A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+B0IL+YEXP+8FDI Where FR = yearly foreign reserves ($000's), OIL = annual oil prices, EXP = yearly total exports ($000's) and FDI = annual foreign direct investment ($000`s). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 EXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 s = 2.45 R-sq = 96.3% R-sq (adj) = 95.3% Analysis of Variance Source DF ss MS F Regression 3 1991.31 663.77 ?? 12 41.רר 6.45 Error Total 15 c) Fill in the missing values **** '?'and ??"

A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+B0IL+YEXP+8FDI Where FR = yearly foreign reserves ($000's), OIL = annual oil prices, EXP = yearly total exports ($000's) and FDI = annual foreign direct investment ($000`s). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 EXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 s = 2.45 R-sq = 96.3% R-sq (adj) = 95.3% Analysis of Variance Source DF ss MS F Regression 3 1991.31 663.77 ?? 12 41.רר 6.45 Error Total 15 c) Fill in the missing values **** '?'and ??"

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 31EQ

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A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to 2016: ??=?+????+????+????Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports ($000’s) and FDI = annual foreign direct investment ($000’s). The sample of data was processed using MINITAB and the following is an extract of the output obtained:Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491OIL 85.39 18.46 4.626 0.0006EXP -377.08 112.19 * 0.0057FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq = 96.3% R-sq(adj) = 95.3%Analysis of VarianceSource DF SS MS F pRegression 3 1991.31 663.77 ? ??Error 12 77.4 6.45Total 15a) What is dependent and independent variables? b) Fully write out the regression equation [1] c) Fill in the missing values ‘*’, ‘**’, ‘?’and ‘??’
A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to 2016: ??=?+????+????+????Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports ($000’s) and FDI = annual foreign direct investment ($000’s). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491OIL 85.39 18.46 4.626 0.0006EXP -377.08 112.19 * 0.0057FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq = 96.3% R-sq(adj) = 95.3% Analysis of VarianceSource DF SS MS F pRegression 3 1991.31…
A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to 2016: ??=?+????+????+????Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports ($000’s) and FDI = annual foreign direct investment ($000’s). The sample of data was processed using MINITAB and the following is an extract of the output obtained:Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491OIL 85.39 18.46 4.626 0.0006EXP -377.08 112.19 * 0.0057FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq = 96.3% R-sq(adj) = 95.3%Analysis of VarianceSource DF SS MS F pRegression 3 1991.31 663.77 ? ??Error 12 77.4 6.45Total 15 Perform the F Test making sure to state the null and alternative hypothesis. f) Given an interpretation of the term “R-sq” and comment on its value.
A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to 2016: ??=?+????+????+????Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports ($000’s) and FDI = annual foreign direct investment ($000’s). The sample of data was processed using MINITAB and the following is an extract of the output obtained:Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491OIL 85.39 18.46 4.626 0.0006EXP -377.08 112.19 * 0.0057FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq = 96.3% R-sq(adj) = 95.3%Analysis of VarianceSource DF SS MS F pRegression 3 1991.31 663.77 ? ??Error 12 77.4 6.45Total 15a) What is dependent and independent variables? [2]b) Fully write out the regression equation [1] c) Fill in the missing values ‘*’, ‘**’, ‘?’and ‘??’ [4] d) Hence test whether ? is significant. Give reasons for your answer. [4]…
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