Question
(a)The multiple linear regression model is y = 0 + 1x1 + 2x2 + 3x3 + . What are the assumptions of this model? (b)
(a)The multiple linear regression model is y = 0 + 1x1 + 2x2 + 3x3 + . What are the assumptions of this model?
(b) Find the 95% confidence interval for 1. 7
(c) Statistically interpret the confidence interval in (b).
(d) If you use backward elimination for variable selection, which variable will be the first one to be removed from the model? Why do you think so?
(e) Do you think there is a multicollinearity problem in this model? Why?
(f) Test for significance of regression. Write down H0 and Ha of this test, do the test, and draw a conclusion.
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