Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

EXERCISES 15.1 The results of a multiple regression based on nine observations are shown in Table 15.11. Based on these results answer the following questions:

image text in transcribed

EXERCISES 15.1 The results of a multiple regression based on nine observations are shown in Table 15.11. Based on these results answer the following questions: a. What percentage of variance is explained by the regression? TABLE 15.11 Results of a Multiple Regression Analysis 1.3 2.7 0.5 5.0 bj 3.6 0.6 4 8.3 Intercept 75.3 Coefficient of multiple correlation = 0.95 Standard deviation of errors = 12.0 F-value = 14.1 b. Is the regression significant at the 90% confidence level? c. Which variable has the highest coefficient? d. Which variable is most significant? e. Which parameters are not significant at 90%? f. What is the problem with this regression? g. What would you try next? EXERCISES 15.1 The results of a multiple regression based on nine observations are shown in Table 15.11. Based on these results answer the following questions: a. What percentage of variance is explained by the regression? TABLE 15.11 Results of a Multiple Regression Analysis 1.3 2.7 0.5 5.0 bj 3.6 0.6 4 8.3 Intercept 75.3 Coefficient of multiple correlation = 0.95 Standard deviation of errors = 12.0 F-value = 14.1 b. Is the regression significant at the 90% confidence level? c. Which variable has the highest coefficient? d. Which variable is most significant? e. Which parameters are not significant at 90%? f. What is the problem with this regression? g. What would you try next

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_2

Step: 3

blur-text-image_3

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

Pro SQL Server Wait Statistics

Authors: Enrico Van De Laar

1st Edition

1484211391, 9781484211397

More Books

Students also viewed these Databases questions

Question

What is Working Capital ? Explain its types.

Answered: 1 week ago

Question

Calculate the lifetime value (LTV) of a loyal customer.

Answered: 1 week ago

Question

Use service tiering to manage the customer base and build loyalty.

Answered: 1 week ago