1- Please help me choose the correct answer: Exhibit 16-2 In a regression model involving 30 observations, the following estimated regression equation was obtained. =
1- Please help me choose the correct answer:
Exhibit 16-2 In a regression model involving 30 observations, the following estimated regression equation was obtained. = 170 + 34x1 - 3x2 + 8x3 + 58x4 + 3x5 For this model, SSR = 1,740 and SST = 2,000. The degrees of freedom associated with SSR are _____.
a. 19
b. 5
c. 24
d. 6
2-
Exhibit 14-6 You are given the following information about x and y.
xIndependent Variable
yDependent Variable
4
12
6
3
2
7
4
6
Refer to Exhibit 14-6. The least squares estimate of b0 equals _____.
a. -11
b. 1
c. 11
d. -1
3-
The results of a recent poll on the preference of shoppers regarding two products are shown below.
Product
Shoppers Surveyed
Shoppers FavoringThis Product
A
700
490
B
800
496
The standard error of p1 - p2 is _____.
a. 0.0244
b. 100
c. 6
d. 0.283
4-
The manager of the service department of a local car dealership has noted that the service times of a sample of 14 new automobiles has a standard deviation of 4 minutes. A 95% confidence interval estimate for the variance of service times for all its new automobiles is _____.
a. 8.41 to 41.53
b. 1.05 to 5.19
c. 4 to 16
d. 2.10 to 10.38
5-
The following information was obtained from matched samples.
Individual
Method 1
Method 2
1
9
6
2
4
7
3
8
6
4
5
8
5
4
8
The 95% confidence interval for the mean of the population of differences (Method 1 - Method 2) is _____.
a. -5.498 to 3.498
b. -4.089 to 2.089
c. 0 to 5.023
d. -5.023 to 3.023
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