Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

HEY CAN YOU HELP ME WITH THESE QUESTIONS ASAP! QUESTION 2 3 points Save Answer A sample of 25 families was taken for a study.

HEY CAN YOU HELP ME WITH THESE QUESTIONS ASAP!

image text in transcribed
QUESTION 2 3 points Save Answer A sample of 25 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family ( x 1), the number of meals eaten outside ( x 2), and a dummy variable ( x 3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained. Coefficients Standard Error 450.08 53.6 Intercept 49.92 9.6 X 1 10.12 2.2 X2 X3 -.60 12.0 ANOVA df SS MS Regression 3078.39 1026.13 Residual (Error) 2013.90 95.90 a. Write out the estimated regression equation. b. Interpret all coefficients. C. Estimate the monthly expenditure on food for a family that has 4 members, eats out 3 times, and does not have any member of the family on a diet. TT TT Paragraph v Arial 3 (12pt) VE ET. RBS fx Mashups + 1 6 4 8 8 8 HTML CSS

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

Differential Equations For Engineers

Authors: Wei Chau Xie

1st Edition

0511771037, 9780511771033

More Books

Students also viewed these Mathematics questions