Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Urban/rural ratings of counties. Professional Geographer (February 2000) published a study of urban and rural counties in the western United States. University of Nevada (Reno) researchers asked a sample of 256 county commissioners to rate their ‘‘home'' county on a scale of 1 (most rural) to 10 (most urban).

The urban/rural rating (y) was used as the dependent variable in a first-order multiple regression model with six independent variables: total county population (x1), population density (x2), population concentration (x3), population growth (x4), proportion of county land in farms (x5), and 5-year change in agricultural land base (x6). Some of the regression results are shown in the next table.

(a) Write the least squares prediction equation for y.

(b) Give the null hypothesis for testing overall model adequacy.

(c) Conduct the test, part b, at α = .01 and give the appropriate conclusion.

(d) Interpret the values of R2 and R2a.

(e) Give the null hypothesis for testing the contribution of population growth (x4) to the model.

(f) Conduct the test, part e, at α = .01 and give the appropriate conclusion.

247_Tab 2.jpg

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92212946

Have any Question?


Related Questions in Statistics and Probability

Suppose that 20 of men p20 and 15 of women p 15 are

Suppose that 20% of men (P=.20) and 15% of women (P= .15) are carriers of a particular genetic trait. That trait can only be inherited by a child if both parents are carriers. What is the probability that a child is born ...

Consumer product manufacturers commonly include customer

Consumer product manufacturers commonly include customer satisfaction surveys on product warranty cards that are sent back to the company. An outdoors company redesigned a popular camping tent, and it wants to know wheth ...

Is the following an example of a binomial experimentat a

Is the following an example of a binomial experiment? At a campus activities board event, an entertainer gives tickets with sequential numbers to every attendee (i.e. 1, 2, 3, 4, 5... n). Throughout the event, the entert ...

If we believe the percent to be 75 how many police officers

If we believe the percent to be 75%, how many police officers must we survey to estimate the proportion of officers who graduated from a police academy if we want to ensure we can be 90% we are within 2% of the true prop ...

You are lost on the mythy island in the summer when

You are lost on the Mythy Island in the summer, when tourists are two-thirds of the population. If you ask a tourist for direction the answer is correct with probability ¾; answers to repeated questions are independent e ...

The average time a person spends at the barefoot landing

The average time a person spends at the Barefoot Landing Aquarium Is 96 minutes. The standard deviation is 17 minutes, and this variable is normally distributed. What is the probability that a randomly selected visitor w ...

Determine the margin of error for an 80 confidence interval

Determine the margin of error for an 80?% confidence interval to estimate the population mean when s? = 36 for the sample sizes below. ?a)n=12 ?b)n=26 ?c)n=54 ?a) The margin of error for an 80?% confidence interval when ...

Timco is considering project a project a will cost 23000 it

Timco is considering project A. Project A will cost 23000. It should provide after tax cash inflows of 5000 per year for the next 6 years. The cost of funds is 10%. Find the MIRR. Should Timco buy it?

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer ...

Your company is considering a new project that will require

Your Company is considering a new project that will require $18,000 of new equipment at the start of the project. The equipment will have a depreciable life of 5 years and will be depreciated to a book value of $3,000 us ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As