Question
n the following regression, X = total assets ($ billions), Y = total revenue ($ billions), and n = 64 large banks. R 2 0.519
n the following regression,X= total assets ($ billions),Y= total revenue ($ billions), andn= 64 large banks.
R2 0.519
Std. Error 6.977
n 64
ANOVA table
Source SS df MS F p-value
Regression 3,260.0981 1 3,260.0981 66.97 1.90 E-11
Residual 3,018.3339 62 48.6828
Total 6,278.4320 63
Regression output confidence interval variables
variable
intercept coefficients std. error t Stat p-value Lower 95% Upper 95 %
Intercept 6.5763 1.9254 3.416 .0011 2.7275 10.4252
X1 0.0452 0.0055 8.183 1.90 E -11 0.0342 0.0563
(a)Write the fitted regression equation.
y^=_________+___________X?
(b-1)State the degrees of freedom for a two-tailed test for zero slope, and useAppendix Dto find the critical value at= .05.(Roundtcritical value to 3 decimal places.)
Degrees of freedom _________?
t crit ______________?
(b-2)Choose the correct option forH0:1= 0 vsH1:1 0.
- ________ Do not reject the null hypothesis iftcalc> 1.999
- _________Reject the null hypothesis iftcalc> 1.999
(c-1)Calculate t.(Round your answer to 3 decimal places.)
tcalc: _________?
(c-2)We reject the null hypothesis.
No _____
Yes ____
(d-1)Find the 95% confidence interval for slope.(Round your answer to 4 decimal places.)
Confidence interval is from ______to ________.?
(d-2)The confidence interval does not contain zero, which implies:
________there is a relationship between the total assets (billions) and total revenue (billions).
________there is no relationship between the total assets (billions) and total revenue (billions).
(e-1)Calculate t2 and F.(Round your answers to the nearest whole number.)
t2 __________?
F calc ________?
(e-2)CalculateR2.
R2________?
(e-3)What is the percentage of variation in total revenue explained by total assets?(Round your answer to 1 decimal place.)
The percentage of variation in total revenue explained by total assets is __________%?
(f)Increasing assets increases income.
- Yes
- No
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