Need answer You want to determine the effect of earthquakes on the economy. You have a sample of 15cities in the same country that spans 25 years. Of these 15 cities, 7 have been struck by majorearthquakes during these 25 years. You run the following regression:GDP it= a_i + b_t + beta*Q_it + eitwhere i represents the cities, t denotes years and Q it is a dummy that equals 1 if city i is hit byan earthquake in year t. What type of variables are the city fixed effects controlling for? Whattype of variables are the time fixed effects controlling for? Explain whether you should dropfrom your sample the 8 cities that did not experience an earthquake?

From the given information, The regression equation is, GDP_it= a_i + b_t+ beta *Q_it + e_it Here i…

Answered: You want to determine the effect of…

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

See similar textbooks

Similar questions

If your graphing calculator is capable of computing a least-squares sinusoidal regression model, use it to find a second model for the data. Graph this new equation along with your first model. How do they compare?
Suppose we conduct a study on the time spent studying for an exam and exam scores. We survey students in introductory statistics and find the explanatory variable (time, in hours) ranges from 0 to 16 and exam scores (in points, out of 100 maximum) range from 5 to 100. The correlation between time spent studying and exam scores is 0.80. We fit a simple linear regression model to these data and get the following least squares line: score = 4 + 6*(time). You pick a random student from the course and observe that the number of hours she studied for the exam is 1 standard deviation above the mean time spent studying. How many standard deviations above or below the mean exam score would you expect her to score?
The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, if a male and female each spend the same amount of time at the ATM machine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive number and if a male withdraws less then your answer should be a negative number? (please express your answer using 1 decimal places)
HI, I'm doing a regression output with Hayes Model 1 Based on the information below the 95% CI [-.6020, 1.065] is statistically significant but the p = .114 is this a correct assumption? (b1) of -.268, t = -1.58, p = .114, 95% CI [-.6020, -.065].
b) Write the regression equation then test the hypothesis that Beta1 = 0 using a two- tail test and a 1% level of significance.Please use the below table to calculate
A group of scientists are interested in finding out whether the days of rainfall during the dry season could predict the magnitude of butterfly migration in the local area during wet season. Every year for twenty years, they count the total days of rainfall during the dry season preceding the migration and measure the number of butterflies migrating in the following wet season. Which type of statistical test should they use to analyze their data? (pearson's r correlation OR, simple regression equation)
Suppose the following data were collected from a sample of 5 car manufacturers relating monthly car sales to the number of dealerships and the quarter of the year. Use statistical software to find the following regression equation: SALESi= b0 + b1DEALERSHIPSi + b2 QUARTER1i+ b3QUARTER2i + b4QUARTER3i+ ei Is there enough evidence to support the claim that on average, car sales are higher in the 4th quarter than in the 2nd quarter at the 0.01 level of significance? If yes, write the regression equation in the spaces provided, rounded to two decimal places. Else, select "There is not enough evidence." Monthly Sales Number of Dealerships 1st Quarter (1 if Jan.-Mar., 0 otherwise) 2nd Quarter (1 if Apr.-Jun., 0 otherwise) 3rd Quarter (1 if Jul.-Sep., 0 otherwise) 4th Quarter (1 if Oct.-Dec., 0 otherwise) 85482 4 1 0 0 0 101319 9 1 0 0 0 121389 12 1 0 0 0 133677 18 1 0 0 0 194588 22 1 0 0 0 82128 4 0 1 0 0 150407 9 0 1 0 0 242714 12 0…
The least-squares regression equation is y=647.8x+17,858 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7507. predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. Round to the nearest dollar as needed.
Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015. In order to measure the impact of 2001 crisis the regression is estimated based on the whole and two subsamples and the following RSS are obtained. Time period: 1980-2000 , RSS1= 69 Time period: 2001-2015, RSS2 =35 Time period: 1980-2015 , RSS = 160 Carry out the Show test whether the regressions for the two periods are different at 5% significance level.

Recommended textbooks for you

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

College Algebra

Algebra

ISBN:

9781305115545

Author:

James Stewart, Lothar Redlin, Saleem Watson

Publisher:

Cengage Learning

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

College Algebra

Algebra

ISBN:

9781305115545

Author:

James Stewart, Lothar Redlin, Saleem Watson

Publisher:

Cengage Learning

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

Trigonometry (MindTap Course List)

Trigonometry

ISBN:

9781305652224

Author:

Charles P. McKeague, Mark D. Turner

Publisher:

Cengage Learning

Algebra and Trigonometry (MindTap Course List)

Algebra

ISBN:

9781305071742

Author:

James Stewart, Lothar Redlin, Saleem Watson

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS