I. Regression model and regression analyzing 1. Population regression function and Sample regression function Population regression function (PRF) show the relationship between dependent variable fare (average fare on one way) with other independtion variable year, dist, passen, bmktshr, y98 by this function: Fare = β0 + β1 * year + β2 * dist + β3 * passen + β4 * bmktshr + β5 * y98 + ui Sample regression function (SRF): Fare= β0 + β1 * year + β2 * dist + β3 * passen + β4 * bmktshr + β5 * y98 2. Correlational table and correlational relationship Use corr to show the correlational relationship of these variable, we have a correlational table corr fare year dist passen bmktshr y98 (obs=4596) …show more content…
All correlation coefficient are smaller than 0.8 so we predict there is no multicollinearity phenomenon. 1. Running correlational model In Stata, use command reg to show relationship between dependent and independent variable, and we have the result. . reg fare year dist passen bmktshr y98 Source | SS df MS Number of obs = 4596 -------------+------------------------------ F( 5, 4590) = 676.00 Model | 10926765.4 5 2185353.07 Prob > F = 0.0000 Residual | 14838506.8 4590 3232.79016 R-squared = 0.4241 -------------+------------------------------ Adj R-squared = 0.4235 Total | 25765272.2 4595 5607.24096 Root MSE = 56.858 ------------------------------------------------------------------------------ fare | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- year | 4.762518 .7770101 6.13 0.000 3.239204 6.285831 dist | .087655 .0016377 53.52 0.000 .0844443 .0908656 passen | -.0051495 .0010521 -4.89 0.000 -.0072123 -.0030868 bmktshr | 70.5815 5.102628 13.83 0.000 60.5779 80.58511 y98 | -2.500744 2.005858 -1.25 0.213 -6.43319 1.431703 _cons | -9465.009 1553.042 -6.09
1. For your first relationship, identify the independent and dependent variables and describe the attributes of each. Remember to select social science variables.
Jack (45,000 – 500 – 2000 * 25%, yr1/ 134,500 – 1,000 – 2,500 * 25%, yr2)
scores; (b) describe in words the general pattern of correlation, if any; (c) figure the correlation coefficient; (d) figure whether the correlation is statistically significant (use the .05 significance level, two-tailed); (e) explain the logic of what you have done, writing as if you are speaking to someone who has never heard of correlation (but who does understand the mean, deviation scores, and hypothesis
In the year 2016 I inputted an amount of $6400.00 from January through August. From September through December an amount of $2400.00. For a total of $8800.00
Analyze results - Graph the data from Table 4 and describe what your graph looks like (you do not have to submit a picture of the actual graph!).
Answer: A positive correlation means that increases in the value of one variable are associated
When calculating the correlation between two variables, the objective is to see how one variable is influenced by another variable. The bivariate
Project two in ECON-E 281 - APPLIED STAT FOR BUS & ECON II consisted of the students evaluating three independent variables such as Pickup Time, Delivery Time, and Mileage. The dependent variable was Cost. Only one independent variable could be selected when applying “ONLY” the p-value approach. The first step, I selected the Data then the Data Analysis tool. Next select Regression. The Input Y Range I selected the Cost data. The Input X range I selected the first independent variable Pickup time. Then check marked the boxes Labels, Confidence Level 95%, New Worksheet Ply, Residuals, and Residuals Plots. After checking the boxes I pressed OK. This gave me my first regression model. I used this process for the next two independent variables
Passage Date: AR2001 = 5 GW2000 + 6 NI2000 + 7 REV2000 + 8 NA2000 + 2
10.88*Q1 = OPC But: OPC = Fixed(day) + Variable(day) = 1172 + 0.2*P1*Q1 + 0.2*P2*Q2 + 1.25*Q3 + 0.4*P4*Q4 = 1172 + (0.6+0.8+1.25+1.32)*Q1 = 1172 + 3.97*Q1 So: OPC = 1172 + 3.97*Q1 Substituting in the previous equation: 10.88*Q1 = 1172 +
| Target # of Passengers = Fixed Cost + Target Profit/ Unit Contribution Margin = 3,600,000 + 1,071,428 / (Selling Price – Variable Cost Per unit) = 4,671,429 / (205 – 85) = 4,671,429 / 120 = 38,928.57
a.) The correlation coefficient for this data set is 0.4669 or 46.69% which shows that this weak but positive correlation indicates that as the years from 1960 increase, the average number of home runs increase at a constant rate.
Equation \ref{wageeachedu} for each education group and equation \ref{wageeachage} for each age group, which are as follows:
p = a + b1 (tra) + b2 (infr) + b3 (edu) + b4 (health) + b5 (gdpcap) + e(1)