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Brand & Model Price Quality Score Landice L7 2175 Excellent 88 NordicTrack S3000 2625 Very good 87 True Z4 HRC 1725 Excellent 83 Vision Fitness

Brand & Model Price Quality Score
Landice L7 2175 Excellent 88
NordicTrack S3000 2625 Very good 87
True Z4 HRC 1725 Excellent 83
Vision Fitness T9500 1500 Excellent 83
Precor M 9.31 2250 Excellent 89
Vision Fitness T9200 975 Very good 80
Star Trac TR901 2400 Excellent 74
Trimline T350HR 1200 Very good 74
Schwinn 820p 975 Very good 71
Bowflex 7-Series 1125 Excellent 85
NordicTrack S1900 1950 Excellent 85
Evo Fitness FX30 1275 Very good 77
ProForm 1000S 1200 Very good 73
Horizon Fitness 4.5 750 Good 72
NordicTrack C2300 750 Good 68
Spirit Inspire 1050 Good 68
ProForm 750 750 Good 65

Let "Excellent" be a binary variable equal to 1 if the quality rating is excellent, 0 otherwise.

Let "VeryGood" be another binary variable equal to 1 if the quality rating is very good, 0 otherwise.

Develop a multiple regression model to predict the overall score given the price and the quality ratings. (Use 4 decimals in your answers.)

Score = + Price + Excellent + VeryGood

Is "Price" variable significant at alpha=0.10? Enter yes or no:

Is "Excellent" variable significant at alpha=0.10? Enter yes or no:

Is "VeryGood" variable significant at alpha=0.10? Enter yes or no:

Take the insignificant variable out. Run the model with the remaining variables.

What is the adjusted coefficient of determination of the updated model?

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