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Vinvika [58]
3 years ago
15

Suppose you regress the natural log of total family expenditures on household size using observations of households from the 201

3 Consumer Expenditure Survey:
. reg Intotexppq fam_size
Source SS df MS Number of obs = 6,766
Model F(1, 6764) = 634.72
Residual Prob > F = 0.0000
R-squared = 0.0858
Adj R-squared = 0.0857
Total | 5540.26944 6,765 818960744 Root MSE = .86534
Intotexppp | Coef. Std. Err. t P>I t I |[95% Conf. Interval]
fam_size | .1767089 .007014 25.19 0.000
cons | .0203324 404.71 0.000
From the information given, you should be able to answer the following questions about the regression:
• (4) Interpret your estimate of the coefficient on family size.
• (4) Compute the 95% confidence interval for the coefficient on family size.
• (6) Compute the estimate of the intercept of the regression line.
• (5) Compute the Explained Sum of Squares and Residual Sum of Squares of the model.
• (6) How would you assess whether the error terms in your model were homoskedastic or heteroskedastic? Include a picture if you need to.

Mathematics
1 answer:
postnew [5]3 years ago
4 0

Answer:

Step-by-step explanation:

Please check below in the attached, you will see answer to given questions, thank you, I hope it helps.

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Step-by-step explanation:

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3 years ago
Which three expressions are equivalent to 10x +11
BARSIC [14]

Answer:

B, C, and E

Step-by-step explanation:

<u>Simplify all answer choices:</u>

A.

5(2x+10)+1=

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B.

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C.

3(3x+4)+x-1=

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D.

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E.

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Answer choices B, C, and E simplify to 10x+11

8 0
3 years ago
The two dot plots compare ages of girls and boys in a pottery class.
mart [117]

Answer:

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6 0
2 years ago
In a town, 15% of the population is unemployed. what is the
kow [346]

Answer:

1479 people

Step-by-step explanation:

If the amount employed is 8381, that means 8381 is 85% of the population. 8381/85 = 98.6

Every 1% of the population is 98.6, so we can just do 15 x 98.6 to get 1479

7 0
2 years ago
Read 2 more answers
A baker has 14.6 pounds of flour and 5 5/4 pounds of butter.How many more pounds of flour than butter does the baker have.
navik [9.2K]

Answer:

8.35

Step-by-step explanation:

Butter : 5 5/4 = 25/4 = 6.25

Flour - Butter = 14.6 - 6.25

= 8.35

6 0
3 years ago
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