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

Define interval-censored observations, Interval-censored observations ar...

Interval-censored observations are the  observations which often occur in the context of studies of time elapsed to the particular event when subjects are not monitored regularl

Explain randomized response technique, Randomized response technique : The ...

Randomized response technique : The procedure for collecting the information on sensitive issues by means of the survey, in which an element of chance is introduced as to what quer

Linear Programming, 1. The production manager of Koulder Refrigerators must...

1. The production manager of Koulder Refrigerators must decide how many refrigerators to produce in each of the next four months to meet demand at the lowest overall cost. There i

Calculate the probability, (a) A plane timetable states that a particular p...

(a) A plane timetable states that a particular plane is due at 2pm but the actual arrival time isuniformly distributed between 1pm and 3pm. (i) Calculate the probability that th

Prepare a depreciation schedule for the rental equipment, Sam Tyler, a sing...

Sam Tyler, a single taxpayer, social security number 111-44-1111, bought Rental Equipment on 04/01/2010. He paid $400,000 including all closing and delivery costs. In the current y

Continuous variable, Continuous variable : The measurement which is not res...

Continuous variable : The measurement which is not restricted to the particular values except in so far as this is constrained by the accuracy of measuring instrument. General exam

Cube law, A law supposedly applicable to voting behaviour which has a histo...

A law supposedly applicable to voting behaviour which has a history of several decades. It may be stated thus: Consider a two-party system and suppose that the representatives of t

Genomics, Genomics  is the study of the structure, function and the evoluti...

Genomics  is the study of the structure, function and the evolution of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequences which comprise the genome of living organisms

Mean, You have learned that there are 3 major central measures of any data ...

You have learned that there are 3 major central measures of any data set. Namely: mean, median, and mode. Which of the three, do the outliers affect the most?

Regression, calculate the mean yearly value using the average unemployment ...

calculate the mean yearly value using the average unemployment rate by month

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