MGT 6203-MIDTERM exam– SOLUTION KEY CODING -with verified answers-2022 .Q21) Please estimate a linear regression model (using the lm function) with Personal as the dependent variable and Room.Bo... ard as the independent variable. What are the model’s R- squared and adjusted R-squared values? a) 0.00549, 0.048 b) 0.0143, 0.022 c) 0.0398, 0.0385 d) 0.0325, 0.0336 Answer: C (Week 1 Lesson 4) ## F-statistic: 32.1 on 1 and 775 DF, p-value: 2.065e-08 Q22)Based on the linear-linear regression model in the previous question (with Personal as the dependent variable and Room.Board as the independent variable), fit three nonlinear models using those two variables. Based on their adjusted R-squared values, which one of the four models is most appropriate to use? a) Log-Linear b) Log-Log CONTINUED........ [Show More]
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