2. Consider the regression model given by: B1B2X2i+B3X3i +B4X4i+ B5X5i + Ui Y (a) Suppose that a researcher believes neither X2 nor X4 are needed to explain Y and wants to formally test this conjecture. Show how to conduct the test in each of the following steps: Describe the null and alternative hypotheses. What regressions do you need to run? What test statistic do you need to calculate? (i) (ii) (iii) 1 (iv) (v) (vi) What is the distribution of the test statistic under the null hypothesis? What is the critical value of the test statistic? What is the decision rule you would follow? (b) Suppose that the researcher tested the relevance of X2 and X4, separately, and found neither coefficients are significant. What is the implication of this result on the test result of (a)?

2. Consider the regression model given by: B1B2X2i+B3X3i +B4X4i+ B5X5i + Ui Y (a) Suppose that a researcher believes neither X2 nor X4 are needed to explain Y and wants to formally test this conjecture. Show how to conduct the test in each of the following steps: Describe the null and alternative hypotheses. What regressions do you need to run? What test statistic do you need to calculate? (i) (ii) (iii) 1 (iv) (v) (vi) What is the distribution of the test statistic under the null hypothesis? What is the critical value of the test statistic? What is the decision rule you would follow? (b) Suppose that the researcher tested the relevance of X2 and X4, separately, and found neither coefficients are significant. What is the implication of this result on the test result of (a)?

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section: Chapter Questions

Problem 10T: Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s...

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Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?
We wish to predict the salary for baseball players (yy) using the variables RBI (x1x1) and HR (x2x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. RBI's HR's Salary (in millions) 108 38 28.050 86 31 27.500 59 25 25.000 119 31 25.000 103 39 24.050 44 15 23.125 49 11 23.000 111 30 22.750 87 31 22.125 90 18 21.857 49 7 21.667 70 21 21.571 108 35 21.500 56 9 21.143 84 38 21.119 80 14 20.802 17 7 20.000 79 24 20.000 91 31 20.000 97 29 20.000 57 13 18.500 44 8 18.000 104 32 18.000 86 27 18.000 100 25 17.454 62 20 17.000 58 20 17.000 100 29 16.083 127 38 16.000 83 29 16.000 59 30 16.000 54…
We wish to predict the salary for baseball players (yy) using the variables RBI (x1x1) and HR (x2x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. The following is a chart of baseball players' salaries and statistics from 2016. Player Name RBI's HR's Salary (in millions) Miquel Cabrera 108 38 28.050 Yoenis Cespedes 86 31 27.500 Ryan Howard 59 25 25.000 Albert Pujols 119 31 25.000 Robinson Cano 103 39 24.050 Mark Teixeira 44 15 23.125 Joe Mauer 49 11 23.000 Hanley Ramirez 111 30 22.750 Justin Upton 87 31 22.125 Adrian Gonzalez 90 18 21.857 Jason Heyward 49 7 21.667 Jayson Werth 70 21 21.571 Matt Kemp 108 35 21.500…
Suppose we want to predict job performance of mechanics based on mechanical aptitude test scores and test scores from personality test that measures conscientiousness. (a) Determine the regression equation. (b) Determine the SSE. Y X1 X2 1 40 25 2 45 20 1 38 30 3 50 30 2 48 28 3 55 30 3 53 34 4 55 36 4 58 32 3 40 34 5 55 38 3 48 28 3 45 30 2 55 36 4 60 34 5 60 38 5 60 42 5 65 38 4 50 34 3 58 38 Where Y is the Performance of the mechanics, X1 is the mechanical aptitude test and X2 is the personality test score that measure conscientiousness.
.The worker has noticed that the more time he spends at work (x), the less money he is likely to make (y) in conducting transactions for his firm. Which of the regression equations MOST suggests such a possibility?
A)What would the consequence be for a regression model if the errors were not homoscedastic? (B) How might you proceed if you found that (b) were actually the case?
8)Suppose that Y is normal and we have three explanatory unknowns which are also normal, and we have an independent random sample of 11 members of the population, where for each member, the value of Y as well as the values of the three explanatory unknowns were observed. The data is entered into a computer using linear regression software and the output summary tells us that R-square is 0.86, the linear model coefficient of the first explanatory unknown is 7 with standard error estimate 2.5, the coefficient for the second explanatory unknown is 11 with standard error 2, and the coefficient for the third explanatory unknown is 15 with standard error 4. The regression intercept is reported as 28. The sum of squares in regression (SSR) is reported as 86000 and the sum of squared errors (SSE) is 14000. From this information, what is MSE/MST? .5000 NONE OF THE OTHERS .2000 .3000 .4000
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states, where xx is thousands of automatic weapons and yy is murders per 100,000 residents. xx 11.5 8.5 6.7 3.5 2.9 2.7 2.7 0.9 yy 14.1 11 10 7.3 6.7 6.4 6.4 4.7 Use your calculator to determine the equation of the regression line and write it in the y=ax+by=ax+b form. Round to 2 decimal places. According to this model, how many murders per 100,000 residents can be expected in a state with 10.2 thousand automatic weapons? Round to 3 decimal places. According to this model, how many murders per 100,000 residents can be expected in a state with 5.8 thousand automatic weapons? Round to 3 decimal places.
We wish to predict the salary for baseball players (y) using the variables RBI (x1) and HR (x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. The following is a chart of baseball players' salaries and statistics from 2016. Player Name RBI's HR's Salary (in millions) Adrian Beltre 104 32 18.000 Justin Smoak 34 14 3.900 Jean Segura 64 20 2.600 Justin Upton 87 31 22.125 Brandon Crawford 84 12 6.000 Curtis Granderson 59 30 16.000 Aaron Hill 38 10 12.000 Miquel Cabrera 108 38 28.050 Adrian Gonzalez 90 18 21.857 Jacoby Ellsbury 56 9 21.143 Mark Teixeira 44 15 23.125 Albert Pujols 119 31 25.000 Matt Wieters 66 17 15.800 Logan…
17) Suppose that Y is normal and we have three explanatory unknowns which are also normal, and we have an independent random sample of 41 members of the population, where for each member, the value of Y as well as the values of the three explanatory unknowns were observed. The data is entered into a computer using linear regression software and the output summary tells us that R-square is 0.9, the linear model coefficient of the first explanatory unknown is 7 with standard error estimate 2.5, the coefficient for the second explanatory unknown is 11 with standard error 2, and the coefficient for the third explanatory unknown is 15 with standard error 4. The regression intercept is reported as 28. The sum of squares in regression (SSR) is reported as 90000 and the sum of squared errors (SSE) is 10000. From this information, what is the number of degrees of freedom for the t-distribution used to compute critical values for hypothesis tests and confidence intervals for the individual…
For the regression model Yi = b0 + eI, derive the least squares estimator.
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states. xx 11.7 8.4 6.6 3.9 2.4 2.4 2.2 0.6 yy 14 10.9 9.4 7.5 6 5.8 5.8 4.4 xx = thousands of automatic weaponsyy = murders per 100,000 residents Use excel to determine the equation of the regression line. (Round to 2 decimal places)Determine the regression equation in y = b0 + bx(x) form and write it below. A) How many murders per 100,000 residents can be expected in a state with 10.7 thousand automatic weapons? B) How many murders per 100,000 residents can be expected in a state with 2.1 thousand automatic weapons?