In Problem 14.7 on page 584, you used the total staff present and remote hours to predict

Question:

In Problem 14.7 on page 584, you used the total staff present and remote hours to predict standby hours (stored in Standby). Use the results from that problem.
a. At the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the most appropriate regression model for this set of data.
b. Compute the coefficients of partial determination, r2y1.2 and r2y2.1, and interpret their meaning.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

Question Posted: