Parks test, Advanced Statistics

Assignment Help:

The Null Hypothesis - H0: β1 = 0 i.e. there is homoscedasticity errors and no heteroscedasticity exists

The Alternative Hypothesis - H1: β1 ≠ 0 i.e. there is no homoscedasticity error and there is heteroscedasticity

MTB > let c33=loge(c20)

MTB > let c34=loge(c7)

MTB > let c35=loge(c8)

MTB > let c36=loge(c9)

MTB > let c37=loge(c10)

C33 = lnsqres

C34 = lntotexp

C35 = lnincome

C36 = lnage

C37 = lnnk

 

Regression Analysis: lnsqres versus lntotexp

The regression equation is

lnsqres = - 5.41 - 0.155 lntotexp

 

Predictor     Coef  SE Coef      T      P

Constant   -5.4069   0.6430  -8.41  0.000

lntotexp   -0.1550   0.1420  -1.09  0.275

 

S = 2.15075   R-Sq = 0.1%   R-Sq(adj) = 0.0%

Analysis of Variance

Source               DF        SS     MS     F      P

Regression         1     5.515  5.515  1.19  0.275

Residual Error  1517  7017.227  4.626

Total                1518  7022.743

Since β1 ≠ 0 and is 0.155, H1 would be accepted suggesting that there are no homoscedasticity errors but there is indication that there is heteroscedasticity.

 

Regression Analysis: lnsqres versus lnincome

The regression equation is

lnsqres = - 5.77 - 0.070 lnincome

 

Predictor     Coef  SE Coef      T      P

Constant   -5.7687   0.7111  -8.11  0.000

lnincome   -0.0698   0.1465  -0.48  0.634

 

S = 2.15143   R-Sq = 0.0%   R-Sq(adj) = 0.0%

Analysis of Variance

Source               DF        SS     MS     F      P

Regression         1     1.050  1.050  0.23  0.634

Residual Error  1517  7021.693  4.629

Total                1518  7022.743

Since β1 ≠ 0 and is 0.070, H1 would be accepted suggesting that there are no homoscedasticity errors but there is indication that there is heteroscedasticity.

Regression Analysis: lnsqres versus lnage

The regression equation is

lnsqres = - 7.23 + 0.315 lnage

 

Predictor     Coef  SE Coef      T      P

Constant   -7.2276   0.9125  -7.92  0.000

lnage         0.3155   0.2563   1.23  0.219

 

S = 2.15052   R-Sq = 0.1%   R-Sq(adj) = 0.0%

 

Analysis of Variance

Source                DF        SS     MS     F      P

Regression          1      7.007  7.007  1.52  0.219

Residual Error    1517  7015.736  4.625

Total                  1518  7022.743

Since β1 ≠ 0 and is 0.315, H1 would be accepted suggesting that there are no homoscedasticity errors but there is indication that there is heteroscedasticity.

Regression Analysis: lnsqres versus lnnk

The regression equation is

lnsqres = - 5.99 - 0.281 lnnk

Predictor     Coef        SE Coef           T      P

Constant   -5.98771  0.08819  -67.89  0.000

lnnk           -0.2812   0.1631   -1.72  0.085

 

S = 2.14949   R-Sq = 0.2%   R-Sq(adj) = 0.1%

Analysis of Variance

Source            DF        SS          MS            F      P

Regression      1       13.738    13.738  2.97  0.085

Residual Error 1517  7009.004  4.620

Total               1518  7022.743

Since β1 ≠ 0 and is 0.281, H1 would be accepted suggesting that there are no homoscedasticity errors but there is indication that there is heteroscedasticity.

MTB > # lntotexp is significant and estimate of beta/2 is -0.155/2 or -0.775


Related Discussions:- Parks test

Statistics, cholscores Treatment income ($000) Patient ID low Income? ...

cholscores Treatment income ($000) Patient ID low Income? 0.6 Old 21.3 2 Yes 0.17 Old 27.2 13 Yes 0.69 New 27.1 16 Yes 1.09 Old 94.8

Forecasting, Briefly explain the importance of forecasting for managers?

Briefly explain the importance of forecasting for managers?

Define quantalassay, Quantalassay:  The experiment in which the groups of s...

Quantalassay:  The experiment in which the groups of subjects are exposed to the different doses of, generally, a drug, to which the particular number respond. Data from such type

Principal components regression analysis, Principal components regression a...

Principal components regression analysis is a process often taken in use to overcome the problem of multicollinearity in the regression, when simply deleting a number of the expla

Hazard regression, Hazard regression is the procedure for modeling the haz...

Hazard regression is the procedure for modeling the hazard function which does not depend on the suppositions made in Cox's proportional hazards model, namely that the log-hazard

Decision tree, The graphic representation of the alternatives in a decision...

The graphic representation of the alternatives in a decision making problem which summarizes all the possibilities foreseen by the decision maker. For instance, suppose we are give

Hirap, #q A paper mill products two grade of paper viz., X & Y. Because of ...

#q A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a

What is harris and stevens forecasting, Harris and Stevens forecasting is ...

Harris and Stevens forecasting is the method of making short term forecasts in the time series which is subject to abrupt changes in pattern and the transient effects. Instances o

Determine the maximum amount of the commodity, A manufacturing company has ...

A manufacturing company has two factories F 1 and F 2 producing a certain commodity that is required at three retail outlets M 1 , M 2 and M 3 . Once produced, the commodity is

Gllamm, Gllamm is a program which estimates the generalized linear latent ...

Gllamm is a program which estimates the generalized linear latent and mixed models by the maximum likelihood. The models which can be fitted include structural equation models mul

Write Your Message!

Captcha
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!

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