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

Long-Term Care Reimbursement ( No Plagarism )
July 30, 2021
Describe Andrew Jackson’s war with the Second Bank of the United States. Be sure to include key people, events, and effects within your response.
July 30, 2021

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

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.

 

 

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.