Economics 2182A/B Lecture Notes - Lecture 7: Ordinary Least Squares, List Of Statistical Packages, Reference Group
19 Nov 2018
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Is it statistically significant: a: 579446, since p-value < 0. 05 (0. 0002), it is statistically significant, on gretl it will help you out even further if you see ***, it means it is very significant. If you see **, it is fairly significant (about 5% level). Why: the best players tend to have the ball more than less significant players, which also increases their number of turnovers. If a player has the same number of ppg, rpg, and apg, how does turnovers affect salary: this time, turnovers have a significant negative effect on salary, coefficients. If with the same data we include c in the regression and use sg as the reference group, the coefficient would be. If sf earn 150 more than c, when sg is the reference category, the number in front of sf should be 50. How to run a regression manually: tools > gretl console.
