What are the regression equations? Explain the economic meanings of estimated coefficients. Does the regression
- What are the regression equations? Explain the economic meanings of estimated coefficients.
- Does the regression make sense? Are the coefficients what you would expect, and in reasonable magnitudes?
- Examine the residual plots. Why do we look at them? What do these plots tell you about the regression? What problems might this regression have? Why?
- Examine the line fit plots. Explain the plots carefully. Why aren't they straight lines? Is this a problem?
Price: $16.6
Solution: The downloadable solution consists of 11 pages, 560 words and 13 charts.
Deliverable: Word Document
Deliverable: Word Document
