Angela Chou has been asked to investigate the determinants of poverty in Ontario communities.
She collected data on 60 communities from Statistics Canada. She selected the percentage of poor
Persons living under the poverty line [Poor (%) ], measured by Low Income Cut-Off, designed by
Statistics Canada as a measure of poverty for a community, as the dependent variable. The
Independent variables selected are percent of single families in each community, the
Unemployment rate in each community, percent of population in the community holding a bachelor's
Degree as their highest level of education attained, and percent of population holding a High
School Diploma as their highest level of education attained.
Determine the regression equation.
A) Poor (%) = -3.81 - 0.798 Single-Families (%) + 0.624 Unemployment Rate (%) - 0.170 Bachelor's Degree (%) - 0.003 High School (%)
B) Poor (%) = -3.81 + 0.798 Single-Families (%) + 0.624 Unemployment Rate (%) + 0.170 Bachelor's Degree (%) + 0.003 High School (%)
C) Poor (%) = 3.81 + 0.798 Single-Families (%) + 0.624 Unemployment Rate (%) - 0.170 Bachelor's Degree (%) - 0.003 High School (%)
D) Poor (%) = -3.81 + 0.798 Single-Families (%) + 0.624 Unemployment Rate (%) - 0.170 Bachelor's Degree (%) - 0.003 High School (%)
E) Poor (%) = 3.81 + 0.798 Single-Families (%) - 0.624 Unemployment Rate (%) + 0.170 Bachelor's Degree (%) - 0.003 High School (%)
Correct Answer:
Verified
Q9: How is the Y intercept in the
Q10: i. A multiple regression equation defines the
Q11: A manager at a local bank analyzed
Q12: i. Autocorrelation often happens when data has
Q13: Angela Chou has been asked to investigate
Q15: Angela Chou has been asked to investigate
Q16: i. The values of b1, b2 and
Q17: Angela Chou has been asked to investigate
Q19: i. Violating the need for successive observations
Q43: Multiple regression analysis is applied when analyzing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents