I have to answer these questions in a way that I can write outin a word document. Previous answer make little sense. I need tointerpret (A) and I am just not understanding what the y interceptof -23 is indicating. I understand question b, not 100% on C pleasesee below:Â Â
A criminologist is interested in the effects of unemployment andpolicing on murder and has run the following multipleregression:
Summary Output |
Regression Statistics |
Multiple R | 0.90303 |
R Square | 0.815462 |
Adjusted R Square | 0.762737 |
Standard Error | 5.11041 |
Observations | 10 |
| Coefficients | Standard Error | t Statistic | P-value |
Intercept | –23.26309588 | 7.075518018 | –3.28783 | 0.013342 |
Unemployment rate | 10.27754326 | 2.172859937 | 4.729961 | 0.002133 |
Police per 100,000 | –0.046737101 | 0.023409765 | –1.99648 | 0.086065 |
a. What is the Y-intercept? Interpret your results.
b. Which variables are significant at the 0.05 level?
c. What is the predicted homicide rate for a city with anunemployment rate of 5% and 250 police officers per 100,000population?
