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QUIZ TEST 3 (ect 567) F X canvas unfedw/courses/28281/quizzes/99067/take Problem 2 Regression 1. Regression Analysis: Concession 1000 versus Attendee100 N-24 Model Summary S R-5q R-sqladj(

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QUIZ TEST 3 (ect 567) F X canvas unfedw/courses/28281/quizzes/99067/take Problem 2 Regression 1. Regression Analysis: Concession 1000 versus Attendee100 N-24 Model Summary S R-5q R-sqladj( R-sq(pred) 57.4275 0.05 0,00 0.00% Coefficients Term Coef SE Coef T-Value P-Value VIF Constant 231.7 41.6 5.57 0.000 Attendee 100 0.15 1.49 0.10 0.921 1.00 Durbin-Watson Statistic Durbin-Watson Statistic = 0.178614 The manager of a concert venue wants to better understand the relationship between his concession revenue Y-Concess1000 and the number attending the concerts in 100's (Attendee100) resulting in Regression 1 (very low adj R2]. What might the problem be with this time series regression? @ The high value of the Durbin Watson indicates that autocorrelation is not likely to be a problem VIF -1 indicates that multicollinearity is likely the problem. The data observations on attendees are clearly mismeasured as suggested by the low adj. R2. The low value of the Durbin Watson Statistic indicates auto correlation is Ckely a problem e4 pts Question 7 If you know the values of a quantitative Y and five quantitative X's, then in an attempt to predict Y you can use if you have a linear model and if you do not. Repression Trees Logistic Regression Regression Neural Networks Exponential Smoothing Moving Averages Classification Trees Regression Trees 4ntsFind the solution of the following linear equation Ax = b using the Jacobi method and the Gauss-Seidel method and compare the convergence speedDetermine Irvhether the value is a discrete random variable. continuous random variable. or not a random variable. a. The distance a baseball travels in the air after being hit b. The number of people in a restaumnt that has a capacity of 100 c The gender of college students d. The number oftextbook authors novv sitting at a computer e. The number of bald eagles in a country f. The exact time it takes to evaluate 2? plus Ha. Is the distance a baseball travels in the air alter being hit a discrete randomvariable. a continuous random variable. or not a random variable? A. it is a continuous random variable. B. It is a discrete random variable. C. It is not a random variable. b. Is the number of people in a restaurant that has a capacity of 106 a discrete random variable. a continuous random variable, or not a randomvariable? A. It is a diso'ete random variable. E. It is a continuous random variable. C. It is not a random variable o Is the gender of college students a discrete random variable. a continuous mndom variable. or not a random variable? A. ll is a discrete random variable. B. ft is a continuous random variable. C. it is not a random variable. d. Isthe number oftextboolc authors nov.r sitting at a computera discrete random variable. a continuous random variable. or not a random variable? A. It is a continuous random variable. B. It is a discrete random variable. C. It is not a random variable. e. Is the nu mberof bald eagles in a country a discrete random variable. a continuous random variable. or not a random variable?A. It is a continuous random variable. B. It is a discrete random variable. (1 it is not a random variable. f. Is the exact time ittalces to evaluate 2? plus T2 a discrete randomvariable. a continuous random variable. or not a random variable? A. It is a discrete random variable. EL it is a continuous random variable. C. it is not a random variable. Click to select your

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