Question: STAT202 Homework Assignment 4 Please complete the following problems from the textbook for HW 4. It is due by 11:59pm on the date specified in
STAT202 Homework Assignment 4 Please complete the following problems from the textbook for HW 4. It is due by 11:59pm on the date specified in the syllabus but will be accepted up to 2 days late for a deduction of 10 points per day. You will submit answers to the homework problems via BB Learn. A submission assignment is available under the homework tab. Once you open the submission assignment, you can input answers to all of the questions. The exact questions you will be expected to provide answers to are listed with the problems below. It will be graded out of 100 points and a rubric will be used. Chapter 13 Data Set: College Graduation Rates (50 points) *You will need software to complete this problem. Using the data provided, create a linear regression model that estimates a state's college graduation rate using Edspend (education spending per capita), Metro (\% of state that is a metropolitan area), Age (median age of the state) and Location (the geographic location of the state within the US - YOU MUST USE WEST AS A REFERENCE CATEGORY - POINTS WILL BE DEDUCTED FOR NOT DOING THIS). Use the output to answer the following questions: a. What is the coefficient of EdSpend? b. Is the coefficient significant at alpha =0.05 ? c. What is the coefficient of Metro? d. Is the coefficient significant at alpha =0.05 ? e. What is the coefficient of Age? f. Is the coefficient significant at alpha =0.05 ? g. Are any locations significantly different from West at an alpha =0.05 ? (select all that apply) h. What is the intercept? i. Interpret the intercept (i.e. explain the specific situation the intercept applies to) j. What is the estimated college graduation rate for a state in the northeast with 1250 in education spending per capita, 95% metro area and a median age of 35 ? CollegeGradRate
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