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QUESTION
Use the wine data set (in Excel Programs/Data) to estimate the effect of wine drinking on heart disease.
- Use the wine data set (in Excel Programs/Data) to estimate the effect of wine drinking on heart disease.
- What are â and ^β from the model
heart disease =α＋β(wine consumption)＋ϵ
- By how much does more wine drinking increase the incidence of heart disease? Discuss using the units of measurement in the data set (liters/year).
- What is the estimated standard error of ^β ? Would you say that the effect of wine consumption on heart disease is reasonably accurately measured?
- What is the interpretation of â in this model?
