Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A linear regression model was fitted to estimate the response variable Roll using the predicting variable Unem. There are in total 29 observations. Here is

image text in transcribed
image text in transcribed
A linear regression model was fitted to estimate the response variable Roll using the predicting variable Unem. There are in total 29 observations. Here is the model summary, with some values missing: Coefficients: Estimate Std. Error t value Pr(>It|) (Intercept) 3957.0 4000.1 0. 989 0.3313 UNEM 1133.8 513.1 0.0358 * Signif. codes: 0 (*** 0.001 (**> 0.01 > 0.05 '.' 0.1 1 Residual standard error: 3049 on X degrees of freedom Multiple R-squared: 0.1531, Adjusted R-squared: 0.1218 F-statistic: 4.883 on 1 and 27 DF, p-value: 0.03579 Question 13 2 pts What are the degrees of freedom used to calculate the mean squared error (LaTex: MSE)? O 29 O 28 O 27 30 Question 14 2 pts What is the value of the mean squared error (LaTeX: MSE) for this model? O 9296401 O 3049 O 55.2177 O 112.9259 Question 15 2 pts What is the correlation coefficient between the response variable, Roll and the predictor, UNEM? O 0.3913 O 0.1531 O 0.02343 O -0.3913 Question 16 2 pts Using the model output above, what is the t-value of the coefficient for UNEM, labeled X? O 2.210 O 112.926 O 5.693 O 3.476 Question 17 2 pts For a significance level LaTeX: \\alpha=1\\%, what can you say about the statistical significance of the predictor UNEM? O The predictor is statistically significant. O The predictor is not statistically significant. O The result is inconclusive. Question 18 2 pts Based on the output, what can you say about this model? O A low portion of the variability of the response variable is explained by the predicting variable in this model. The model does a good job in explaining the variability of the response variable. O An increase of one point in UNEM causes, on average, a decrease of 1133.8 units in Roll. The predicting variable is not independent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Preface To Logic

Authors: Morris R Cohen

1st Edition

0486801853, 9780486801858

More Books

Students also viewed these Mathematics questions

Question

=+b) What are the upper and lower 3s control limits?

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago