The f-wald test, Advanced Statistics

Assignment Help:

Primary Model

Below is a regression analysis without 17 outliers that have been removed

Regression Analysis: wfood versus totexp, income, age, nk

The regression equation is

wfood = 0.378 - 0.00129 totexp - 0.000054 income + 0.00170 age + 0.0317 nk

Predictor              Coef       SE Coef           T          P         VIF

Constant         0.37816     0.01356         27.89  0.000

totexp         -0.00128554  0.00006284  -20.46  0.000    1.324

income        -0.00005410  0.00004950   -1.09   0.275    1.341

age              0.0016993    0.0003058      5.56   0.000    1.065

nk                0.031717      0.004676        6.78   0.000    1.007

S = 0.0880161   R-Sq = 28.0%   R-Sq(adj) = 27.8%

Analysis of Variance

Source               DF       SS          MS         F           P

Regression         4      4.5159    1.1290  145.73  0.000

Residual Error   1497  11.5970   0.0077

  Lack of Fit       1328   10.1731  0.0077    0.91  0.806

  Pure Error        169    1.4239    0.0084

Total                  1501  16.1129

 

Secondary Model

Below is a regression analysis without 17 outliers that have been removed and dropping the income variable   

Regression Analysis: wfood versus totexp, age, nk

The regression equation is

wfood = 0.376 - 0.00132 totexp + 0.00165 age + 0.0317 nk

Predictor         Coef     SE Coef       T      P    VIF

Constant       0.37593     0.01341   28.04  0.000

totexp     -0.00131710  0.00005581  -23.60  0.000  1.045

age          0.0016462   0.0003019    5.45  0.000  1.038

nk            0.031672    0.004676    6.77  0.000  1.007

S = 0.0880218   R-Sq = 28.0%   R-Sq(adj) = 27.8%

Analysis of Variance

Source               DF       SS          MS          F           P

Regression         3       4.5067   1.5022   193.89  0.000

Residual Error   1498  11.6063  0.0077

  Lack of Fit       644    4.9570    0.0077    0.99     0.560

  Pure Error      854     6.6493    0.0078

Total               1501    16.1129

The Null Hypothesis - H0: No difference between the primary and secondary model

1465_The F-Wald Test.png

Since the F value is 1.2005 < 3.8477 there is sufficient evidence to suggest that we accept H0 implying that there is no difference between the primary and secondary model and income can be removed.


Related Discussions:- The f-wald test

Mobile Marketing statistics., 1) Has smartphones affected the consumer beh...

1) Has smartphones affected the consumer behavior? If so How ? And how is it going to change in future? 2) Forecasting of Mobile market (Time series analysis) 3) Comparison of fou

Homework help, Q1: The growth in bad debt expense for Aptara Pvt. Ltd. Comp...

Q1: The growth in bad debt expense for Aptara Pvt. Ltd. Company over the last 20 years is as follows. 1997 0.11 1998 0.09 1999 0.08 2000 0.08 2001 0.1 2002 0.11 2003 0.12 2004 0.1

SCATTER DIAGRAM, MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM

MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM

Definition, what is operational gaining

what is operational gaining

Empirical likelihood, An approach of using the likelihood as the basis of e...

An approach of using the likelihood as the basis of estimation without the requirement to specify a parametric family for data. Empirical likelihood can be viewed as the example of

Mauchly test, Mauchly test is a test which a variance-covariance matrix of...

Mauchly test is a test which a variance-covariance matrix of pair wise differences of responses in the set of longitudinal data is the scalar multiple of identity matrix, a proper

Explain negative hyper geometric distribution, Negative hyper geometric dis...

Negative hyper geometric distribution : In sampling without replacement from the population comprising of r elements of one kind and N - r of another, if two elements corresponding

Histogram, Histogram is the graphical representation of the set of observat...

Histogram is the graphical representation of the set of observations in which class frequencies are represented by the regions of rectangles centred on the class interval. If the f

Doob meyer decomposition, A theorem which shows that any counting process m...

A theorem which shows that any counting process may be uniquely decomposed as the sum of a martingale and a predictable, right-continous process called the compensator, assuming ce

Factor, The term used in a variety of methods in statistics, but mostly to ...

The term used in a variety of methods in statistics, but mostly to refer to the categorical variable, with a less number of levels, under examination in an experiment as a possible

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