The Auto Theft Rate (Number of Auto Thefts Known to the Police

question 32

Essay

The auto theft rate (number of auto thefts known to the police per 100,000 population),unemployment rate,and percent of the population consisting of adolescent and young adult males (ages 12 - 25)are presented below for a sample of 20 cities.Take auto theft rate as the dependent variable and conduct a full regression analysis for these three variables.

$\begin{array}{l}\begin{array}{lll}\underline {\text {City }}&\underline {\text { Auto Theft }}\\ \text { A } & 1500 \\\text { B } & 1200 \\\text { C } & 1000 \\\text { D } & 1800 \\\text { E } & 1000 \\\text { F } & 800 \\H & 600 \\\text { I } & 900 \\J & 1100 \\\text { K } & 1300 \\\text { L } & 1400 \\\text { M } & 2000 \\\text { N } & 1800 \\O & 100 \\\text { P } & 300 \\\text { Q } & 400 \\\text { R } & 900 \\\text { S } & 1000 \\\text { T } & 1500 \\\text { I } & 1500\end{array}\begin{array}{lll}\underline {\text { Unemployment }}&\underline {\text { \% Young Males }}\\8 & 10 \\10 & 8 \\9 & 16 \\12 & 20 \\9 & 12 \\5 & 8 \\4 & 7 \\5 & 6 \\9 & 12 \\10 & 15 \\12 & 5 \\14 & 14 \\15 & 18 \\9 & 10 \\5 & 14 \\5 & 18 \\8 & 10 \\10 & 20 \\11 & 18 \\16 & 16\end{array}\end{array}$

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Definitions:

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its expected useful life.

Intra-Entity Bonds

Intra-Entity Bonds refer to bonds issued between entities within the same corporate group, used for internal finance restructuring or other strategic purposes.

Amortization

The gradual write-off of the cost of an intangible asset over its useful life.

Public

Relating to the general population, or in financial contexts, referring to publicly traded companies accessible by investors.