Question
Based off a regression analysis,the following table provides the findings from a survey on how satisfied customers are from their existing DVD players (X12). Model
Based off a regression analysis,the following table provides the findings from a survey on how satisfied customers are from their existing DVD players (X12).
Model Summary | ||||
Model | R | R Square | Adjusted R Square | Std. Error of the Estimate |
1 | .915a | .836 | .830 | .800 |
ANOVAa | ||||||
Model | Sum of Squares | df | Mean Square | F | Sig. | |
1 | Regression | 624.670 | 8 | 78.084 | 122.040 | .000b |
Residual | 122.205 | 191 | .640 | |||
Total | 746.875 | 199 | ||||
a. Dependent Variable: X12 How satisfied are you with your existing DVD player? | ||||||
b. Predictors: (Constant), X17 Are you price conscious?, X10 Do you believe you need a DVD player? X13 What is your highest level of education?, X8 -- I seldom look for the lowest prices when I shop, X9 -- I like to try new and different things, X15 total annual household income before taxes, X7 -- Coupons are a good way to save money, X16 Are you an early adopter or innovator? |
Coefficientsa | ||||||
Model | Unstandardized Coefficients | Standardized Coefficients | t | Sig. | ||
B | Std. Error | Beta | ||||
(Constant) | .476 | 1.378 | .345 | .730 | ||
X7 -- Coupons are a good way to save money | -.266 | .186 | -.117 | -1.430 | .154 | |
X8 -- I seldom look for the lowest prices when I shop | -.045 | .157 | -.023 | -.284 | .776 | |
X9 -- I like to try new and different things | -.132 | .048 | -.105 | -2.717 | .007 | |
X10 Do you believe you need a DVD player? | -.050 | .051 | -.040 | -.970 | .333 | |
X13 What is your highest level of education? | .368 | .308 | .093 | 1.192 | .235 | |
X15 total annual household income before taxes | .343 | .062 | .253 | 5.496 | .000 | |
X16 Are you an early adopter or innovator? | 2.273 | .319 | .584 | 7.135 | .000 | |
X17 Are you price conscious? | 1.010 | .153 | .260 | 6.617 | .000 |
Answer the following questions:
a) Write down the regression model b) How good the overall model is?
c) Using information from the table, compare the effects of X7 and X9 on X12. Provide justifications.
d)Using information from the table, compare the effects of X10 and X16 on X12. Provide justifications.
e)Using information from the table, compare the effects of X15, X16, and X17 on X12. Provide justifications.
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