A researcher wants to determine the causal relationship among number of family members who are at least high school graduate (W), number of working family members (X), monthly gross income (Y), monthly expenditure (Z), and average monthly bank deposits (A). A random sample of 20 families was selected and the data on the variables were collected: Consider the following path diagramConsider the R outputs from the conducted path analysis.c. Identify the factors affecting the endogenous variables. Leave blank if variable is exogenous.W: X: Y: Z: A: d. Illustrate the output path diagram including the estimated path coefficients. Dependent variable: YCoefficients:(Intercept)WEstimate Std. Error t value Pr(>ltl)0.9632152.0 9.465 2.07e-08 ***7088.7 0.047335.720368.8Signif. codes: 0 ***** 0.001 *** 0.01 *** 0.05 '.' 0.1' 1Residual standard error: 17450 on 18 degrees of freedomMultiple R-squared: 0.8327,F-statistic: 89. 58 on 1 and 18 DF, p-value: 2.068e-08Adjusted R-squared: 0.8234> Im.beta(fit.Y)W0.9125181Dependent variable: ZCoefficients:Estimate Std. Error t value Pr(>|t|)|(Intercept) 6.757e+03 3.605e+03 1.874 0.0782 .-1.719e+03 1.328e+03 -1.294 0.21298.035e-01 4.934e-02 16.285 8.34e-12 ***YSignif. codes: 0 ***** 0.001 *** 0.01 **' 0.05 '.' 0.1'1Residual standard error: 5627 on 17 degrees of freedomMultiple R-squared: 0.972, Adjusted R-squared: 0.9687F-statistic: 294.9 on 2 and 17 DF, p-value: 6.357e-14> Im.beta(fit.Z)Y|-0.08338779 1.04924122Dependent variable: ACoefficients:Estimate Std. Error t value Pr(>|t|)(Intercept) -1833.0488 1878.3151 -0.976 0.34459-1575.6756 1095.0959 -1.439 0.17073703.7910 -0.396 0.697533.032 0.00841 **0.1395 -1.699 0.10999-278.84820.4128-0.2370Y0.1361signif. codes: 0 *** 0.001 **** 0.01 ** 0.05 '.' 0.1 '1Residual standard error: 2656 on 15 degrees of freedomMultiple R-squared: 0.8928,F-statistic: 31.24 on 4 and 15 DF, p-value: 4.088e-07Adjusted R-squared: 0.8643> Im.beta(fit.A)Y-0.40652867 -0.05965043 2.37732884 -1.04538544 EYYWAZEAEz

Endogenous variables are nothing but the dependent/response variables and it is determined or…

A researcher wants to determine the causal relationship among number of family members who are at least high school graduate (W), number of working family members (X), monthly gross income (Y), monthly expenditure (Z), and average monthly bank deposits (A). A random sample of 20 families was selected and the data on the variables were collected: Consider the following path diagram Consider the R outputs from the conducted path analysis. c. Identify the factors affecting the endogenous variables. Leave blank if variable is exogenous. W: X: Y: Z: A: d. Illustrate the output path diagram including the estimated path coefficients

A researcher wants to determine the causal relationship among number of family members who are at least high school graduate (W), number of working family members (X), monthly gross income (Y), monthly expenditure (Z), and average monthly bank deposits (A). A random sample of 20 families was selected and the data on the variables were collected: Consider the following path diagram Consider the R outputs from the conducted path analysis. c. Identify the factors affecting the endogenous variables. Leave blank if variable is exogenous. W: X: Y: Z: A: d. Illustrate the output path diagram including the estimated path coefficients

Trigonometry (MindTap Course List)

10th Edition

ISBN:9781337278461

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

Section: Chapter Questions

Problem 8PS

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