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Exercise 15.19 Algo (Testing for Significance) Question 2 of 2 Hint(s) Check My Work The following estimated regression equation is based on 10 observations was
Exercise 15.19 Algo (Testing for Significance) Question 2 of 2 Hint(s) Check My Work The following estimated regression equation is based on 10 observations was presented. y = 29.1270 + 0.5906x1 + 0.4980x2 Here SST = 6,729.875, SSR = 6,496.500, sb, = 0.0853, and sby = 0.0576. a. Compute MSR and MSE (to 3 decimals). MSR = 3248.2 MSE = 33.339 b. Compute F and perform the appropriate F test (to 2 decimals). Use a = 0.05. Use the F table. F = The p-value is less than 0.01 At a = 0.05, the overall model is |significant C. Perform a t test for the significance of 81 (to 2 decimals). Use a = 0.05. Use the t table. to, = The p-value is less than 0.01 At a = 0.05, there is a significant relationship between y and $1. d. Perform a t test for the significance of 82 (to 2 decimals). Use a = 0.05. Use the t table. The p-value is less than 0.01 At a = 0.05, there is a significant relationship between y and 22
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