.210 0.841 (Intercept) MoiveS8oxOfficeReceipts 0.3487 .2218 1.536 0.175 MoiveSProductionCosts -0.7565 1.1564 -0.654 0.537 MoiveSPromotionalCosts 2.7566 1.9605 -1.486 8.209 Residual standard error: 4.836 on 6 degrees of freedon Multiple R-squared: 0.4175, Adjusted R-squared: 0.1263 F-statistic: 1.434 on 3 and 6 DF. p-value: 8.3229 13. Given alpha 0.05, based on the output, which of the following...
In models with a dummy dependent variable, which of the following is true about link functions? (a) The link function converts ??????̂ into ??� ?? (b) The link function converts the linear component of a non-linear model to a quantity of interest. (c) Both (a) and (b) are correct. (d) Neither (a) nor (b) are correct. In models with a dummy dependent variable, which of the following is true about link functions? (a) The link function that we choose determines...
1. Which of the following conditions will lead to a smaller variance for the intercept estimator for your multiple regression model? (A) X values cluster far from the origin of the X axis (B) X values closely pack around the mean of X in your sample (C) Small sample sizes (D) High correlation among the explanatory variables (E) Small error variance in the population regression function 2. R-squared (A) measures the proportion of variability of the dependent variable that is...
Q) The CO2 dataset in R has data on plants from Quebec and Mississippi (denoted by the variable name ‘Type’) that were subjected to two different treatments (denoted by the variable name “Treatment”), chilled or nonchilled. I ran two regression models to see what variables best describe CO2 uptake of plants, given different conditions, with the output below: What are the regression equations for models 1 and 2? What kind of variable is “Treatment”? What does the sign of the...
1. Consider the following simple regression model: y = β0 + β1x1 + u (1) and the following multiple regression model: y = β0 + β1x1 + β2x2 + u (2), where x1 is the variable of primary interest to explain y. Which of the following statements is correct? a. When drawing ceteris paribus conclusions about how x1 affects y, with model (1), we must assume that x2, and all other factors contained in u, are uncorrelated with x1. b....
3) Consider the following linear regression: y =a + Bx + Show that minimizing the sum of squared residuals ( - ) to obtain OLS estimators of the slope and the intercept results in the following algebraic properties a) b) Ex = 0 = 0 4) You run the following regression: TestScore = a + (Female) + where TestScore is measured on a scale from 400 to 1000, and female is an indicator for the gender of the student. You...
1. Which chi-square-based measure of association has an upper limit larger than 1 for different table sizes? a. Pearson b. phi c. contingency coefficient C d. Cramer's V e. None of these are correct 2. Bivariate correlation analysis addresses a correlation of two continuous variables measured on an interval or ratio scale. True or False? 3. Both correlation and regression need what level of data? a. nominal or ordinal b. ordinal or interval c. interval or ratio d. nominal or...
7. The following shows a partial printout of a regression analysis: Intercept X Variable 1 Coefficients 6903.83329 3.02097535 Which of the following statement about this regression analysis is correct? a. The fixed cost component is $6,903. b. The variable cost per unit is $3.02. c. Projected total cost for 400 units of activity will be $8,111. d. All of the above. 8. Regression analysis: a. is always accurate. b. uses statistical techniques. c. may involve more than one predictor variable....
QUESTION 1 Consider the following OLS regression line (or sample regression function): wage =-2.10+ 0.50 educ (1), where wage is hourly wage, measured in dollars, and educ years of formal education. According to (1), a person with no education has a predicted hourly wage of [wagehat] dollars. (NOTE: Write your answer in number format, with 2 decimal places of precision level; do not write your answer as a fraction. Add a leading minus sign symbol, a leading zero and trailing...