Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cars data frame (showing only the first five observations) Unnamed: 0 mpg cyl disp hp drat wt gsec vs am gear carb 19 Toyota Corolla

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Cars data frame (showing only the first five observations) Unnamed: 0 mpg cyl disp hp drat wt gsec vs am gear carb 19 Toyota Corolla 33.9 4 71.1 65 4.22 1.835 19.90 4 10 Merc 280C 17.8 6 167.6 123 3.92 3.440 18.90 1 0 4 4 16 Chrysler Imperial 14.7 8 440.0 230 3.23 5.345 17.42 0 0 3 4 18 Honda Civic 30.4 4 75.7 52 4.93 1.615 18.52 1 4 2 17 Fiat 128 32.4 4 78.7 66 4.08 2.200 19.47 4MPG against Weight 35 30 25 MPG 20 15 10 15 20 2.5 3.0 3.5 4.0 4.5 5.0 5.5 Weight (1000s lbs)mpg wt mpg 1.000000 -0.867335 wt -0.867335 1.600000OLS Regression Results Dep. Variable: mpg R-squared : 0.752 Model : OLS Adj. R-squared: 0.743 Method : Least Squares F-statistic: 85.03 Date : Wed, 23 Nov 2022 Prob (F-statistic) : 5. 59e-10 Time : 15:31:33 Log- Likelihood: -75 . 888 No. Observations: 30 AIC : 155.8 Of Residuals: 28 BIC : 158.6 Df Model : 1 Covariance Type: nonrobust coef std err t P> t [0. 025 0.975] Intercept 37.2427 1.942 19.182 0.060 33.266 41.220 wt -5. 3442 0. 580 -9. 221 0.060 -6.531 -4.157 Omnibus : 2.956 Durbin-Watson: 1.948 Prob (Omnibus ) : 0. 228 Jarque-Bera (JB) : 2.457 Skew: 0. 691 Prob (JB) : 0.293 Kurtosis: 2.766 Cond. No. 12.3 Warnings : [1] Standard Errors assume that the covariance matrix of the errors is correctly specified

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

Technology Ventures From Idea To Enterprise

Authors: Thomas Byers

5th Edition

1260048497, 9781260048490

More Books

Students also viewed these Mathematics questions

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago