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Suppose That in the Course of Testing Whether Age

question 29

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Figure
Suppose that in the course of testing whether Age and Family Size are jointly significant,you estimate the results in Figure 6.3.  SUMMARY OUTPUT  Regrestion Starittict  Muftiple R. 0.070494476 R Sequrt 0.004969471 Adigated R. Square 0.001879314 Standard Esror 4.819403326 Observations 970\begin{array}{lc}\text { SUMMARY OUTPUT }\\\\\\\hline\text { Regrestion Starittict } & \\\hline \text { Muftiple R. } & 0.070494476 \\\text { R Sequrt } & 0.004969471 \\\text { Adigated R. Square } & 0.001879314 \\\text { Standard Esror } & 4.819403326 \\\text { Observations } & 970 \\\hline\end{array}



 ANOVA dfS5MSF Signifieance F Regranion 3112.056601237.35220041.6081614420.185858614 Reaidual 96622436.9423723.22664841 Total 96922548.99897\begin{array}{l}\text { ANOVA }\\\begin{array}{lccccc}\hline & d f & S 5 & M S & F & \text { Signifieance } F \\\hline \text { Regranion } & 3 & 112.0566012 & 37.3522004 & 1.608161442 & 0.185858614 \\\text { Reaidual } & 966 & 22436.94237 & 23.22664841 & & \\\text { Total } & 969 & 22548.99897 & & & \\\hline\end{array}\end{array}


 Coeffeientt  Srandard Error  t Stat  P-value  Lower 9596 Upper 9596 Intercept 4.0499209821.0421073413.8862800640.0001087392.0048658446.094976119 Age 0.0156269840.0103654971.5073961190.1319848780.0047145040.035968471 Family Size 0.0930934630.0846023831.1003645520.2714474420.2591191030.072932177 Years of Education 0.0056420750.064745250.0871426850.9305761570.1214154760.132699626\begin{array}{lcccccc}\hline & \text { Coeffeientt } & \text { Srandard Error } & \text { t Stat } & \text { P-value } & \text { Lower } 9596 & \text { Upper } 9596 \\\hline \text { Intercept } & 4.049920982 & 1.042107341 & 3.886280064 & 0.000108739 & 2.004865844 & 6.094976119 \\\text { Age } & 0.015626984 & 0.010365497 & 1.507396119 & 0.131984878 & -0.004714504 & 0.035968471 \\\text { Family Size } & -0.093093463 & 0.084602383 & -1.100364552 & 0.271447442 & -0.259119103 & 0.072932177 \\\text { Years of Education } & 0.005642075 & 0.06474525 & 0.087142685 & 0.930576157 & -0.121415476 & 0.132699626 \\\hline\end{array}

 SUMALARY OUTPUT \text { SUMALARY OUTPUT }

 Regrestion Staritticz  Multiple R. 0.005034034 R Square 2.53415E05 Adjuted R. Square 0.00100769 Standard Error 4.826368211 Observations 970\begin{array}{lc}\hline \text { Regrestion Staritticz } & \\\hline \text { Multiple R. } & 0.005034034 \\\text { R Square } & 2.53415 \mathrm{E}-05 \\\text { Adjuted R. Square } & -0.00100769 \\\text { Standard Error } & 4.826368211 \\\text { Observations } & 970 \\\hline\end{array}0.1151706360.115170636


 ANOVA dfSSMSF Signffeance F Regresion 10.5714253850.5714253850.0245311910.875573561 Reiidual 96822548.4275423.29383011 Total 96922548.99897\begin{array}{l}\text { ANOVA }\\\begin{array}{lccccc}\hline & d f & S S & M S & F & \text { Signffeance } F \\\hline \text { Regresion } & 1 & 0.571425385 & 0.571425385 & 0.024531191 & 0.875573561 \\\text { Reiidual } & 968 & 22548.42754 & 23.29383011 & & \\\text { Total } & 969 & 22548.99897 & & & \\\hline\end{array}\end{array}

 Coefficienty  Standard Emor  t Star  P-value  Lower 9596 Upper 9596 Intercept 4.2888256450.7329662165.8513278666.66867E092.8504398065.727211483 Years of Education 0.0098505860.0628930640.1566243610.8755735610.1135718730.133273045 Figure 6.3\begin{array}{l}\begin{array}{lcccccc}\hline & \text { Coefficienty } & \text { Standard Emor } & \text { t Star } & \text { P-value } & \text { Lower } 9596 & \text { Upper } 9596 \\\hline \text { Intercept } & 4.288825645 & 0.732966216 & 5.851327866 & 6.66867 E-09 & 2.850439806 & 5.727211483 \\\text { Years of Education } & 0.009850586 & 0.062893064 & 0.156624361 & 0.875573561 & -0.113571873 & 0.133273045 \\\hline\end{array}\\\text { Figure } 6.3\end{array}
-When testing for the joint significance of Age and Family Size (Figure 6.3) ,the appropriate test statistic is


Definitions:

Hydroxyl Group

A functional group (-OH) consisting of an oxygen atom bonded to a hydrogen atom, found in alcohols and phenols.

Sodium Propanoate

A sodium salt of propanoic acid, used as a food preservative with the formula CH3CH2COONa.

Hydrobromic Acid

A strong acid consisting of hydrogen bromide in water, used in the synthesis of bromine compounds.

Benzoic Acid

An aromatic carboxylic acid with the formula C6H5COOH, used in the production of numerous industrial chemicals and as a food preservative.

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