Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. See Minitab output below: Question: a. Use the t test and a = 0.05 to test H 0 : b 1 = 0 and

1. See Minitab output below:

Question:
a. Use the t test and a = 0.05 to test H0: b1= 0 and H0: b2 = 0. (weight 20)
b. Determine the SSE value. (weight 10)
c. Determine the value of R2 and explain its meaning. (weight 10)

R2=Coefficient determination

2. Below is the estimation equation for multiple linear regression from 10 observations is as follows:

The SST and SSR values were 6724,125 and 6216,375, respectively.
Question:
a. Determine the SSE value. (weights 20)
b. Calculate R2. (weights 20)
c. Calculate the value of F and perform the F test using  = 0.05. (weights 20)

FIGURE DI6.Id The regression equation is Y - - 169 . 12.2 x - 0.177 XxsQ SE Coef 39.79 Predictor Coef T Constant -168.88 -4.74 0.024 12.187 2.663 4.58 0.020 XSQ -0.17704 0.04290 -4.13 0.026 S = 3.248 R-sq - 94.5 R-sq (adj) = 90.8 Analysis of Variance SOURCE DF MS Regression 2 541.85 270.92 25.68 0.013 Residual Error 3 31.65 10.55 Total 573.50

Step by Step Solution

3.53 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

Q1a Using t test to test for the significance of the coefficient H0 B1 0 Vs H1 B1 not 0 H0 B2 0 Vs H... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Statistics In Practice

Authors: Bruce Bowerman, Richard O'Connell

6th Edition

0073401838, 978-0073401836

More Books

Students also viewed these Finance questions