Homework Help is Here – Start Your Trial Now!
Math
Statistics
State your regression model. b. Interpret the result in the table using alpha level of significance at 5%. c. What percentage of variation of the dependent variable is explained by the model? d. Is the overall model significant? Why do you say so?

State your regression model. b. Interpret the result in the table using alpha level of significance at 5%. c. What percentage of variation of the dependent variable is explained by the model? d. Is the overall model significant? Why do you say so?

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 7E
See similar textbooks
icon
Related questions
Question

image attached.

a. State your regression model.
b. Interpret the result in the table using alpha level of significance at 5%.
c. What percentage of variation of the dependent variable is explained by the model?
d. Is the overall model significant? Why do you say so? 

II. ANALYSIS. Able to provide solution for the following problems. Problem 1. The National Economic Development Authority wanted to investigate if export, government debt, and foreign direct investment affect Philippines' economic growth. Characterize and define your dependent variable Y and independent variables X, X; and X. Y = 1. X= X3= X3= 2. Refer to the table below, Std. Err. P>| Coef te No. of obs = 25 0.89 0.53 1.8 0.253 R²- 0.9352 -2.42 0.34 -0.88 0.051 Adjusted R - 0.9296 1.14 0.19 1.61 0.042 Prob > F- 0.0000 cons 3145.06 1710 2.69 0.000 Root MSE = 3.8e+05
Transcribed Image Text:II. ANALYSIS. Able to provide solution for the following problems. Problem 1. The National Economic Development Authority wanted to investigate if export, government debt, and foreign direct investment affect Philippines' economic growth. Characterize and define your dependent variable Y and independent variables X, X; and X. Y = 1. X= X3= X3= 2. Refer to the table below, Std. Err. P>| Coef te No. of obs = 25 0.89 0.53 1.8 0.253 R²- 0.9352 -2.42 0.34 -0.88 0.051 Adjusted R - 0.9296 1.14 0.19 1.61 0.042 Prob > F- 0.0000 cons 3145.06 1710 2.69 0.000 Root MSE = 3.8e+05
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS