Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following estimated regression equation is based on 10 observations was presented. y = 29.1270 + 0.590621 + 0.4980r2 Here SST = 6,724.125, SSR =
The following estimated regression equation is based on 10 observations was presented. y = 29.1270 + 0.590621 + 0.4980r2 Here SST = 6,724.125, SSR = 6,216.375, $, = 0.0813, and Sby = 0.0567. a. Compute MSR and MSE (to 3 decimals). MSR = MSE = b. Compute F and perform the appropriate F test (to 2 decimals). Use of = 0.05. Use F table. F = The p-value is less than 0.01 v At a = 0.05, the overall model is | significant c. Perform a t test for the significance of 81 (to 2 decimals). Use o = 0.05. Use t table. The p-value is |less than 0.01 At a = 0.05, there is a significant relationship between y and 21. d. Perform a t test for the significance of B2 (to 2 decimals). Use o = 0.05. Use t table. The p-value is less than 0.01 At a = 0.05, there is a significant relationship between y and $2.on equation is based on 10 observations was presented. Answered Partially Correct y = 29.1270 + 0.590621 + 0.4980r2 Here SST = 6,963.500, SSR = 6,321.875, s = 0.0825, and sby = 0.0597. a. Compute MSR and MSE (to 3 decimals). MSR = MSE = b. Compute F and perform the appropriate I" test (to 2 decimals). Use o = 0.05. Use the F table. F = The p-value is less than 0.01 At a = 0.05, the overall model is |significant c. Perform a t test for the significance of 81 (to 2 decimals). Use o = 0.05. Use the t table. The p-value is less than 0.01 At a = 0.05, there is |a significant relationship between y and 1 . d. Perform a t test for the significance of B2 (to 2 decimals). Use o = 0.05. Use the t table. The p-value is less than 0.01 At a = 0.05, there is a significant relationship between y and c2
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started