The regression output is reported in Table 4. Why does Stata omit hhsize3? Would it make any difference if Stata omitted hhsize3 instead of hhsize1? Table 4regress size hhinc ownerhhsizel hhsize2 hhsize3, robustLinear regressionNumber of obs5,407F(4, 5402)877.84Prob > F0.0000%3DR-squared0.4269Root MSE348.5%3DRobustsizeCoefficientstd. err.P>|t|[95% conf. interval]hhinc.005163000497610.380.000.0041875.0061384owner374.504910.6921935.030.000353.5439395.4659hhsize1-282.449522.50563-12.550.000-326.5696-238.3294hhsize2-152.953320.30738-7.530.000-192.764-113.1426hhsize3(omitted)_cons930.348929.3455631.700.000872.8197987.878

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Answered: The regression output is reported in…

The regression output is reported in Table 4. Why does Stata omit hhsize3? Would it make any difference if Stata omitted hhsize3 instead of hhsize1?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 8PT: Does Table 1 represent a linear function? If so, finda linear equation that models the data.

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Question

The regression output is reported in Table 4. Why does Stata omit hhsize3? Would it make any difference if Stata omitted hhsize3 instead of hhsize1?

Table 4
regress size hhinc owner
hhsizel hhsize2 hhsize3, robust
Linear regression
Number of obs
5,407
F(4, 5402)
877.84
Prob > F
0.0000
%3D
R-squared
0.4269
Root MSE
348.5
%3D
Robust
size
Coefficient
std. err.
P>|t|
[95% conf. interval]
hhinc
.005163
0004976
10.38
0.000
.0041875
.0061384
owner
374.5049
10.69219
35.03
0.000
353.5439
395.4659
hhsize1
-282.4495
22.50563
-12.55
0.000
-326.5696
-238.3294
hhsize2
-152.9533
20.30738
-7.53
0.000
-192.764
-113.1426
hhsize3
(omitted)
_cons
930.3489
29.34556
31.70
0.000
872.8197
987.878

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