Question
Refer to Brand preference Problem 6.5 a. Transform the variables by means of the correlation transformation (7.44) and fit the standardized regression model (7.45). b.
Refer to Brand preference Problem 6.5
a. Transform the variables by means of the correlation transformation (7.44) and fit the standardized regression model (7.45).
b. Interpret the standardized regression coefficient b1*.
c. Transform the estimated standardized regression coefficients by means fo (7.53) back to the ones for the fitted regression model in the original variables.
Problem 6.5 Data: n = 16
Yi | Xi1 | Xi2 |
64 | 4 | 2 |
73 | 4 | 4 |
61 | 4 | 2 |
76 | 4 | 4 |
72 | 6 | 2 |
80 | 6 | 4 |
71 | 6 | 2 |
83 | 6 | 4 |
83 | 8 | 2 |
89 | 8 | 4 |
86 | 8 | 2 |
93 | 8 | 4 |
88 | 10 | 2 |
95 | 10 | 4 |
94 | 10 | 2 |
105 | 10 | 4 |
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Get StartedRecommended Textbook for
An Introduction To Statistical Methods And Data Analysis
Authors: R. Lyman Ott, Micheal T. Longnecker
7th Edition
1305269470, 978-1305465527, 1305465520, 978-1305269477
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