Using the estimated model shown above, test whether the coefficient of log(gdp_per_capita) is statistically significant at the 5% level of significance.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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5

1 SUMMARY OUTPUT
2
3
4 Multiple R
5 R Square
Regression Statistics
6 Adjusted R Square
7 Standard Error
8 Observations
9
10 ANOVA
11
12
13 Residual
14 Total
15
Regression
B
16
17 Intercept
18 Log total cases
0.348959997
0.121773079
0.1048841
1.861450249
df
107
C
D
MS
F Significance F
55
49.96670931 24.98335465 7.210209541 0.00116829
360.3596913 3.464997031
2
104
106 410.3264006
H
Coefficients Standard Error
P-value
Lower 95%
Upper 95%
t Stat
Lower 95.0% Upper 95.0%
4.60156161 1.738099199 2.64746777 0.009371379 1.154845674 8.048277546 1.154845674 8.048277546
0.534533679 0.153179805 3.48958323 0.000710817 0.230772377 0.838294981 0.230772377 0.838294981
19 Log gdp per capita -0.172741802 0.218857859 -0.789287636 0.431739651 -0.606745151 0.261261546 -0.606745151 0.261261546
Using the estimated model shown above,
test whether the coefficient of
log(gdp_per_capita) is statistically
significant at the 5% level of significance.
Transcribed Image Text:1 SUMMARY OUTPUT 2 3 4 Multiple R 5 R Square Regression Statistics 6 Adjusted R Square 7 Standard Error 8 Observations 9 10 ANOVA 11 12 13 Residual 14 Total 15 Regression B 16 17 Intercept 18 Log total cases 0.348959997 0.121773079 0.1048841 1.861450249 df 107 C D MS F Significance F 55 49.96670931 24.98335465 7.210209541 0.00116829 360.3596913 3.464997031 2 104 106 410.3264006 H Coefficients Standard Error P-value Lower 95% Upper 95% t Stat Lower 95.0% Upper 95.0% 4.60156161 1.738099199 2.64746777 0.009371379 1.154845674 8.048277546 1.154845674 8.048277546 0.534533679 0.153179805 3.48958323 0.000710817 0.230772377 0.838294981 0.230772377 0.838294981 19 Log gdp per capita -0.172741802 0.218857859 -0.789287636 0.431739651 -0.606745151 0.261261546 -0.606745151 0.261261546 Using the estimated model shown above, test whether the coefficient of log(gdp_per_capita) is statistically significant at the 5% level of significance.
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