Answered step by step
Verified Expert Solution
Question
1 Approved Answer
_| SECTION ONE: INTRODUCTION TO MULTIPLE O.L.S. REGRESSION MODELING; ANALYZING THE DATA USING STATA For the given sample data shown below, use Stata to answer
_| SECTION ONE: INTRODUCTION TO MULTIPLE O.L.S. REGRESSION MODELING; ANALYZING THE DATA USING STATA For the given sample data shown below, use Stata to answer the following questions. X2 X; Y 21.1 14.5 22.3 20.3 14.9 22.6 20.6 16.1 22.7 20.7 16.3 22.9 21.1 16.3 23.1 21.4 16.9 23.2 21.1 17.2 23.4 21.3 17.2 23.5 21.5 17.5 23.3 21.5 17.4 23.3 21.7 17.3 23.6 21.3 17.4 23.7 22 17.6 23.9 22.1 17.6 24.1 22.4 17.7 24.4 22.6 17.3 24.7 22.7 17.9 24.9 22.9 13.2 25.2 23.1 13.3 25.5 23.2 13.1 25.1 23.1 13 25.2 23.4 13.3 25.4 23.4 13.5 25.6 23.3 13.3 25.6 23.1 13.5 25.7 23.3 13.3 25.3 23.4 13.6 25.9 23.5 13.3 26.2 23.6 19.1 26.4 23.9 20.1 26.9 (a) Construct a correlation matrix. What are the correlations between the dependent variable and each of the independent factors? Also, measure the correlations between the independent factors? (b) Construct the full model. (c) How well does our full model fit the data? What can you infer from the full model? (d) At the 5% level of significance, does each factor significantly affect our dependent variable? Explain. (e) What will be our robust model? Also, how well does our robust model fit the data
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started