Question
Below you are given a partial computer output based on a sample of 8 observations, relating an independent variable (x) and a dependent variable (y).
Below you are given a partial computer output based on a sample of 8 observations, relating an independent variable (x) and a dependent variable (y). (3 points for each part)
Coefficient | Standard Error | |
Intercept | 250 | 7.032 |
X | 24 | 0.184 |
Analysis of Variance | |
SOURCE | SS |
Regression | 201 |
Error (Residual) | 33 |
1. The estimated regression line is
a. y= 250-24 x
B. Y= 250+24x
c. Y= 24+250x
d. 24-250x
e. 250+24y
2. The percentage of variation in Y due to X is
a. 98.7%
b 74.3%
c. 34.5%
d. 84.1%
e. 99.8%
3. Using a=.05, the value of the test statistic F is
A. 5.99
B. 6.33
C. 17.39
D 31.74
E. 201.00
4. Using a=.05 the value of critical value of F is
a. 5.99
b. 8.07
c. 17.39
d. 233.99
e. 4.46
5. Using a=.05 what is the critical value of F?
a. since the value of F is greater than the value of critical F, the regression model is significant
b. Since the value of F is greater tahn the value of Critical F, the regression model is insignificant
c. Since the value of F is less than the value of Critical F, the regression model is significant
d. Since the value of F is less than the value of Critical F, the regression model us insignificant
e. Since the value of F is less than the value of F critical F, the intercept can be ignored when predicting the value of Y.
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