User Account

All Pages

What is the mean lfpr

Assignment Help Basic Statistics
Reference no: EM131549675

Question: Consider the following regression output†: ˆ Yi = 0.2033 +0.6560Xt se =(0.0976) (0.1961) r2 = 0.397 RSS=0.0544 ESS=0.0358 where Y=labor force participation rate (LFPR) of women in 1972 and X=LFPR of women in 1968. The regression results were obtained from a sample of 19 cities in the United States.

a. How do you interpret this regression?

b. Test the hypothesis: H0:ß2 = 1 against H1:ß2 > 1. Which test do you use? And why? What are the underlying assumptions of the test(s) you use?

c. Suppose that the LFPR in 1968 was 0.58 (or 58 percent). On the basis of the regression results given above, what is the mean LFPR in 1972? Establish a 95% confidence interval for the mean prediction.

d. How would you test the hypothesis that the error term in the population regression is normally distribute? Show the necessary calculations.

Reference no: EM131549675

Questions Cloud

Control consumer prices when selling overseas : 1. Debate the issue of global versus adapted products for the international market. 2. Why is it so difficult to control consumer prices when selling overseas?
Determine the test statistic : Rhino viruses typically cause common colds. In a test of the effectiveness of echinacea, 74 of rhe 83 subjects treared with echinacea developed rhinovirus.
The focus of your question is assessment : Identify whether the focus of your question is assessment, etiology, treatment, or prognosis.
What is the task of the international market researcher : What is the task of the international market researcher? How is it complicated by the foreign environment?
What is the mean lfpr : Consider the following regression output†: ˆ Yi = 0.2033 +0.6560Xt se =(0.0976) (0.1961) r2 = 0.397 RSS=0.0544 ESS=0.0358 where Y=labor force participation.
Research on information systems : Based on relevant theories and other research on Information Systems, present an outline of an MIS solution.
Promote a company service : What are a few examples of ways social media can be used to promote a company's service?
Discuss the mean and standard deviation : The number of days (X) after mailout it takes a utility company to receive payment for a customer's bill is a normal random variable with a mean of 31 days.
Which of given is a legitimate subject matter for a patent : Which of following is a legitimate subject matter for a patent? Which of following is not a factor in determining whether a trademark is inherently distinctive?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd