Find percentage of total variation in the dependent variable

Assignment Help Econometrics

Reference no: EM13187640

Suppose Y is related to R and S in the following nonlinear way:

Y aRbSc (Y = aR^bS^c)

a. In order to estimate the parameters a, b, and c, the equation must be transformed into the form: _______.

Twenty-six observations are used to obtain the following regression results:

DEPENDENT VARIABLE: LNY R-SQUARE F-RATIO P-VALUE ON F

OBSERVATIONS: 26 0.3647 4.21 0.0170

VARIABLE PARAMETER STANDARD
ESTIMATE ERROR T-RATIO P-VALUE

INTERCEPT 2.9957 0.3545 8.45 0.0001

LNR 2.34 0.87 2.69 0.0134

LNS 0.687 0.334 2.06 0.0517

b. There are __________ degrees of freedom for the t-test. At the 1% level of significance, the critical t-value for the test is ____________.

c. At the 1% level of significance, a ____________ (is, is not) significant, b __________ (is, is not) significant, and c ___________ (is, is not) significant.

d. The estimated value of a is __________________.

e. The p-value for b indicates that the exact level of significance is _______ percent, which is the probability of ____.

f. At the 1% level of significance, the critical value of the F-statistic is __. The model as a whole ____ (is, is not) significant at the
1% level.

g. If R = 12 and S = 30, the fitted (or predicted) value of Y is _______.

h. The percentage of the total variation in the dependent variable not explained by the regression is _______________ percent.

i. If R increases by 14%, Y will increase by ________ percent.

j. A 6.87% increase in Y will occur if S ________________ (increases, decreases) by _______ percent.

Reference no: EM13187640

Questions Cloud

Determine whether it is better to rent or own : You currently pay $10,000 per year in a rent to a landlord for a $100,000 house, which you are considering purchasing. you can wualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for your own downpayment, you w..

Solve each of the quadratic equations below : Part 1: Solve each of the quadratic equations below. Show your work.

Compute the mass percentage of nacl in the mixture : The resulting solution required 51.30 mL of 0.08765 M AgNO3(aq) to precipitate the Cl-(aq) and Br-(aq) as AgCl(s) and AgBr(s). Calculate the mass percentage of NaCl(s) in the mixture.

Find the effective annual rate of return on her investment : Zoe purchased a house in 1999 for $192,000. In 2006 she sold the house and made a net profit of $50,000. Find the effective annual rate of return on her investment over the 7-yr period. (Round your answer to the nearest hundredth of a percentage p..

Find percentage of total variation in the dependent variable : Twenty-six observations are used to obtain the following regression results: DEPENDENT VARIABLE: LNY R-SQUARE F-RATIO P-VALUE ON F OBSERVATIONS: 26 0.3647 4.21 0.0170 VARIABLE PARAMETER STANDARD ESTIMATE ERROR T-RATIO P-VALUE INTERCEPT 2.9957 0.3545 ..

How should it set the size of rebate to maximize its profit : A manufacture has been selling 1950 television sets a week at $480 each. A market survey indicates that for each $10 rebate offered to a buyer, the number of sets sold will increase by 100 per week.

State a student prepared the ni standar solution : A student prepared the Ni^2+ standar solution and obtained the following buret readings for solution #2, Calculate the concentration of Ni^2+ in the resulting solution.

How much was invested at each rate : Mr. Smith invested $48,000, part at 6% interest and the remainder at 10%. He received $4000 in interest after one year. How much was invested at each rate?

Find the number of acres in the lot : A rectangular building lot measures 295 ft. by 438 ft. Find the number of acres in the lot.

User Account

All Pages