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Regression Analysis Insights

This document describes a linear regression model (MOD_1) that uses year as an independent variable to predict three dependent variables: population (POP), infant mortality rate (ki), and GDP per capita (rgdpl). It provides the model summaries and parameter estimates for the regressions with POP and rgdpl as the dependent variables. Country is used as a dummy variable to label observations in plots. The time variable is years, and the dependent variables are collected annually for each country, with year as the independent variable.

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24 views5 pages

Regression Analysis Insights

This document describes a linear regression model (MOD_1) that uses year as an independent variable to predict three dependent variables: population (POP), infant mortality rate (ki), and GDP per capita (rgdpl). It provides the model summaries and parameter estimates for the regressions with POP and rgdpl as the dependent variables. Country is used as a dummy variable to label observations in plots. The time variable is years, and the dependent variables are collected annually for each country, with year as the independent variable.

Uploaded by

shags
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Solution

Model Description

Model Name MOD_1

Dependent Variable 1 POP

2 ki

3 rgdpl

Equation 1 Linear

Independent Variable year

Constant Included

Variable Whose Values Label Observations in Plots country

Model Summary and Parameter Estimates

Dependent Variable: POP

Model Summary Parameter Estimates

Equation R Square F df1 df2 Sig. Constant b1

inear .004 .838 1 208 .361 -526575.268 279.105

The independent variable is year.

Model Summary and Parameter Estimates

Dependent Variable: rgdpl

Model Summary Parameter Estimates

Equation R Square F df1 df2 Sig. Constant b1

Linear .095 21.854 1 208 .000 -451136.221 232.529


The independent variable is year.
A dummy variable is a statistical variable used to portray sample categories in regression

evaluation. A dummy variable is used in research design to differentiate distinct therapy groups.

In the simplest scenario, when they're in the control group or 1 when they're in the handled group,

we can use a 0,1 dummy variable where a person is given 0. Dummy variables are helpful since

they allow us to describe distinct groups with just a single regression model. This implies that with

every subset we don't have to write distinct equation models. The nation sort in this situation is the

dummy variable.

The time variable is years. The dependent variables are collected over years for each country,

making the independent variable to be the years. All variables are important since they help in

classifying the data in the appropriate subgroup for comparison. The regression for the given data

can therefore be conducted.

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