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- A. Identify the regression analyses necessary for testing this initial model. B. What are the direct and indirect effects of z2 on z5?For the regression model Yi = b0 + eI, derive the least squares estimator.A fitted linear regression model is (y=10+2x ). If x = 0 and the corresponding observed value of y = 9, the residual at this observation is:
- If the general linear regression model is given by the equation: y = a + b?; considering the informationobtained in Figure 2 above, compute the value of a.Suppose that researchers are interested in determining the bi-annual salary of statisticians of different levels using their years of experience and their education level (M = bachelors, P = doctorate). They fit the following model to a dataset that includes these variables and, after performing the proper steps of multiple linear regression, the following multiple linear regression model is obtained: yˆ = 42308 + 323x1 + 213x2 + 301(x1*x2) where the variables are as follows: yˆ = predicted bi−annual salary in dollars, x1 = number of years of experiencex2= {1 if the education level is a doctorate 0 if the education level is a bachelors What is the predicted bi-annual salary in dollars of an employee with 5 years of experience and a bachelor’s degree?Suppose that researchers are interested in determining the bi-annual salary of statisticians of different levels using their years of experience and their education level (M = bachelors, P = doctorate). They fit the following model to a dataset that includes these variables and, after performing the proper steps of multiple linear regression, the following multiple linear regression model is obtained: yˆ = 42308 + 323x1 + 213x2 + 301(x1*x2) where the variables are as follows: yˆ = predicted bi−annual salary in dollars, x1 = number of years of experiencex2= {1 if the education level is a doctorate 0 if the education level is a bachelors What is the predicted bi-annual starting salary of an employee with a doctorate degree? (Someone with no work experience). $ What is the predicted bi-annual starting salary of an employee with a bachelor’s degree? (Someone with no work experience). $
- Which of the multivariate regression parameters listed below would be best interpreted as: the predicted value on the dependent variable when all of the independent variables in the model are equal to zero. a b1 X1 R2What is the effect of this violation on the regression model? "The number of observations n is less than or equal to the number of parameters to be estimated"Given a generic data set (x,y) with a linear regression. How do you determine if the y(dependent) will be less/greater than a certain value at a decided value of x?
- Draw the scatter plot and compute the predicted equation of the line using the least square Regression line method.Show all the steps, do not just write the answer. X 0 1 3 4 7 Y 7 5 4 3 2It is required to use the data given in the table to estimate the parameters of the simple linear regression equation by any of the estimation methods:Consider a simple linear regression model with predictor variable x and response variable y, where the regression line is represented by the equation y = β0 + β1x. If β0 = -5 and β1 = 3, what is the predicted value of y for a given x = 4?