Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Recall the 2000 presidential election data. Suppose that we consider a regression of pBuch, which stands for proportion voting for Buchanan, as a response on

image text in transcribed
image text in transcribed
Recall the 2000 presidential election data. Suppose that we consider a regression of pBuch, which stands for proportion voting for Buchanan, as a response on the following variables as predictors: Inco: Mean personal income in 1994; Bla: Percentage of blacks in 1996; Hisp: Percentage of Hispanics in 1996; 265: Percentage of the population aged 65 and over; Coll: Percentage of the population that graduated from college based on 1990 census. Based on these predictors excluding the observations corresponding to palm beach county, suppose that we can construct the following linear combination of the predictors: .LiBERTOUN PALMBEACH -0.0004 -0.0002 0.0002 0.0004 Figure 2: Problem 3 1 X = 0.42 log[Bla] + 0.23 log[Hisp] + 0.44 log[2 65] - 0.75 log[Coll] - 0.15Inco-1. The OLS fit and its some graphical diagnostics for a regression of log-scaled pBuch on X is given in Figure 2. Figure 2 supports that the OLS fit looks good for the regression. In Figure 2, the dashed lines represent the OLS fit, and the solid lines do LOWESS smoothing with fixing the tunning parameter at 0.75. Now the palm beach county observations are restored and pointed in the figure along with the two other counties of Calhoun and Liberty. And the 95% confidence intervals for their predictions are as follows: . Palm Beach County - Actual votes for Buchanan: 3407 Predicted votes: 1333.26; 95% CI [562.30, 3161.31] . Calhoun County - Actual votes for Buchanan: 90 Predicted votes: 20.25; 95% CI [8.56, 47.958] . Liberty County - Actual votes for Buchanan: 39 Predicted votes: 9.65; 95% CI [4.08, 22.848] Based on these results including Figure 2, what can you conclude for deciding whether or not palm beach county is an outlier or not

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_2

Step: 3

blur-text-image_3

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

Elementary Linear Algebra

Authors: Ron Larson

8th Edition

1305877020, 9781305877023

More Books

Students also viewed these Mathematics questions

Question

What is the logit transformation for a probability ?????

Answered: 1 week ago

Question

6. What information processes operate in communication situations?

Answered: 1 week ago

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago