Suppose you used MINITAB to fit the model y = b0 + b1 x1 + b2 x2

Question:

Suppose you used MINITAB to fit the model y = b0 + b1 x1 + b2 x2 + e to n = 15 data points and you obtained the printout below.

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a. What is the least squares prediction equation?

b. Find R2 and interpret its value.

c. Is there sufficient evidence to indicate that the model is useful in predicting y? Conduct an F-test, using a = .05.

d. Test the null hypothesis H0: b1 = 0 against the alternative hypothesis Ha: b1 0. Use a = .05. Draw the appropriate conclusions.

e. Find the standard deviation of the regression model and interpret it.

Step by Step Answer:

Related Book For  book-img-for-question

Statistics

ISBN: 9781292161556

13th Global Edition

Authors: James T. McClave And Terry T Sincich

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