StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

ASSIGNMENT 2 - Statistics Project Example

Cite this document
Summary
Interpreting this equation causally, what sign do you expect for  if the presence of the incinerator depresses housing prices? Estimate this equation and interpret…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
ASSIGNMENT 2
Read Text Preview

Extract of sample "ASSIGNMENT 2"

Download file to see previous pages

ii) To the simple regression model in part (i), add the variables , rooms, baths, and age, where intst is distance from the home to the interstate, area is square footage of the house, land is the lot size in square feet, rooms is total number of rooms, baths is number of bathrooms, and age is age of the house in years. Now, what do you conclude about the effects of the incinerator? Explain why (i) and (ii) give conflicting results. The coefficient for the incinerator is 0.05539 showing a decrease from the previous value of 0.

36488; addition of more relevant variables to the model results to a decrease in the coefficient value of the initial variable. Yes the square of  is significant when you add it to the model from part (iii); this is because we observe an increase in the value of adjusted R-squared from 0.7475 in part (ii) to 0.7642 in part (iii) a) Most households use air conditioning powered by electricity to cool down the house but use other forms of energy (gas, oil, etc.) to warm up the house. Given this piece of information, what would you predict for the sign and significance of the coefficients if electricity usage were regressed on a households heating requirements and cooling requirements?

Run a regression of electricity usage (kwh) on heating degree-days (hd16) and cooling degree-days (cd16). Are your results consistent with your predictions? Test whether the coefficients are statistically different than each other at 1%. We would expect the electricity usage to go up during cooling as such the sign for the cooling would be positive. On the contrary, we would expect the electricity usage to come down during the heating and as such the sign for the heating is expected to be negative.

The p-value for the test is 0.000 (a value less than 1% significance level), we therefore reject the null hypothesis and conclude that

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“ASSIGNMENT 2 Statistics Project Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Retrieved from https://studentshare.org/statistics/1697589-assignment-2
(ASSIGNMENT 2 Statistics Project Example | Topics and Well Written Essays - 1000 Words - 1)
https://studentshare.org/statistics/1697589-assignment-2.
“ASSIGNMENT 2 Statistics Project Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/statistics/1697589-assignment-2.
  • Cited: 0 times

CHECK THESE SAMPLES OF ASSIGNMENT 2

Assignment 2: My Firm's Acquisition

My Firm's Acquisition Table of Contents Introduction 3 Background of the Situation 3 Issues in Acquisition 4 Institution-based issues 4 Resource-based issues 6 Managerial Motives and Hubris 6 Strategy for Ensuring Successful Acquisition 7 Conclusion and Recommendation 8 Reference 10 Introduction Increasing competition in the business world has led to bring significant changes in term of business trend, managerial and organizational philosophy, business activities etc....
5 Pages (1250 words) Assignment

The Impact and Implications of Recruitment in Managing a Workforce Effectively

First and Last Name Professor's First and Last Name Class Subject 4 July 2011 What is the impact and implications of recruitment in managing a workforce effectively?... ? When organizations recruit new staff, it is important for them to take into account a number of different factors.... hellip; There are usually many potential candidates applying for one job, so it takes employers time to select the best candidate....
7 Pages (1750 words) Assignment

Palliative Care for Chronic Obstructive Pulmonary Disease

Case Study on Palliative Care for Chronic Obstructive Pulmonary Disease-2 Module : Non-Malignant Palliative Care Module code : NURS09022 Tutor : Stuart Milligan assignment : Non-Malignant Palliative Care Portfolio Banner number : B00199070 Submission date : 8th Aug-2011 Words Count : 2356 “Using a case study approach, describe how the palliative care needs of someone with a specific non-malignant disease can be met....
9 Pages (2250 words) Assignment

Assignment 2: Project Paper

Title: The characteristics of a Lady and a Gentleman Name: Tutor: Course: Date: A “well-rounded” person refers to a person who is physically well balance, well developed, and a person who possess varied abilities and attainments.... A well-rounded person, just like the definition of a gentleman given hereafter, should be of noble birth....
3 Pages (750 words) Assignment

Assignment 2: Background of Topic and Measurement Model, Part 2

Education System Proposal Date Education System Proposal This educational system aims at analyzing performance higher education levels performance.... In addition, it recommends on what worthy education system should promote to higher learning students.... hellip; Various levels belong to higher learning category....
4 Pages (1000 words) Assignment

Motivating the Sales Representatives and Interview Technique

Q.... .... Sales Representatives: Since each employee is the key resource in the business, there should be a proper plan to manage their performance and giving them the rewards in order to reduce the loss of car wax sales.... Training & Development: Sales representatives should be provided training as to how they can communicate to Automobile stores and how they can convince them to display their car wax is # 1....
3 Pages (750 words) Assignment

Marketing: Brands Creating Shared Value

Marketing: Brands Creating Shared Value Name Tutor Institution Course Date Brands Creating Shared Value Introduction One of the key problems that is experienced in our societies is the based on how business is carried out.... For example, the capitalist system is currently under scrutiny due to its nature....
6 Pages (1500 words) Assignment

You Are an Entrepreneur

ASSIGNMENT 2: You Are an Entrepreneur!... Date: Table of Contents Table of Contents 2 Answer 1.... 3 Answer 2.... 6 Answer 3.... 7 Answer 4.... 8 Answer 5.... 9 Answer 6.... 10 References 11 Answer 1.... a.... Photography has been an area of great personal interest since my childhood....
6 Pages (1500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us