02 Oct Unemployment and Crime
36010Submit the results of your regression analysis for the demand function you are estimating for your term project. Include:
• The data used to estimate the demand model
• The results of the analysis, an analysis of the results
• Description of remaining issue that needs to be addressed before the final paper is submitted.
Using your inventory of data collected, you will estimate and perform various analyses which will lead you to an evaluation. At the conclusion of your analysis you will address how this example can inform other real-world decision making in other organizations as well as your own decision-making and management skills.
Statistical Analysis and Tests
1. Evaluate Adj R2.
2. Each variable (independent variables have to be tested by using t-test, so as to see whether each of the variables (exogenous or independent) that you have include in the function has an effect on the dependent variable (left hand side).
3. For t-test, the following steps should be followed:
(i) H0: β0 = 0
(Null hypothesis)
HA: β0 0
(Alternate hypothesis)
If t calculated > t table value (n-k) degrees of freedom
where:
n = # of observations
k = # of parameters, i.e. # of right hand side variables plus the constant
then H0 is rejected, i.e. the variable you are testing has an effect on the dependent variable.
4. Do F-test, by following these steps:
(i) H0: β0 = β1 = β2 = 0
(Null hypothesis)
HA: At least one β is not equal to zero
(Alternate hypothesis)
(ii) If F calculated > F table value
Then H0 is rejected, i.e. all the right-hand-side variables are important.
Attached is the example of regression analysis. For purpose of this paper, regression analysis needs to be performed on unemployment and crime.
Also attached is the 1st milestone paper I wrote on unemployment and crime. This regression analysis needs to flow with the Milestone 1 paper.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.