STATISTICS-Running a regression model where crime rate (crimrate) is the dependent variable and percent poor (poverty) is the independent variable.

Do you require help with your paper? Use our custom writing service to achieve better grades and meet your deadlines. Trust our team of writing experts with your work today, and enjoy peace of mind.


Order a Similar Paper Order a Different Paper

For this homework, you are to use the dataset, crime.dta.  The data contains state-level information on crime rates and other related variables. For this exercise, you will use the variables crimrate (crimes per 10,000 persons) and poverty (percent population in poverty).

 

Run a regression model where crime rate (crimrate) is the dependent variable and percent poor (poverty) is the independent variable.

 

FORMULAS AND CALCULATIONS MUST BE SHOWN.

 

a.  Interpret the R2

 

b.  Interpret the value of the slope coefficient on the variable poverty.

 

c.  Interpret the value of intercept term (or constant).

 

d.  Conduct a significance test on the slope coefficient. Is it significant?  In your answer, please write out the null and alternative hypotheses, the test statistic, p-value and alpha.

 

 

"Is this question part of your assignment? We can help"

ORDER NOW
Writerbay.net

Do you need help with this or a different assignment? We offer CONFIDENTIAL, ORIGINAL (Turnitin/LopesWrite/SafeAssign checks), and PRIVATE services using latest (within 5 years) peer-reviewed journal articles. Kindly click on ORDER NOW to receive an A++ paper from our masters- and PhD writers.

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper