Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The statsmodels ols() method is used on an exam scores dataset to fit a multiple regression model using Exam4 as the response variable. Exam1, Exam2,
The statsmodels ols() method is used on an exam scores dataset to fit a multiple regression model using Exam4 as the response variable. Exam1, Exam2, and Exam3 are used as predictor variables. The general form of this model is: Y = Po + Pi Exam1 + P,Exam2 + ByExam3 If the level of significance, alpha, is 0.10, based on the output shown, is Exam1 statistically significant in the multiple regression model shown above? Select one. A text version of this output is available. OLS Regression Results Dep. Variable: Exam4 R-squared: 0. 178 Model: OLS Adj. R-squared: 0. 125 Method: Least Squares F-statistic: 3.329 Date: Sun, 18 Aug 2019 Prob (F-statistic): 0. 0276 Time: 10: 59 :12 Log-Likelihood: -169.85 No. Observations: 50 AIC: 347.7 Df Residuals: 46 BIC: 355.4 Of Model: Covariance Type: nonrobust coef std err P>Itl [0 . 025 0.975] Intercept 46. 2612 10.969 4. 217 0.000 24. 181 68. 341 Exam1 0. 1742 0. 120 1. 453 0. 153 -0. 067 0. 416 Exam2 0. 1462 0. 078 1. 873 0. 067 -0.011 0. 303 Exam3 0. 0575 0.053 1. 085 0. 284 0.049 0. 164 Omni bus : 0. 886 Durbin-Watson: 1.530 Prob (Omni bus) : 0. 642 Jarque-Bera (JB) : 0. 738 Skew: 0. 290 Prob (JB) : 0. 691 Kurtosis : 2. 868 Cond. No. 1. 41e+03
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