Data were gathered from a simple random sample of cities. The variables are Violent Crime (crimes...

90.2K

Verified Solution

Question

Statistics

Data were gathered from a simple random sample of cities. Thevariables are Violent Crime (crimes per 100,000 population), PoliceOfficer Wage (mean $/hr), and Graduation Rate (%). Use theaccompanying regression table to answer the following questionsconsidering the coefficient of Police Officer Wage. Complete partsa through d.

Dependent variable is: Violent Crime

R squareds=39.8 % R squared (adjusted)equals=42.1% s=129.6 with37 degrees of freedom

Variable

Coeff

SE (Coeff)

t-ratio

P-value

Intercept

1388.04

185

.6

7.48

<

0.0001

Police Officer Wage

9.43

4

.271

2.21

0.0335

Graduation Rate

−16.54

2

.500

−6.62

<

0.0001

a) State the standard null and alternative hypotheses for thetrue coefficient of Police Officer Wage

A) Ho: βOfficer=0

HA: βOfficer>0

B. H0: β Officer does not equal≠0

HA: β Officer=0

C. H0: βOfficer =0

HA: βOfficer<0

D. H0: βOfficer=0

HA: βOfficer≠0 Your answer is correct.

b) What is the t-statistic corresponding to this test?

_______ (Type an integer or a decimal.)

Answer & Explanation Solved by verified expert
4.2 Ratings (593 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students