# Question: A random sample of 93 freshmen at the University of

A random sample of 93 freshmen at the University of Illinois was asked to rate, on a scale of 1 (low) to 10 (high), their overall opinion of residence hall life. They were also asked to rate their levels of satisfaction with roommates, with the floor, with the hall, and with the resident advisor. (Information on satisfaction with the room itself was obtained, but this was later discarded as it provided no useful additional power in explaining overall opinion.) The following model was estimated:

Y = β0 + β1X1 + β2X2 + β3X3 + β4X4 + ε

where

Y = overall opinion of residence hall

X1 = satisfaction with roommates

X2 = satisfaction with floor

X3 = satisfaction with hall

X4 = satisfaction with resident advisor

Use the accompanying portion of the computer output from the estimated regression to write a report summarizing the findings of this study.

Dependent Variable: Y Overall Opinion

Y = β0 + β1X1 + β2X2 + β3X3 + β4X4 + ε

where

Y = overall opinion of residence hall

X1 = satisfaction with roommates

X2 = satisfaction with floor

X3 = satisfaction with hall

X4 = satisfaction with resident advisor

Use the accompanying portion of the computer output from the estimated regression to write a report summarizing the findings of this study.

Dependent Variable: Y Overall Opinion

## Answer to relevant Questions

The following model was fitted to 47 monthly observations in an attempt to explain the difference between certificate of deposit rates and commercial paper rates: Y = β0 + β1X1 + β2X2 + ε where Y = commercial paper ...The method of least squares is used far more often than any alternative procedure to estimate the parameters of a multiple regression model. Explain the basis for this method of estimation, and discuss why its use is so ...The following model was fitted to a sample of 25 students using data obtained at the end of their freshman year in college. The aim was to explain students’ weight gains: yi = β0 + β1x1i + β2x2i + β3x3iεi where yi = ...Based on data from 63 counties, the following model was estimated by least squares: where y` = growth rate in real gross domestic product x1 = real income per capita x2 = average tax rate, as a proportion of gross national ...The data file Pension Funds contains data on the market return (X) of stocks and the percentage (Y) of portfolios in common stocks at market value at the end of the year for private pension funds. Estimate the model yt = β0 ...Post your question