Question
You are an intern with Washington state's Office of Financial Management. One of their current projects is how food stamp program participation affects the state
You are an intern with Washington state's Office of Financial Management. One of their current projects is how food stamp program participation affects the state budget. Food stamps, now officially called Supplemental Nutrition Assistance Program (SNAP), are 100% funded by the federal government, but the state has to pay 50% of the administrative costs and recipients' school-age children automatically qualify for free school lunch program and free school breakfast. As part of the project, your boss asks you to look at how unemployment affects the use of the food stamp program (FSP). You have found yearly data on states' food stamp program participation and unemployment from 1988 to 2007. To help you, your boss has outlined the steps you need to go through.
The problem sets provide you opportunities to apply the statistical concept to real-world applications that emphasize why we care about this. You also have a chance to use statistical software to handle data and interpret results.
Q4)What is the maximum percent of a state's population that was on food stamps in the data?
Group of answer choices
5.8%
11.39%
56%
21.68%
Q5) You run a regression with food stamp program participation ("fsp.rate") as the dependent variable (Y) and unemployment ("unempr") as the explanatory variable (X).
Which of the values below best matches your b1(slope parameter) result?
Group of answer choices
0.018
1.25
1.36
0.25
Q6)The estimated coefficient for the explanatory variable in the regression model you just ran tells us that for every [ Select ] ["0.01 percent", "0.01 percentage points", "1 percentage point", "1 extra person"] increase in unemployment, we expect the participation in the food stamp program to [ Select ] ["increase", "remain the same", "decrease"] by [ Select ] ["12.5", "1.25", "0.00125", "0.0125", "0.125"] [ Select ] ["percentage points", "people", "adults", "percents"] .
https://docs.google.com/spreadsheets/d/1XzbqOpasgxqHZlViPlO-SnpSfEwTMM6B/edit?usp=sharing&ouid=112256274931170174923&rtpof=true&sd=true
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