Examine the following two sets of data: When x2 1 When x2 0 x1 y
Question:
Examine the following two sets of data:
When x2 1 When x2 0 x1 y x1 y 1 2 2 3 4 15 3 9 5 23 6 5 7 52 7 10 8 60 9 48 12 154 10 50 11 122 14 87 14 200 13 51 19 381 16 63 20 392 21 202
a. Produce a distinguishable scatter plot for each of the data sets on the same graph. Does it appear that there is interaction between x2 and the relationship between y and x1? Support your assertions.
b. Consider the following model to represent the relationship among y, x1, and x2:
yi = b0 + b1x1 + b2x21
+ b3x1x2 + b4x21 x2 + e Produce the estimated regression equation for this model.
c. Conduct a test of hypothesis for each interaction term. Use a significance level of 0.05 and the p-value approach.
d. Based on the two hypothesis tests in part
c, does it appear that there is interaction between x2 and the relationship between y and x1? Support your assertions.
Step by Step Answer:
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry