Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Coefficient P-value judic_indep -0.680 0 GDP per cap -0.0515 0 Intercept 8.795 0 Here are the results of a multivariate regression using the Quality of

Coefficient P-value judic_indep -0.680 0 GDP per cap -0.0515 0 Intercept 8.795 0 Here are the results of a multivariate regression using the Quality of Government data set. The dependent variable is human rights (ffp_hr). It is an index variable combining multiple measures of different aspects of human rights. The scale runs from 1 to 10. 1= excellent human rights, 10= very poor human rights. Canada is at 2.1, Russia is at 8.7. Note: think carefully about what coefficients mean when the DV is coded with higher values meaning worse human rights. The independent variables are: Judicial independence. A seven point scale (1 to 7) where 7 = entirely independent and 1=heavily influenced. GDP Per capita. It is in $1000's of 2005 USD. Canada is at 32, which means $32,000 per capita. What is the expected change in 'human rights' if judicial independence increases from a score of 2 to 3. Do human rights get better or worse, by how much? (* we are assuming more human rights is a desirable thing hence 'better/worse').? Group of answer choices Rights worse by -.7 Rights better by .7 Rights better by 1.4 Rights worse by 1.4

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

Managerial Economics And Strategy

Authors: Jeffrey M. Perloff, James A. Brander

3rd Edition

0134899709, 978-0134899701

More Books

Students also viewed these Economics questions

Question

2. What do the others in the network want to achieve?

Answered: 1 week ago

Question

1. What do I want to achieve?

Answered: 1 week ago