Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 4 Determine, on the basis of the sample data shown in the table below, whether the true proportion of shoppers favouring soft drinks over

image text in transcribed
image text in transcribed
QUESTION 4 Determine, on the basis of the sample data shown in the table below, whether the true proportion of shoppers favouring soft drinks over home-made juices is the same in all four locations. Use the 0.05 level of significance. [15 marks] Supermarkets # favouring soft drinks # favouring detergent B Calton/St.Philip 132 168 Massy/Warrens 260 240 Jordan/St.James 197 203 TriMart/Ch.Ch 125 200 QUESTION 5 a) The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x1) and newspaper advertising (x2). The estimated regression equation was y = 83.2 + 2.29x1 + 1.30x2 The computer solution provided SST = 25.5 and SSR = 23.435. a. Compute and interpret R2 and Ra. [8 marks] b. When television advertising was the only independent variable, R2 = . 653 and Ra = .595. Do you prefer the multiple regression results? Explain. [2 marks] b) The following estimated regression equation based on 10 observations was presented. [20 marks] y = 29. 1270 + .5906x1 + . 4980x2 Here SST = 6724.125, SSR = 6216.375, sbi = .0813, and sb2 = .0567. a. Compute MSR and MSE. b. Compute F and perform the appropriate F test. Use a = .05. c. Perform a t test for the significance of bl. Use a = .05. d. Perform a t test for the significance of b2. Use a = .05

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

Geometry And Analysis Of Fractals Hong Kong, December 2012

Authors: De Jun Feng, Ka Sing Lau

1st Edition

3662439204, 9783662439203

More Books

Students also viewed these Mathematics questions

Question

Was Jay Cohens conviction justified?

Answered: 1 week ago

Question

1. Empirical or factual information,

Answered: 1 week ago

Question

1. To take in the necessary information,

Answered: 1 week ago