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Lab1_2012_due_2_16

# Lab1_2012_due_2_16 - Lab#1 Spring 2012(25 points GEO...

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Lab#1, Spring 2012 (25 points) GEO 4167/GEO 6161 Intermediate Quantitative Methods (Fik) Name: _____________________________________ Score: ___________ Instructions: Complete this lab to the best of your abilities. Attach your work sheets, relevant computer output, results, and write-up to this cover sheet. Try to minimize paper usage (so edit, cut, paste, and minimize accordingly). Be sure to discuss your findings in sufficient detail. Use this sheet as a cover page. You may submit your lab in hardcopy form or as a digital file (.doc/.docx or .pdf please) via e-mail to . Lab #1: Regression Model & Diagnostics Objective: Find a model that best explains the variation in a dependent variable -- monthly mortgage payment Y (in \$) -- by running and comparing a series of ordinary least-squares (OLS) regressions. Assume that the dependent variable Y (the monthly mortgage payment in \$, not including escrow payments, insurance, or taxes) is a function of household disposable (after-tax) income X1 (x\$1,000; rounded to the nearest thousand), square

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Lab1_2012_due_2_16 - Lab#1 Spring 2012(25 points GEO...

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