Adding a variable with a non-zero coefficient to a multiple OLS regression will always increase the R-squared and increase the sum of squared residuals. True O False
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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?The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t= Years since 2006 0 1 2 3 4 5 6 7 8 9 10 K= Price 56 51 50 55 58 52 45 43 44 48 51 Make a quartic model of these data. Round the regression parameters to two decimal places.Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to 2012. a. Let x represent time in years starting with x=0 for the year 1997. Let y represent the number of seals in thousands. Use logistic regression to fit a model to these data. b. Use the model to predict the seal population for the year 2020. c. To the nearest whole number, what is the limiting value of this model?
- Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25. What is the predicted value of MARRIAGE? 0.35, which makes sense even though MARRIED? can only be a zero or one 0, because the calculated value is 0.35 so we round down. 0.55, which makes sense even though MARRIED? can only be a zero or one. Calculating a predicted value should not be done here because the dependent variable is a dummy variable. 1, because the calculated value is 0.55 so we round up.Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25. What is the predicted value of MARRIAGE? a 0, because the calculated value is 0.35 so we round down. b 0.55, which makes sense even though MARRIED? can only be a zero or one. c 0.35, which makes sense even though MARRIED? can only be a zero or one d Calculating a predicted value should not be done here because the dependent variable is a dummy variable. e 1, because the calculated value is 0.55 so we round up.Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25. Complete this sentence: For every additional year of education someone has:... a ...their chance of getting married by 40 increases by 0.03 percentage points. b ...their chance of getting married by 40 increases by 3 percentage points. c ...their chance of getting married by 40 increases by 0.03. d ...their chance of getting married by 40 increases by 3%. e This regression means nothing because the dependent variable is a dummy variable.
- Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25.Question 16Serial correlation in the residuals of a time series regression can occur if you fail toinclude a relevant lag of the dependent variable as an explanatory variable in the regression. O TrueO FalseWhich of following is true or the most appropriate about a scatterplot with regression line or ordinary least square (OLS) regression? Question 18 options: No matter how you decide to draw your straight line, in general, all will will fall directly on the line. Any data point that does not fall directly on the line will have a certain amount of distance between the point and the line. If you were to calculate the distance between the data point and the line you have drawn, and then sum the distance, you would have a regression coefficient for the data points OLS is based on an idea that we have seen before: the sum of deviation.
- Which of following is true or the most appropriate about a scatterplot with regression line or ordinary least square (OLS) regression? Question 18 options: No matter how you decide to draw your straight line, in general, all will will fall directly on the line. Any data point that does not fall directly on the line will have a certain amount of distance between the point and the line. If you were to calculate the distance between the data point and the line you have drawn, and then sum the distance, you would have a regression coefficient for the data points OLS is based on an idea that we have seen before: the sum of deviation. Previous PageNext PagePls answer subparts: Questions 4,5,6, 7 A multiple regression analysis between yearly income(y in $1,000s), college grade point average(X1) , age of the individuals (X2), and the gender of the individual (X3); zero representing female and one representing male) was performed on a sample of 10 people, and the following results were obtained. Coefficient Standard Error Constant 4.0928 1.4400 X1 10.0230 1.6512 X2 0.1020 0.1225 X3 -4.4811 1.4400 Analysis of Variance Source of Degrees of Sum of Mean Variance Freedom Squares Square F Regression 360.59 Error 23.91 Write the regression equation for the above. Interpret the meaning of the…a. Find the variance for regression b. What is the value if the residual is x=7