Refer to the data in Table 12-13 on order fulfillment time. (a) You decide to develop a
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Refer to the data in Table 12-13 on order fulfillment time.
(a) You decide to develop a regression model using order value, number of products, and location of the retailer as predictors. Find the model equation.
Is it significant at α= 0.05?
(b) What is R2 and interpret its value relative to that in Exercise 12-12, part (b).
(c) Are all the predictors significant in the presence of others? Use α= 0.05.
(d) What can you comment regarding the models for locations A and C?
(e) Interpret the model coefficients of that for location B.
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Related Book For
Fundamentals Of Quality Control And Improvement
ISBN: 9781119692331
5th Edition
Authors: Amitava Mitra
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