Explanation correctly and in detail Q)What are the uses for hierarchical multiple regression
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Explanation correctly and in detail
Q)What are the uses for hierarchical multiple regression?
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- Canvas -→ X C0| ® E Exhibit 6 Part of an Excel regression output relating salary for programmer (dependent variable) with three independent variables: Test score, Graduate Degree, and Experience is shown below. Coeffic. Std. Err. t Stat P-value Intercept 7.9448 7.3808 1.0764 0.2977 Test Score 1.1476 0.2976 4.8561 0.0850 Grad. 0.1969 0.0899 2.1905 0.0011 Degree Experience -2.2804 1.9866 -1.0479 0.3679 Refer to Exhibit 6. Based on the Excel output, at 95% confidence (alpha = 0.05) which of the independent variables in the output contributes significantly to explain salary? O Experience Grad Degree Intercept Test scoreChoice which one is the correct answer pleaseFind the value of regression
- TOPIC: Linear Regression please answer, will upvote your solutions.Using R-Studio, estimate a regression equation to determine the effect of the real interest rates, the exchange rate and the GDP growth rate on the Merchandise trade (% of GDP). (All codes and regression output should be provided). NOTE: R-Studio should only be used for obtaining the regression output and the regression equation. (i) Write down the regression equation. Year Merchandise trade (% of GDP) Real interest rates (%), GDP growth (annual %) Official exchange rate (per US$). 2000 150.28 10.05 -1.4 182.43 2001 149.12 16.63 2.3 187.32 2002 144.60 13.36 1.1 190.67 2003 146.56 9.81 -0.6 193.88 2004 157.91 7.27 1.6 198.31 2005 162.57 6.42 -2 199.88 2006 62.06 -58.33 5.1 200.19 2007 63.64 5.91 7.2 202.35 2008…4) How to conduct multiple regression in Excel (Provide the steps)? Driving Experience (years) Monthly Auto Insurance Premium 5 $64 2 87 12 50 9 71 15 44 6 56 25 42 16 60 Does the insurance premium depend on the driving experience or does the driving experience depend on the insurance premium? Do you expect a positive or a negative relationship between these two variables?
