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Students allows to use statistical software to conduct the analysis. Answer or report is expected in Ms. Word or any
equivalent software for writing documents.
QUESTIONS
1. Based on Appendix 1:
a. Conduct correlation analysis by using correlation matrix.
b. Conduct regression analysis based on following model,
wage = educ + exeer + tenure
Explain and interpret the regression result or summary.
c. Conduct regression analysis based on following model,
log(wage) = educ + exeer + tenure
Explain and interpret the regression result or summary.
2. Explain the data type that can be used for non-parametric analysis. Make one simple example which can be
explained by using parametric and non-parametric analysis.
3. Explain the required assumptions for ordinary least squares technique is appropriate to
conduct multiple linear regression.
ndix 1:
tion analysis by using correlation matrix.
ion analysis based on following model,
eer + tenure
et the regression result or summary.
ion analysis based on following model,
exeer + tenure
et the regression result or summary.
a type that can be used for non-parametric analysis. Make one simple example which can be
parametric and non-parametric analysis.
quired assumptions for ordinary least squares technique is appropriate to
near regression.