Question
In: Economics
A researcher gathers data on class size (CLASS) and average test scores (TEST) from 100 fourth...
A researcher gathers data on class size (CLASS) and average test scores (TEST) from 100 fourth grade classrooms with class sizes ranging from 16 to 38 students. The researcher estimates the following simple regression model:
TEST = 510 - 5.3CLASS
(20.5) (2.2)
where the number in parenthesis are the standard errors of the estimated coefficients. The R^2 of the regression is given as R^2 = 0.08 and the standard error of the regression is 12.0.
Suppose the variable TEST were re-standardized by dividing by 100 (ie the new variable TEST2 = TEST/100 was used to repeat the regression). Please give results of the new regression using TEST2. Be sure to report the estimated coefficients, standard errors, R^2 and the standard error of the new regression.
Solutions
Rahul Sunny answered 6 months agoRelated Solutions
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11.4
(20.1960) (2.3426)
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