Regression analysis , Applied Statistics

Assignment Help:

The data used is from a statistical software Minitab; London.MPJ is the file that consists of 1519 households drawn from 1980 - 1982 British Family Expenditure Surveys. Data that is selected is only of households that have one or two children living in Greater London. The self employed and retired households have been excluded.  The subset of data is obtained from a larger study.

The variables from the London.MPJ file:

  • wfood = budget share for food expenditure
  • wfuel = budget share for fuel expenditure
  • wcloth = budget share for clothing expenditure
  • walc = budget share for alcohol expenditure
  • wtrans = budget share for transport expenditure
  • wother = budget share for other good expenditure
  • totexp = total household expenditure (rounded to the nearest 10 UK pounds sterling)
  • income = total net household income (rounded to the nearest 10 UK pounds sterling)
  • age = age of household head
  • nk = number of children

The variables that are used for this regression investigation are the following:

  • wfood as dependent variable (Y)
  • totexp as independent variable (X)
  • income as independent variable (X)
  • age as independent variable (X)
  • nk as independent variable (X)

Related Discussions:- Regression analysis

Iterative convergence of the method, You are given the differential equatio...

You are given the differential equation dy/dx = y' = f(x, y) with initial condition y(0 ) 1 = . The following numerical method is also given: where  f n = f( x n , y n )

Descriptive statistics, find the average rate of increase in population whi...

find the average rate of increase in population which in the first decade has increased 20%.in the second 25% and in the third 44%

Dominant strategy equilibrium, Consider the following game: (a) If ...

Consider the following game: (a) If (top, left) is a Weakly Dominant Strategy Equilibrium, then what inequalities must hold among (a, ..., h)? (b) If (top, left) is a Na

Practice-Based Evidence, how to analyzePractice-Based Evidence Back to the ...

how to analyzePractice-Based Evidence Back to the Future

Find relative maxima and minima, Q. Find relative maxima and minima? Wh...

Q. Find relative maxima and minima? When finding relative maxima and minima in the Chapters absolute extrema problem, don't forget to use the first or second derivative test to

What is the probability that they all hit the target, QUESTION ONE. (a) ...

QUESTION ONE. (a) The probability that, a bomber hits a target on a bombing mission is 0.70 Three bombers are sent to bomb a particular target. (i) What is the probability

Descriptive statistics, Explanation of descriptive statistics Describe ...

Explanation of descriptive statistics Describe what these descriptive statistics show or what recommendations you would create to AIU.  What information do you now have as a re

Poisson distribution, Poisson Distribution The poisson Distribution  wa...

Poisson Distribution The poisson Distribution  was discovered  by French mathematician simon  denis  poisson. It is a discrete probability distribution. Meaning : In bi

Large sample test for proportion, Large Sample Test for Proportion A ra...

Large Sample Test for Proportion A random sample of size n (n > 30) has a sample proportion p of members possessing a certain attribute (success). To test the hypothesis that t

Uncertain demand, Consider a Cournot duopoly with two firms (fi rm 1 and f...

Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both

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