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b. We get the following results when we regresb. We get the following results when we regress life expectancy on GDP per capita. Sketch life
b. We get the following results when we regresb. We get the following results when we regress life expectancy on GDP per capita. Sketch life expectancy as a function of GDP per capita. Be sure to include every coefficient in your sketch. The sketch does not have to be to scale, but you need to have correct signs of slopes/intercepts and you need to indicate what each coefficient indicates on the line. ------------------------------------------------------------------------------ lifeexpect~y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- GDPPC | .0504931 .0172679 2.92 0.007 .0152275 .0857588 _cons | 78.40963 .8015952 97.82 0.000 76.77256 80.04671 e. Suppose that someone notes that obesity rates are not included in the model. What two conditions need to be true for this to be a problem? Discuss whether they will be true in this model.s life eb. We get the following results when we regress life expectancy on GDP per capita. Sketch life expectancy as a function of GDP per capita. Be sure to include every coefficient in your sketch. The sketch does not have to be to scale, but you need to have correct signs of slopes/intercepts and you need to indicate what each coefficient indicates on the
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