Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

add new variable Circumference^2, add it to the model from e) and run it in Stata. (Circumference^2 indicates how this variable is calculated, but Stata

add new variable Circumference^2, add it to the model from e) and run it in Stata. (Circumference^2 indicates how this variable is calculated, but Stata does not accept this as a variable name, so choose a slightly different name, e.g. 'CircumferenceSqr'.) Then add another new variable Height*Circumference^2 to the model and run it. Copy only the Stata output from the largest model to Word. Compared to the model in e), we see that R-squared has improved. On the other hand, none of the slope coefficients is significant anymore.How is this possible? Explain!

So, how is it possible that when I add more variables to the model, R-squared improves but all the p-values of the slope coefficients become bigger (>5%) so that these are not significant anymore?

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

Social And Economic Networks

Authors: Matthew O Jackson

1st Edition

140083399X, 9781400833993

More Books

Students also viewed these Mathematics questions

Question

Explain how you would reduce stress at work.

Answered: 1 week ago