Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using 50 observations, the following regression output is obtained from estimating y = 0 + 1 x + 2 d 1 + 3 d 2
- Using 50 observations, the following regression output is obtained from estimatingy =0+1x+2d1+3d2+.
Coefficients | Standard Error | t Stat | p-value | |
Intercept | 0.61 | 0.23 | 2.75 | 0.007 |
x | 3.12 | 1.04 | 3.01 | 0.003 |
d1 | 13.22 | 15.65 | 0.85 | 0.401 |
d2 | 5.35 | 1.25 | 4.27 | 0.000 |
a.Computeyy^forx= 250,d1= 1,andd2= 0;computeyy^forx= 250,d1= 0,andd2= 1.(Round your final answers to 2 decimal places.)
yy^ | |
x= 250,d1= 1 andd2= 0 | __?___ |
mmx= 250,d1= 0 andd2= 1 | ___?___ |
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