Question: Use the data in ATTEND.RAW this exercise (i) Obtain the minimum, maximum, and average values for the variables atndrte, priGPA, and ACT. (ii) Estimate the

Use the data in ATTEND.RAW this exercise
(i) Obtain the minimum, maximum, and average values for the variables atndrte, priGPA, and ACT.
(ii) Estimate the model
atndrte = (0 + (1priGPA + (2ACT + u,
and write the results in equation form. Interpret the intercept. Does it have a useful meaning?
(iii) Discuss the estimated slope coefficients. Are there any surprises?
(iv) What is the predicted atndrte if priGPA = 3.65 and ACT = 20? What do you make of this result? Are there any students in the sample with these values of the explanatory variables?
(v) If Student A has priGPA = 3.1 and ACT = 21 and Student B has priGPA = 2.1 and ACT = 26, what is the predicted difference in their attendance rates?

Step by Step Solution

3.32 Rating (155 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

iThe minimum maximum and average values for these three variables are given in the table below Varia... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

839-M-E-E-A (538).docx

120 KBs Word File

Students Have Also Explored These Related Econometric Questions!