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

Explain identification keys., Identification keys: The devices for identif...

Identification keys: The devices for identifying the samples from a set of known taxa, which contains a tree- structure where each node corresponds to the diagnostic question of t

Categorizing continuous variables, Categorizing continuous variables : A pr...

Categorizing continuous variables : A practice which involves the conversion of the continuous variables into the series of the categories, which is common in the field of medical

Linear regression, regression line drawn as Y=C+1075x, when x was 2, and y ...

regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Percentage, Looking for the correct answer.Y=50+.079(149)-.261(214)=

Looking for the correct answer.Y=50+.079(149)-.261(214)=

Partial least squares, Partial least squares is an alternative to the mult...

Partial least squares is an alternative to the multiple regressions which, in spite of using the original q explanatory variables directly, constructs the new set of k regressor v

Pascal''s triangle, Pascal's triangle  is an arrangement of numbers describ...

Pascal's triangle  is an arrangement of numbers described by Pascal in his Traité du Triangle Arithmétique published in the year 1665 as 'The number in each cell is equal to in the

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

Staitistics project, I need a statistics project done. How much will it cos...

I need a statistics project done. How much will it cost?

What is the expectation of the number of tosses required, Question 1 A box...

Question 1 A box contains 20 fuses of which 5 are defective If 2 fuses are chosen together at random what is the probability that both the fuses are defective? Question 2 A c

Behrens fisher problem, Behrens Fisher problem : The difficulty of testing ...

Behrens Fisher problem : The difficulty of testing for the equality of the means of the two normal distributions which do not have the equal variance. Various test statistics have

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