Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Equation: ( Weight(grams) = 42.2837+0.4632*Production time (mins) ) c)(i). State and interpret the estimated y-intercept. Is it meaningful? (ii). How valid is this estimate? SUMMARY

Equation: \( Weight(grams) = 42.2837+0.4632*Production time (mins) \)

image text in transcribedimage text in transcribed
c)(i). State and interpret the estimated y-intercept. Is it meaningful? (ii). How valid is this estimate? SUMMARY OUTPUT Regression Statistics Multiple R 0.747682802 R Square 0.559029572 Adjusted R Square 0.558144089 Standard Error 0.060009011 Observations 500 ANOVA df SS MS F Significance F Regression 1 2.273461464 2.273461 631.3274 1.37E-90 Residual 498 1.793 338536 0.003601 Total 499 4.0668 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 42.2837226 0.307271401 137.6103 0 41.68001 42.88743 41.68001 42.88743 Production time (mins) 0.463151414 0.018432985 25.12623 1.37E-90 0.426935 0.499367 0.426935 0.499367

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

Hyers-Ulam Stability Of Ordinary Differential Equations

Authors: Arun Kumar Tripathy

1st Edition

1000386902, 9781000386905

More Books

Students also viewed these Mathematics questions