Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help with A and B The following estimated regression equation is based on 10 observations was presented. y = 29.1270 + 0.5906x1 + 0.4980x2 Here

help with A and B

image text in transcribed
The following estimated regression equation is based on 10 observations was presented. y = 29.1270 + 0.5906x1 + 0.4980x2 Here SST = 6,724.125, SSR = 6,216.375, s, = 0.0813, and sby = 0.0567. a. Compute MSR and MSE (to 3 decimals). MSR = 62.063 MSE = 875.19 b. Compute F and perform the appropriate F test (to 2 decimals). Use o = 0.05. Use F table. F = 0.07 The p-value is less than 0.01 At o = 0.05, the overall model is significant v c. Perform a t test for the significance of 81 (to 2 decimals). Use a = 0.05. Use t table. = 7.26 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 o = 0.05. Use t table. 8.78 The p-value is less than 0.01 V At a = 0.05, there is a significant relationship between y and $2

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

Precalculus Enhanced With Graphing Utilities (Subscription)

Authors: Michael, Michael Sullivan III, Michael III Sullivan, III Sullivan

6th Edition

ISBN: 0321849108, 9780321849106

More Books

Students also viewed these Mathematics questions

Question

Analyze the impact of labor unions on health care.

Answered: 1 week ago

Question

Assess three motivational theories as they apply to health care.

Answered: 1 week ago

Question

Discuss the history of U.S. labor unions.

Answered: 1 week ago