Question
1.If you find that r = .646, you know that: Select one: a.The proportion of total variation that can be explained is 64.6% b.The proportion
1.If you find thatr= .646, you know that:
Select one:
a.The proportion of total variation that can be explained is 64.6%
b.The proportion of total variation that can be explained is 41.7%
c.The proportion of total variation that cannot be explained is 41.7%
d.The proportion of total variation that cannot be explained is 64.6%
2.You want to estimate how much customers spend in dollars after visiting your website. You collect data from a simple random sample of 50 customers. Does the regression model using the total number of minutes spent on the website and the total number of pages viewed as predictors for the amount that is spent a good model?
Select one:
a.Yes, becausep< .05
b.No, becausep< .05
c.Yes, becausep> .05
d.No, becausep> .05
3.You want to estimate how much customers spend in dollars after visiting your website. You collect data from a simple random sample of 50 customers to investigate the statistical significance of a regression model using the total number of minutes spent on the website and the total number of pages viewed as predictors for amount spent a good model? Which of the following statements is the most accurate interpretation of the results?
Select one:
a.Overall, the model is useful becausep< .05
b.Overall, the model is useful but amount of time spent is the best predictor
c.
Overall, the model is useful but number of pages viewed is the best predictor
d.Overall, the model is useful becausep> .05
4.You want to estimate how much customers spend in dollars after visiting your website. You collect data from a simple random sample of 50 customers to investigate the statistical significance of a regression model using the total number of minutes spent on the website and the total number of pages viewed as predictors for amount spent a good model? How much of the variation in sales is explained by this model?
Select one:
a.
53.9%
b.The model is not useful
c.55.8%
d.
74.7%
WEBSITE VISITS DATA
Customer | Day | Browser | Time (min) | Pages Viewed | Amount Spent ($) |
1 | Mon | Internet Explorer | 12.0 | 4 | 54.52 |
2 | Wed | Other | 19.5 | 6 | 94.90 |
3 | Mon | Internet Explorer | 8.5 | 4 | 26.68 |
4 | Tue | Firefox | 11.4 | 2 | 44.73 |
5 | Wed | Internet Explorer | 11.3 | 4 | 66.27 |
6 | Sat | Firefox | 10.5 | 6 | 67.80 |
7 | Sun | Internet Explorer | 11.4 | 2 | 36.04 |
8 | Fri | Firefox | 4.3 | 6 | 55.96 |
9 | Wed | Firefox | 12.7 | 3 | 70.94 |
10 | Tue | Internet Explorer | 24.7 | 7 | 68.73 |
11 | Sat | Other | 13.3 | 6 | 54.04 |
12 | Sun | Firefox | 14.3 | 5 | 48.05 |
13 | Sun | Other | 11.7 | 7 | 64.16 |
14 | Mon | Firefox | 24.4 | 10 | 158.51 |
15 | Fri | Internet Explorer | 8.4 | 3 | 84.12 |
16 | Thu | Internet Explorer | 9.6 | 4 | 59.20 |
17 | Thu | Internet Explorer | 23.3 | 7 | 91.62 |
18 | Mon | Internet Explorer | 14.0 | 7 | 126.40 |
19 | Fri | Other | 5.6 | 4 | 68.45 |
20 | Wed | Internet Explorer | 15.1 | 5 | 32.69 |
21 | Sat | Firefox | 16.3 | 5 | 78.58 |
22 | Tue | Internet Explorer | 10.2 | 6 | 74.43 |
23 | Sun | Internet Explorer | 8.0 | 3 | 32.73 |
24 | Tue | Firefox | 8.0 | 2 | 48.66 |
25 | Fri | Firefox | 9.6 | 3 | 54.66 |
26 | Wed | Internet Explorer | 11.0 | 2 | 40.54 |
27 | Sat | Internet Explorer | 16.9 | 5 | 34.69 |
28 | Sat | Firefox | 6.0 | 4 | 27.91 |
29 | Fri | Firefox | 32.9 | 10 | 155.30 |
30 | Mon | Other | 11.8 | 9 | 120.25 |
31 | Thu | Internet Explorer | 7.1 | 2 | 41.20 |
32 | Fri | Firefox | 18.0 | 8 | 134.40 |
33 | Sun | Internet Explorer | 11.8 | 4 | 37.17 |
34 | Fri | Internet Explorer | 9.1 | 3 | 52.09 |
35 | Tue | Internet Explorer | 7.8 | 5 | 71.81 |
36 | Mon | Firefox | 16.5 | 5 | 59.99 |
37 | Thu | Firefox | 6.2 | 4 | 84.17 |
38 | Sat | Internet Explorer | 11.3 | 4 | 55.58 |
39 | Tue | Internet Explorer | 10.6 | 2 | 39.06 |
40 | Wed | Internet Explorer | 5.0 | 5 | 36.48 |
41 | Tue | Other | 15.9 | 4 | 67.44 |
42 | Sat | Internet Explorer | 18.1 | 7 | 60.14 |
43 | Fri | Firefox | 10.8 | 4 | 70.38 |
44 | Mon | Internet Explorer | 13.3 | 7 | 110.65 |
45 | Mon | Internet Explorer | 30.1 | 6 | 104.23 |
46 | Fri | Firefox | 13.7 | 4 | 68.17 |
47 | Thu | Internet Explorer | 8.1 | 2 | 17.84 |
48 | Fri | Internet Explorer | 9.7 | 5 | 103.15 |
49 | Mon | Other | 7.3 | 6 | 52.15 |
50 | Fri | Internet Explorer | 13.4 | 3 | 98.75 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started