Build a model using Debt as the dependent variable and test the effect of Interest and Relative Inte

LABRADOR — Wed, 23 Mar 2022 16:30:31 GMT

Build a model using Debt as the dependent variable and test the effect of Interest and Relative Interest after controlling for Year and Budget. What is the unique variance explained by Interest and Relative Interest? For this problem use the GDP data.

3.7%

64.7%

12.8%

99.2%

        Interest         BEST12.
        'Relative Interest'n BEST12. ;
    INFORMAT
        Year             BEST12.
        GDP              BEST12.
        Budget           BEST12.
        Surplus          BEST12.
        'Relative Surplus'n BEST12.
        Debt             BEST12.
        Interest         BEST12.
        'Relative Interest'n BEST12. ;
    INFILE 'C:\Users\ssd506\AppData\Roaming\SAS\EnterpriseGuide\EGTEMP\SEG-5828-49c58181\contents\GDP-a3d169860cb14d7da79cda1e8cfaaaee.txt'
        LRECL=36
        ENCODING="WLATIN1"
        TERMSTR=CRLF
        DLM='7F'x
        MISSOVER
        DSD ;
    INPUT
        Year             : BEST32.
        GDP              : BEST32.
        Budget           : BEST32.
        Surplus          : BEST32.
        'Relative Surplus'n : BEST32.
        Debt             : BEST32.
        Interest         : BEST32.
        'Relative Interest'n : BEST32. ;
RUN;

What test should I run to do this?

Re: Build a model using Debt as the dependent variable and test the effect of Interest and Relative

PaigeMiller — Wed, 23 Mar 2022 17:19:01 GMT

What test should I run to do this?

First you have to decide what model to build and what algorithm to use to fit the model.

Tests are meaningless until you have fit the model, and the idea of testing requires an hypothesis to be clearly stated, which has not happened. (For example, you might want to test that the effect of Interest is zero or some other number ... but as I said, this has not been stated)

So how are you going to fit this model (what algorithm or what PROC)? What hypothesis are you going to test?

		3.7%
		64.7%
		12.8%
		99.2%

topic Re: Build a model using Debt as the dependent variable and test the effect of Interest and Relative in SAS Programming

Build a model using Debt as the dependent variable and test the effect of Interest and Relative Inte

Re: Build a model using Debt as the dependent variable and test the effect of Interest and Relative