MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Consider the results in Table 5. After running the regression, we test whether the
coefficients of the variables hhsize1 and hhsize2 are equal at 5% significance level.The value of the F-statistic is 26.32. Note that the sample size is 1,593. What is the
outcome of the test?

The questions below are based on a dataset containing the characteristics of 5,407
households. In particular, we will use the following variables:
- size: home size, measured in square feet.
- hhinc: annual household net income, measured in euros.
- owner. dummy variable equal to 1 if the living space is owned, and 0 if the living
space is rented.
- hhsize1: dummy variable equal to 1 if the number of household's members is 1 or
2, and 0 otherwise.
hhsize2: dummy variable equal to 1 if the number of household's members is 3 or
4, and 0 otherwise.
hhsize3: dummy variable equal to 1 if the number of household's members is 5 or
above 5, and 0 otherwise.
- edu: education level of household's members.
The Appendix contains tables with the critical values of the standard normal distribution and
the F distribution.
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Transcribed Image Text:The questions below are based on a dataset containing the characteristics of 5,407 households. In particular, we will use the following variables: - size: home size, measured in square feet. - hhinc: annual household net income, measured in euros. - owner. dummy variable equal to 1 if the living space is owned, and 0 if the living space is rented. - hhsize1: dummy variable equal to 1 if the number of household's members is 1 or 2, and 0 otherwise. hhsize2: dummy variable equal to 1 if the number of household's members is 3 or 4, and 0 otherwise. hhsize3: dummy variable equal to 1 if the number of household's members is 5 or above 5, and 0 otherwise. - edu: education level of household's members. The Appendix contains tables with the critical values of the standard normal distribution and the F distribution.
Table 5
. regress size hhinc owner hhsizel hhsizez hhsize3, robust noconstant
Linear regression
Nunber of obs
1,593
F(5, 1588)
3895.70
Prob > F
0.0000
R-squared
0.9255
Root MSE
353.16
Robust
size
Coefficient std. err.
t
P>|t|
(95% conf. interval)
hhinc
6.80 0.000
.004567
0006717
0032495
.0058845
owner
404.7925
442.6217
hhsizel
675.8086
24.24222
27.88 0.00
628.2585
723.3587
hhsize2
788.6606
36.47628
21.62
717.1138
860.2073
hhsize)
993.6609
58.63294
16.95
e.000
878.6548
1108.667
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Transcribed Image Text:Table 5 . regress size hhinc owner hhsizel hhsizez hhsize3, robust noconstant Linear regression Nunber of obs 1,593 F(5, 1588) 3895.70 Prob > F 0.0000 R-squared 0.9255 Root MSE 353.16 Robust size Coefficient std. err. t P>|t| (95% conf. interval) hhinc 6.80 0.000 .004567 0006717 0032495 .0058845 owner 404.7925 442.6217 hhsizel 675.8086 24.24222 27.88 0.00 628.2585 723.3587 hhsize2 788.6606 36.47628 21.62 717.1138 860.2073 hhsize) 993.6609 58.63294 16.95 e.000 878.6548 1108.667
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