In Problem 13.5 on page 470, the percentage of alcohol and chlorides were used to predict the
Question:
In Problem 13.5 on page 470, the percentage of alcohol and chlorides were used to predict the quality of red wines (stored in VinhoVerde). Develop a regression model that includes the percentage of alcohol, the chlorides, and the interaction of the percentage of alcohol and the chlorides to predict wine quality.
a. At the 0.05 level of significance, is there evidence that the interaction term makes a significant contribution to the model?
b. Which regression model is more appropriate, the one used in this problem or the one used in Problem 13.5? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
a Coefficients Standard Error t Stat Pvalue Intercept 75904 35598 21323 00384 alcohol 01321 034...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
Question Posted:
Students also viewed these Statistics questions
-
Today identified the top accounting firms in 10 geographic regions across the United States. All 10 regions reported growth in 2014. The Southeast and Gulf Coast regions reported growth of 1236% and...
-
A manufacturing company produces electrical insulators. If the insulators break when in use, a short circuit is likely to occur. To test the strength of the insulators, destructive testing is carried...
-
In Problem 12.4 on page 423, the percentage of alcohol was used to predict wine quality (stored in VinhoVerde). For those data, SSR = 21.8677 and SST = 64.0000. a. Determine the coefficient of...
-
In Exercises 1126, determine whether each equation defines y as a function of x. x + y = 16
-
Taking an exam can be considered a game. Describe a rule, a strategy, and payoff for this game.
-
John can run 6.0 m/s. Marcia can run 15% faster than John. (a) By what distance does Marcia beat John in a 100-m race? (b) By what time does Marcia beat John in a 100-m race?
-
McDeer Equipment Company manufactures farm equipment. It has fifty co-owned dealership subsidiaries. McDeer owns 75 percent of each, and the local operator has a 25 percent equity interest. McDeer...
-
Haas Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, 2015. The company president formed a planning...
-
1. You are given the accompanying information: Budgeted Actual Fixed overhead for July ' 60,000 ' 90,200 Units of creation in July 7,000 2,200 Standard time for one unit 4 hours Genui...
-
Below is the gist of an article from BusinessWeek. After reading it: a. identify the broad problem area b. explain how you would proceed further. Two years ago, Electronic Arts, the second-largest...
-
In Problem 13.6 on page 470, you used the total worldwide revenue ($ millions) and full time voluntary turnover (%) data stored in BestCompanies to predict number of full time jobs added. Develop a...
-
In Problem 13.7 on page 470, you used the total staff present and remote hours to predict standby hours stored in Standby. Develop a regression model to predict standby hours that includes total...
-
A company issued five-year, 5% bonds with a par value of $100,000. The company received $95,735 for the bonds. Using the straight-line method, the companys interest expense for the first semiannual...
-
Small firms tend to raise funds from private investors and venture capitalists. As these firms grow larger, they focus more on raising capital from the organized capital markets. Explain why this...
-
he purpose of the discussion board is to frame and promote collaborative learning. Active participation is required for successful completion of the course and for your learning. Choose a training...
-
Can you elaborate on the role of smart grid technologies and demand-side management strategies in facilitating the integration of intermittent renewable energy sources, such as wind and solar power,...
-
From early on in childhood through today I consider myself a part of the art culture community. I grew up with a creative family in many different areas of art and creativity. In my childhood it was...
-
Discuss how you have used the decision tree analysis tool for your own personal decision-making, and identify any benefits you gained from using this approach in evaluating your opportunity. Be...
-
Ammonia can be synthesized according to the reaction: A 200.0-L reaction container initially contains 1.27 kg of N 2 and 0.310 kg of H 2 at 725 K. Assuming ideal gas behavior, calculate the mass of...
-
Which of the following gives the range of y = 4 - 2 -x ? (A) (- , ) (B) (- , 4) (C) [- 4, ) (D) (- , 4] (E) All reals
-
Which of these statements is false? For a cambered airfoil, a. the AC is where all changes in lift effectively take place. b. there is no pitching moment at the AC. c. the AC is located near 25% C...
-
Consider again the situation described in Exercise 24. This time, suppose that, for reasons unrelated to the values of the parameters, we cannot observe the values of Ynk+1, . . . , Yn. That is, we...
-
Suppose that X1, . . . , Xn form a random sample from an exponential distribution for which the value of the parameter is unknown. Determine the M.L.E. of the median of the distribution.
-
Suppose that the lifetime of a certain type of lamp has an exponential distribution for which the value of the parameter is unknown. A random sample of n lamps of this type are tested for a period...
-
In chapter 23, although there were many mistakes and broken systems with Socit Gnrale, what was the first breakdown of managerial responsibilities? Question 25 options: A) The chief risk manager...
-
Uncertainty in income tax expenses results from Multiple choice question. not filing tax returns until uncertainties are resolved. waiting for the IRS to complete the tax return. management taking a...
-
Ed placed 2 assets in service in 2023: May 21 - Computer equipment (5 yr property) at a cost of $5,000. June 5 - Office furniture (7 yr property) at a cost of $10,000 Ed does not elect sec. 179 or...
Study smarter with the SolutionInn App