Mathematics, 22.12.2021 08:20 TeknoDemon7568

Economists believe that higher levels of adult educational attainment contribute to higher levels of GDP per capita. To analyze this belief you decide to estimate a regression of GDP per capita (y) on the educational attainment (x). You collect the data for a random sample of 15 countries. The data for each country include GDP per capita measured in $ and the educational attainment measured as the average year of total schooling for a person of 15 years and older. Using the data, you estimate the regression equation and, testing the significance of the slope, you find that the p-value equals 0.0127 (think about the p-value for the slope from the Excel output). Required:
At a 5% significance level, what can you conclude based on the p-value?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:30, leeenaaa95

On a architect's drawing of a house, 1 inche representa 1.5

Answers: 1

continue

Mathematics, 21.06.2019 20:30, attp203

Martha has a deck of cards. she has lost some of the cards, and now the deck only contains nine spades, eleven diamonds, eight clubs, and twelve hearts. martha predicts that whenever she draws a card from the deck without looking, she will draw a club one-fifth of the time. which activity would best allow martha to test her prediction? a. randomly draw a card from the box and see if it is a club. b. randomly draw a card. then, continue to draw another card until all eight clubs are drawn. c. randomly draw and replace a card 120 times. then, observe how close to 30 times a club is drawn. d. randomly draw and replace a card 100 times. then, observe how close to 20 times a club is drawn.

Answers: 3

continue

Mathematics, 21.06.2019 21:00, Rebelyfe4175

Meghan has created a diagram of her city with her house, school, store, and gym identified. a. how far is it from the gym to the store? b. meghan also wants to walk to get some exercise, rather than going to the gym. she decides to walk along arc ab. how far will she walk? round to 3 decimal places.

Answers: 2

continue

Mathematics, 21.06.2019 21:00, mayavue99251

If 30 lb of rice and 30 lb of potatoes cost ? $27.60? , and 20 lb of rice and 12 lb of potatoes cost ? $15.04? , how much will 10 lb of rice and 50 lb of potatoes? cost?

Answers: 1

continue

You know the right answer?

Economists believe that higher levels of adult educational attainment contribute to higher levels of...