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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.

x Independent Variable y Dependent 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 Favoring This 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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