are106-homework-3-key

are106-homework-3-key - AK ARE 1 06 h omework 3 1 . d...

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AK ARE 106 homework 3 1. data/read for specific details: DATA3-2: Aggregate personal income and expenditures on health care, both measured in billions of dollars, 1993, for U.S. States and D.C. Source: exph1th 1995 Statistical Abstrqct the U.S. Personal Health Care ~penditures, Table 153, Page Ill, Range 0.998 - 94.178. income Personal Income, Table 712, Page 460, Range 9.3 - 64.1. a . This data is cross sec on data. The is measured dollars at a given not overtime like time series would be. Summary statistics, using the observations 1 - 51 variable 'exphlth' (51 valid observations) Mean Median Minimum Maximum Standard deviation C.V. Skewness Ex . kurtosis 15.265 10.066 0.99800 94.178 17 . 888 1.1718 2.4497 6.8380 The mean care expenditures is 15.265 and standard is 17.888 dollars . variable 'income' (51 Maximum Ex . 105.13 64.100 9.3000 683.50 125.30 1.1918 2.5931 8.0094 for income is 105.13 dollars and is 125.30 dollars. b. Modell: OLS, observations 1-51 Dependent variable: exphlth coefficient std. error const 15.2649 2.50478 6.094 t-ratio p-va1ue 1.56e- 07 *** Mean dependent var 15.26494 S.D. dependent var 17.88771
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Sum squared resid R-squared Log-likelihood Schwarz criterion 15998.52 S.E. of regression 17.88771 0.000000 Adjusted R-squared 0.000000 -218.9507 Akaike criterion 439.9014 441.8333 Hannan-Quinn 440.6396 \'~ gow\,'1 \1) ~bh~ /1A I f\ \fool l \-\A, \ ~ 'M- oJ,t.Q ( l),\ ~ C 0Vls-t .3 0 \flO S \ V\ Ce>{V\.e IV\. ~IS ~w-t:-S:s"CV\) e.x r Y\ l \" \I ~ 0( \YOM ~vtA-\ -y\t\ \$ \1\)\\\ \/\.e Sul-\- \ /' exp~\th:= \ 5, 'LCoLt q [ [, t Oq 4)~ t-Sw"ShL \1 \ 1SQ t 2.
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This note was uploaded on 05/18/2010 for the course ARE ARE106 taught by Professor Constantine during the Winter '09 term at UC Davis.

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are106-homework-3-key - AK ARE 1 06 h omework 3 1 . d...

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