Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hi, can someone help me tq & pls provide me the manually calculation. b. An automotive manufacturer was interested to make a research on what

hi, can someone help me tq & pls provide me the manually calculation.

image text in transcribed
b. An automotive manufacturer was interested to make a research on what are the factors that influence consumer in making decision to buy vehicle. Among the predictors, the reliability of brand, fuel economy, price of the vehicle and safety are the factors in choosing a vehicle to buy. The data collected from respondents and the results are as shown in Figure 1. ANOVA Model Sum of Squares df Mean Square F Sig. Regression 22.801 5.700 26.589 000b Residual 31.514 147 .214 Total 54.315 151 Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 648a 420 404 46316 Coefficients Unstandardized Coefficients Standardized Coefficients Model B Std. Error Beta Sig. (Constant) .777 369 2.104 037 Reliability of Brand 207 .097 166 2.146 034 Fuel Economy 146 115 096 1.269 207 Price of Vehicle 330 086 344 3.839 000 Safety 226 109 192 2.069 040 Figure 1 CONFIDENTIAL/4 FBA/PFS1243/APRIL21 i. Identify the independent and the dependent variables. (5 marks) ii. Determine the linear regression model. (3 marks) iii. At 5% level of significance, is there any relationship between car buying decision and reliability of brand, fuel economy, price of vehicle and safety? Perform an appropriate analysis. (8 marks)

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

Concepts In Practical Differential Equations

Authors: Sabita Mahanta

1st Edition

9353146488, 9789353146481

More Books

Students also viewed these Mathematics questions

Question

Let A = {1, 2, 3} B = {a, b} Determine n(B X A)

Answered: 1 week ago