Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given are five observations for two variables, 23 and y. Use the estimated regression equation: 33' = 74-2600 * 3-00473. a. Compute the mean square
Given are five observations for two variables, 23 and y. Use the estimated regression equation: 33' = 74-2600 * 3-00473. a. Compute the mean square error using equation. SSE n. i 2 (to 4 decimals) 32 = MSE = b. Compute the standard error of the estimate using equation. 3: MSE=H SSE 112 (to 4 decimals) c. Compute the estimated standard deviation of b1 using equation. 5&1 = (to 4 decimals) d. Use the t-test to test the following hypotheses {05 = 0-05): Ho: 15': = 0 Hal .6: 7 0 Compute the value of the t-test statistic {Enter negative values as negative numbers). (to 3 decimals) What is the Pvalue? Use Table 2 from Appendix B. pva|ue is - Select your answer - What is your conclusion? w. H. e. Use the Ftest to test the hypotheses in part (d) at a 0.05 level of signicance. Complete the F table below using Excel. Calculate the Sum of Squares (to 1 decimal), the Mean Squares (to 1 decimal), and the F ratio (to 2 decimals) and the pvalue (to 4 decimals). Source Degrees Sum of Mean of Variation of Freedom Squares Square F pvalue Regression Error Total What is your conclusion, based on this Ftest? We - Select your answer - 3 HD- What is the P-value? Use Table 2 from Appendix B. p-value v' - Select your answer - between 0.01 and 0.02 between 0.02 and 0.05 between 0.05 and 0.10 in part (d) between 0.10 and 0.20 Calculate t between 0.20 and 0.40 greater than 0.40 lower than 0.01 What is your conclusion? J - Select your answer - I HI]- d \"0t reject otheses in part (d) at a 0.05 level of reject -. Excel. Calculate the Sum of Square What is your conclusion, based on this F test? - Select your answer - Ho. do not reject reject
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started