Suppose that a regional express delivery service company wants to estimate the cost of shipping a package
Question:
a. Estimate an appropriate multiple regression equation to predict the cost of shipping a given package.
b. Interpret the ANOVA table for this model. In particular, do the explanatory variables included in your equation in part a provide at least some power in explaining the variation in shipping costs? Report a p-value for this hypothesis test.
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Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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