Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Could you help me to calculate the P-value as the attachment below, thanks. Find the MLR model:+ Y = 0.991x1+ 0.997x2+0.0188x3+0.985x4+0.986x5+ 1.163x6 + 1.894x7+ 0.0286+e-

Could you help me to calculate the P-value as the attachment below, thanks.

image text in transcribed
Find the MLR model:+ Y = 0.991x1+ 0.997x2+0.0188x3+0.985x4+0.986x5+ 1.163x6 + 1.894x7+ 0.0286+e- To test whether there is significant relationship dependent variable and independent variable generally use F-test of overall significant, from the anova table in the Rstudio from the R sol can get the table as below:" df. SS F. Regression. 212,102 30,300.28. 1,860,054.02 Residual 491 0.01629. Total 498. 212,110. t Test-statistic is F-statistics = Mean SS of regression/Mean SS of residual = 30,300.28/0.01629= 1,860,064. The F-statistics follow F-distribution with degrees of freedom(7,491) P-value =+ Level of significant = 0.05. Conclusion: since P -value is less than level of significance, hence we reject null hypothesis conclude that the fitted model is a good fit, or there is significant relationship between depen variable and independent variable.+

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Algebra

Authors: Charles P McKeague

3rd Edition

1483263843, 9781483263847

More Books

Students also viewed these Mathematics questions

Question

What is a business cycle? How are business cycles measured?

Answered: 1 week ago

Question

Identify how culture affects appropriate leadership behavior

Answered: 1 week ago