Homework Help is Here – Start Your Trial Now!
Math
Statistics
The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data. If we wanted to test for hetero

The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data. If we wanted to test for hetero

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
17) The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data. If we wanted to test for heteroscedasticity, what is the test statistic? (please round your answer to 2 decimal places) **I explicitly need to know the test statistic**
Regression Statistics Multiple R R Square Adjusted R Square Standard Error 0.846 0.715 0.653 872.9 Observations 49 ANOVA df SS MS Regression 6. Significance F 76575468 8508385 11.2 Residual 1.03933E-08 40 30479336 761983 Total 49 107054804 Coefficients Standard Error t Stat P-value Intercept MSRP_Amt 17270.81 2684.71 6.43 0.00 0.35 0.06 Manual 5.55 0.00 384.14 309.31 Convertible 1.24 0.22 -814.13 375.34 -2.17 0.04 VIN8_6Cylinder Mileage_Sale ModelYearAge_Months CondReptAmt RepairAmt InventoryAge_Days -637.40 452.57 -1.41 0.17 -64.41 14.82 -4.35 0.00 -276.45 41.09 -6.73 0.00 -0.50 0.49 -1.02 0.31 1.52 0.70 2.17 0.04 -7.91 10.17 -0.78 0.44 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square 0.724 0.524 0.423 Standard Error 1622.0 Observations 52 ANOVA df MS Significance F Regression Residual 116147955 12905328 4.90 0.000104741 40 105247338 2631183 Total 49 221395293 Coefficients Standard Error t Stat P-value Intercept MSRP_Amt 13992.20 3169.78 4.41 0.00 0.19 0.07 2.72 0.01 Manual 629.14 459.84 1.37 0.18 Convertible -920.90 1060.78 -0.87 0.39 VIN8_6Cylinder Mileage_Sale ModelYearAge_Months CondReptAmt RepairAmt InventoryAge_Days -1251.81 752.26 -1.66 0.10 -49.71 13.24 -3.75 0.00 -153.04 55.28 -2.77 0.01 -0.49 0.32 -1.53 0.13 -1.09 1.09 -0.99 0.33 -19.88 7.84 -2,54 0.01
Transcribed Image Text:Regression Statistics Multiple R R Square Adjusted R Square Standard Error 0.846 0.715 0.653 872.9 Observations 49 ANOVA df SS MS Regression 6. Significance F 76575468 8508385 11.2 Residual 1.03933E-08 40 30479336 761983 Total 49 107054804 Coefficients Standard Error t Stat P-value Intercept MSRP_Amt 17270.81 2684.71 6.43 0.00 0.35 0.06 Manual 5.55 0.00 384.14 309.31 Convertible 1.24 0.22 -814.13 375.34 -2.17 0.04 VIN8_6Cylinder Mileage_Sale ModelYearAge_Months CondReptAmt RepairAmt InventoryAge_Days -637.40 452.57 -1.41 0.17 -64.41 14.82 -4.35 0.00 -276.45 41.09 -6.73 0.00 -0.50 0.49 -1.02 0.31 1.52 0.70 2.17 0.04 -7.91 10.17 -0.78 0.44 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square 0.724 0.524 0.423 Standard Error 1622.0 Observations 52 ANOVA df MS Significance F Regression Residual 116147955 12905328 4.90 0.000104741 40 105247338 2631183 Total 49 221395293 Coefficients Standard Error t Stat P-value Intercept MSRP_Amt 13992.20 3169.78 4.41 0.00 0.19 0.07 2.72 0.01 Manual 629.14 459.84 1.37 0.18 Convertible -920.90 1060.78 -0.87 0.39 VIN8_6Cylinder Mileage_Sale ModelYearAge_Months CondReptAmt RepairAmt InventoryAge_Days -1251.81 752.26 -1.66 0.10 -49.71 13.24 -3.75 0.00 -153.04 55.28 -2.77 0.01 -0.49 0.32 -1.53 0.13 -1.09 1.09 -0.99 0.33 -19.88 7.84 -2,54 0.01
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS