Managerial Homework Magagerial Economic MBA 645

SoccerBoss
Category:
Economics
Price: $30 USD

Question description

a.  Does this regression equation provide evidence of a statistically significant relation between voter support for Proposition 103 in a county and changes in average auto premiums affected by Proposition 103 in that county? Perform an F-test at the 95 percent level of confidence.

b.  Test the intercept estimate for significance at the 95 percent confidence level. If Proposition 103 has no impact on auto insurance premiums in any given county, what percent of voters do you expect will vote for the proposition?

c.  Test the slope estimate for significance at the 95 percent confidence level. If P increases by 10 percent, by what percent does the vote for Proposition 103 decline?


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Duke University
PREMIUM TUTOR
Studypool has helped 1,244,100 students
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1821 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors