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

Expected monetary value, Ask quesoil company is considering whether or not ...

Ask quesoil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The com

Daycare, facts and statistics about daycare

facts and statistics about daycare

Ordered alternative hypothesis, Ordered alternative hypothesis is a hypoth...

Ordered alternative hypothesis is a hypothesis or assumption which speci?es an order for the set of parameters of interest as an alternative to the equality, rather than simply th

EDUC 606, The GRE has a combined verbal and quantitative mean of 1000 and a...

The GRE has a combined verbal and quantitative mean of 1000 and a standard deviation of 200.

Define radical statistics group, Radical statistics group : The national ne...

Radical statistics group : The national network of the social scientists in United Kingdom committed to the critique of statistics as taken in use in the policy making procedure. T

Cohort study, Cohort study : An investigation in which the group of individ...

Cohort study : An investigation in which the group of individuals (or the cohort) is identi?ed and followed prospectively, possibly for many years, and their subsequent medical his

Cauchy distribution, Cauchy distribution : The probability distribution, f ...

Cauchy distribution : The probability distribution, f (x), can be given as follows   where α is the position of the parameter (median) and the beta β a scale parameter. Moments

Describe hurdle model, Hurdle Model:  The model for count data which postul...

Hurdle Model:  The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina

Explain response surface methodology (rsm), Response surface methodology (R...

Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat

Please answer this question, How large would the sample need to be if we ar...

How large would the sample need to be if we are to pick a 95% confidence level sample: (i) From a population of 70; (ii) From a population of 450; (iii) From a population of 1000;

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