Regression Model-课程.ppt

Tips If the sample collection is done as per the statistical guideline (several random procedures) then sample regression line can be a representative of population regression line. Our target is to estimate the population regression line from a sample regression line. Hypothesis Setting Null hypothesis : B1=0 Alternative hypothesis: B1≠0 Since the direction of alternative hypothesisis is ≠, meaning that we assume that there exists a relationship between independent variable (X1 should be here) with dependent variable (Y here) in the population. But it can not say whether the relationship is negative or positive. This direction ≠ is a two tail hypothesis. Null hypothesis : B1=0 Alternative hypothesis: B10 But if we set hypothesis as above, then we assume that in the population, there exists a negative relationship between X1 and Y as the direction in alternative hypothesis is . It requires one tail test. ` Residual Analysis DATASample size is 35 taken from population DATA DATA Regression Output Few things t- statistics= Coeffient / standard error t-statistics (absolute value) and p values always move in opposite direction OutputActual Y, Fitted Y, Residual and its plotting OutputActual Y, Fitted Y, Residual and its plotting Actual Y, Fitted Y and Residual Sample residual Assumption No. 4 Sign of the coefficients Our sample model: Y=bo+b1x1+b2x2+b3x3+e Sign we expected after estimation as follows: Y=bo - b1x1 + b2x2 - b3x3 Decision : The outcome did not match with our expectation. So assumption 4 is violated. References Essentials of Econometrics by Damodar Gujarati, McGraw Hill Publication. Basic Econometrics by Damodar Gujarati, McGraw Hill Publication. An Introduction to Econometrics by Cheng Ming Yu, Sayed Hossain and Law Siong Hook. McGraw Hill Publication. * * * * * * * * * * * * * * * * * * * * * * * 0.923368 1 17886 1.03 1500 0.076632 20 1.0259 0.6 15634 0.93 630.6 -0.4259 19 1.019018 0.6 18023 0.93 510.1 -0.41902 18 0.868503