# Economics 301 Regresion Analysis | StudyDaddy.com

The study was based on the correlation of unemployment and crime. Needs to utilize an excel document in this analysis.

Submit 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

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 ¹ 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.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.