Multiple and non-linear regression analysys

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Reference no: EM13934226

Multiple and non-linear regression analysys Question 1. Is household composition a determinant od expenditure per capita on your commodoty, controlling for household expenditure per capita? Regress FDHOPC on EXPENPC and SIZEAM,SIZEAF,SIZEJM,SIZEJF and SIZEIN Give an economic interpretation of the regression coefficient and perform appropriate statistical test. Comparing this regression with that of FDHOPC on EXPPC and SIZE.Is there evidence that this refinement leads to improved explanator power? Question 2 Is expenditure on your category per capita related to total expenditure per capita? An alternative model specification. Define a new variable LDFDPC as the logarithm of expendture per capita on FDHO. Define new variable LGEXPPC as the logarithm of total household expenditure per capita Regress LDFDPC on LGEXPPC , provide an interoretation of the coeffecient , and perform appropriate statistical test.Explain how this specification is related to that in the previous exercise.

Reference no: EM13934226

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