Which coefficients are statistically significant in this regression? And explain the methods you use to determine that
Fantastic news! We've Found the answer you've been seeking!
Question:
Which coefficients are statistically significant in this regression? And explain the methods you use to determine that - between t-stat, p-value, and confidence interval?
Transcribed Image Text:
Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Housing Price Index In(Total Compensation), Total Construction Empl Unemployment Rate Total College Enrollmen 0.7971 0.6353 0.5957 0.3818 52 df 5 46 51 SS MS F 11.68120713 2.336241 16.02665 6.705523634 0.145772 18.38673077 Coefficients Standard Error 17.1044 0.0428 -4.0751 -0.0008 -0.0684 -0.0001 Significance F 3.95983E-09 t Stat P-value Lower 95% 0.0922 -2.9183 0.0156 -9.2501 -0.0015 -0.1078 -0.0003 9.9472 1.7195 0.0135 3.1626 0.0028 2.5709 -1.5851 0.1198 0.0004 -2.0753 0.0436 0.0011 0.0196 -3.4892 0.0001 -0.5406 0.5914 Upper 95% 37.1270 0.0701 1.0999 -0.00002 -0.0289 0.0002 Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Housing Price Index In(Total Compensation), Total Construction Empl Unemployment Rate Total College Enrollmen 0.7971 0.6353 0.5957 0.3818 52 df 5 46 51 SS MS F 11.68120713 2.336241 16.02665 6.705523634 0.145772 18.38673077 Coefficients Standard Error 17.1044 0.0428 -4.0751 -0.0008 -0.0684 -0.0001 Significance F 3.95983E-09 t Stat P-value Lower 95% 0.0922 -2.9183 0.0156 -9.2501 -0.0015 -0.1078 -0.0003 9.9472 1.7195 0.0135 3.1626 0.0028 2.5709 -1.5851 0.1198 0.0004 -2.0753 0.0436 0.0011 0.0196 -3.4892 0.0001 -0.5406 0.5914 Upper 95% 37.1270 0.0701 1.0999 -0.00002 -0.0289 0.0002
Expert Answer:
Answer rating: 100% (QA)
The coefficients that are statistically significant in this regression are the Housing Price Index I... View the full answer
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date:
Students also viewed these finance questions
-
Which table would you use to determine how much must be deposited each Dec.31 of the next 5 years in order to accumulate $50,000 by Dec. 31 of the 5th year? Future value of an ordinary annuity of 1...
-
1. Which financial statement would you use to determine how much cash a business has available to buy inventory that cannot be financed at the end of a period of time? Please show a screen shot of...
-
What standards can you use to determine whether a political action is ethical?
-
8. A 12-tur square wire loop of 1-m length carrying a current of 1-A in the counter clockwise direction as shown in the figure. A magnetic field of magnitude 3000 G is directed into the board. Find,...
-
The management of The Hershey Company has asked union workers in two of its highest cost Pennsylvania plants to accept higher health insurance premiums and take a wage cut. The workers portion of the...
-
State with reason whether the following statements are true, false, or uncertain. Be precise. a. The t test of significance discussed in this chapter requires that the sampling distributions of...
-
In a loudspeaker, an electromagnetic coil rapidly drives a paper cone back and forth, sending out sound waves. If the cone of a loudspeaker moves sinusoidally at 1.2 kHz with an amplitude of 3.5 m,...
-
Vertical analysis Required Use the financial statements for Bernard Company from Problem 13-22A to perform a vertical analysis of both the balance sheets and income statements for 2012 and 2011.
-
Footsie Manufacturing Company has the following budgeted costs for 10,000 units: Manufacturing Selling & Administrative Total Variable Costs $100,000 50,000 $150,000 Fixed Costs $50,000 12,500...
-
WestGas Conveyance, Inc. WestGas Conveyance, Inc., is a large U.S. natural gas pipeline company that wants to raise $120 million to finance expansion. WestGas wants a capital structure that is 50%...
-
Given the following information: Current Interest Rate is 14% There are 3 different scenarios: Interest Rate can stay the same at 14% with a probability of 0.3 or increase to 16% with a probability...
-
(1) Prompt the user for a title for data. Output the title. (1 pt) Ex: Enter a title for the data: Number of Novels Authored You entered: Number of Novels Authored (2) Prompt the user for the headers...
-
Attaching a 24 kg counterweight to the end of a spring stretches it 0.2 m. Describe the equation of motion when the counterweight is released from the equilibrium position with an initial downward...
-
A bank has $100 in assets and a net worth of $100. Suppose that the bank doesn't have to hold any reserves and that assets earn 3%. a. How much is this bank earning on its bank capital? (Enter your...
-
What is the importance of a professional image? What is a professional attitude and how can it be changed to a positive one?
-
Create a class called Transporter that has the following attributes: Transporter cargoCapacity - Double personelleCapacity - Integer cargo[][] - String personelle[] - String Transporter ()...
-
Gibson Company is considering the addition of a new product to its cosmetics line. The company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. Relevant...
-
Air pollution generated by a steel mill is an example of a) a positive production externality. b) a negative production externality. c) a public good. d) the free-rider problem. State and local taxes...
-
The file P02_10.xlsx contains midterm and final exam scores for 96 students in a corporate finance course. Each row contains the two exam scores for a given student, so you might expect them to be...
-
Suppose that the height of a typical American female is normally distributed with = 64 inches and = 4 inches. We observe the height of 500 American females. a. What is the probability that fewer...
-
The annual return on each of four stocks for each of the next five years is assumed to follow a normal distribution, with the mean and standard deviation for each stock, as well as the correlations...
-
Smart Manufacturing Systems Pty Ltds accountant recently prepared the following data from the companys accounting records for the year ended 30 June 2019. Factory overhead is applied at the rate of...
-
During the year ended 30 June 2019, Beautiful Bottles Pty Ltd incurred the following costs in connection with its production activities. Required (a) Calculate the relationship between factory...
-
Telecommunications company Toronto Ltd signed a 15year deal to sell capacity on its cable network to a rival company for $200 million. The deal was completed on the last day of Toronto Ltds financial...
Study smarter with the SolutionInn App