Question

In: Statistics and Probability

I want to study an effect of GM policy and bt corn adoption rate (in acreage...

I want to study an effect of GM policy and bt corn adoption rate (in acreage percentage) on corn export. The data is taken from 3 countries. There are 4 categories for the GM policy. And each is measured based on 0-4 scales. How should I run my data?
Export = β + β1adoption rate + β2GM policy +e

Solutions

Expert Solution

In this regard, if you can provide us the data, it will be much easier for us to explain you the process...

Here, total export can be considered as a dependent variable, and the rest of the variables as an independent one...

From all the three countries, the total export can be easily obtained from any reference... Absorption rate can be gathered in the form of percentage and the GM policy can be rated on a scale of 0-4...

Later on a Multiple Regression analysis can be done in order to get an idea in the linear relationship among the mentioned variables...

You can run the data easily on Excel... Go to Data -> Data Analysis -> Regression... Select Y as the Export (Dependent Variable) and rest of the data as the independent X... & then run the analysis...

The equation will be something like:

Export = β + β1*Adoption Rate + β2*GM Policy

Where,

β = Intercept (Fixed Term)

β1 = Coefficient for Adoption Rate

β2 = Coefficient for GM Policy

Later on the respective values for Adoption Rate and GM Policy can be substituted in order to get the expected value of the Corn Export...

End of the Solution...


Related Solutions

If you want an overall type I error rate of 0.05 for your study, why is...
If you want an overall type I error rate of 0.05 for your study, why is testing at the 0.05 level not appropriate for interim analysis of efficacy? What can you do to conduct appropriate interim analysis of efficacy?
Suppose I want to estimate the effect of exercising on GPA. I collect a random sample...
Suppose I want to estimate the effect of exercising on GPA. I collect a random sample of data. For each individual, I collected the current GPA (variable GPA measured 0-4) and an average number of hours spent exercising during a week (variable excer in hours). a) Write down the population model.(2pts) b) Suppose the sample covariance between GPA and exercising is 100 and suppose that the variance of the variable excer is 200. Also, it was calculated that the average...
what is the effect of exchange rate policy in an neo-classical model?
what is the effect of exchange rate policy in an neo-classical model?
“Lags” in monetary policy ( I want the answer computer typing NOT handwriting)
“Lags” in monetary policy ( I want the answer computer typing NOT handwriting)
5) If I want you to study very diligently for the quiz, I may use the...
5) If I want you to study very diligently for the quiz, I may use the reinforcement of a grade of A for optimum performance. True / False 6) Skinner addressed the issue of how the environment impacted behavior by acknowledging that it held the contingency upon which a behavior would be reinforced or extinguished. True / Fales 7) Albert Bandura introduced the concept of observational learning into the behavioral model of learning. This model suggested that behavior could be...
“Mechanics” of monetary policy and the economy ( I want the answer computer typing NOT handwriting)
“Mechanics” of monetary policy and the economy ( I want the answer computer typing NOT handwriting)
I want a case study with question and answer of this topic : time value of...
I want a case study with question and answer of this topic : time value of money that include present value and future value also annuity and compound.
You are asked to analyze the effect of the Bank of Canada's new interest rate policy...
You are asked to analyze the effect of the Bank of Canada's new interest rate policy on housing prices. Using a comparative static experiment, describe the steps you need to follow to produce a sound theoretical macroeconomic analysis.
A physiological experiment was conducted to study the effect of various factors on pulse rate. For...
A physiological experiment was conducted to study the effect of various factors on pulse rate. For one factor, there were 92 subjects, the mean pulse rate of which was 72.87, and the sample standard deviation was 11.01. Consider the following hypotheses: i. H0: m=75 vs. Ha: m> 75, ii. H0: m=75 vs. Ha: m does not =75 where m is the population mean. a). Compute the p-value for each test . b) State the conclusion based on the 5% level...
For this week's discussion I want you to find a study that uses linear regression and...
For this week's discussion I want you to find a study that uses linear regression and a line of best fit. What is the Correlation Coefficient? What conclusions can you make about the data? Is there a correlation and how strong is it? Post your study and your findings and then read your classmates studies and findings; respond whether you agree or disagree with their findings.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT