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In: Math

question 23 Given a data with y as a response variable and x1,x2, and x3 as...

question 23

Given a data with y as a response variable and x1,x2, and x3 as explanatory variable, a regression equation relates y to x1 and another relates y to x1,x2, and x3. Calculate the first degree of freedom df1 for testing

H0:β2=β3=0,HA:β2≠0orβ3≠0.

A. 1

B. 2

C. 3

D. 4

question 25

The following table shows the output of a regression model to explain SAT math scores.

Coefficient Standard Error T Stat p-value
Intercept 650.11 117.42 5.54 0.000
x -20.96 35.53 -0.59 0.563
Gender -47.85 22.55 -2.12 0.091

Can we conclude that there is a statistically significant gender difference in math scores at the 5% level ?

A. Yes

B. No

question 26

The following regression output is obtained from estimating

y=β0+β1x+β2d+β3xd+ϵ

where d is a dummy variable.

Coefficient Standard Error t Stat P-value Lower 95% Upper 95%
Intercept ? ? ? ? ? ?
x ? ? ? ? 1.91 15.51
d ? ? ? 0.04 ? ?
xd ? ? ? ? 1.74 2.89

Is there a significant interaction effect between x and d at 5% significance level?

A. Yes

B. No

question 27

Consider the following estimated regression equation

Salary=55.8+3.6∗(Age)−0.7∗(Gender)

where Gender is a dummy variable that takes 0 for a male and 1 for a female.

Compute the predicted salary for a 43 year old woman.

Solutions

Expert Solution

question 23

Given a data with y as a response variable and x1,x2, and x3 as explanatory variable, a regression equation relates y to x1 and another relates y to x1,x2, and x3. Calculate the first degree of freedom df1 for testing

H0:β2=β3=0,HA:β2≠0orβ3≠0.

B. 2

( we are testing 2 regression coefficients,df1=2)

question 25

The following table shows the output of a regression model to explain SAT math scores.

Coefficient

Standard Error

T Stat

p-value

Intercept

650.11

117.42

5.54

0.000

x

-20.96

35.53

-0.59

0.563

Gender

-47.85

22.55

-2.12

0.091

Can we conclude that there is a statistically significant gender difference in math scores at the 5% level ?

B. No

( calculated t= -2.12, P=0.091 which is > 0.05 level. Ho is not rejected)

question 26

The following regression output is obtained from estimating

y=β0+β1x+β2d+β3xd+ϵ

where d is a dummy variable.

Coefficient

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

?

?

?

?

?

?

x

?

?

?

?

1.91

15.51

d

?

?

?

0.04

?

?

xd

?

?

?

?

1.74

2.89

Is there a significant interaction effect between x and d at 5% significance level?

A. Yes

( 95% CI =(1.91, 15.51) does not contains 0 value, it is significant)

question 27

Consider the following estimated regression equation

Salary=55.8+3.6∗(Age)−0.7∗(Gender)

where Gender is a dummy variable that takes 0 for a male and 1 for a female.

Compute the predicted salary for a 43 year old woman.

Predicted Salary =55.8+3.6∗(43)−0.7∗(1)

=209.9


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