A researcher is interested in developing a model that describes the gas mileage, measured in miles per
Question:
A researcher is interested in developing a model that describes the gas mileage, measured in miles per gallon (mpg), of automobiles. Based on input from an engineer, she decides that the explanatory variables might be engine size (liters), curb weight (pounds), and horsepower. From a random sample of 13 automobiles, she obtains the following data:
(a) Find the least-squares regression equation
yÌ… = b0 + b1x1 + b2x2 + b3x3, where x1 is engine size, x2 is
curb weight, x3 is horsepower, and y is the response variable, miles per gallon.
(b) Use a partial F-test to determine whether engine size and curb weight do not significantly help to predict the response variable, miles per gallon.
(c) Use forward selection, backward elimination, or stepwise regression to identify the best model in predicting asking price.
(d) Draw residual plots, a boxplot of residuals, and a normal probability plot of residuals to assess the adequacy of the model found in part (c).
(e) Interpret the regression coefficients for the least-squares regression equation found in part (c).
(f) Construct 95% confidence and prediction intervals for the gas mileage of an automobile that weighs 3100 pounds, has a 2.5-liter engine, and 200 horsepower. Interpret the results.
Step by Step Answer:
Statistics Informed Decisions Using Data
ISBN: 9780134133539
5th Edition
Authors: Michael Sullivan III