Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use this information to answer Question 26 to 29: Shown below is output for regression analysis relating Y (dependent variable) and X (independent variable). R2

Use this information to answer Question 26 to 29: Shown below is output for

regression analysis relating Y (dependent variable) and X (independent variable).

R2 = 99.5%

Variable Coefficient SE t-stat PValue

Intercept 123.141 1.382 89.1 <0.0001

Slope -5.57476 -0.1068 -52.2 <0.0001

26. (2 points) What is the estimated regression equation that relates Y to X?

27. (2 points) Is there a linear association between dependent and independent variable?

Test the hypothesis at = 0.05

28. What is the estimated value of Y if the value of X is 4.5?

29. State the value of coefficient of determination and interpret it.

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

Advanced Engineering Mathematics

Authors: Erwin Kreyszig

6th Edition

978-0471858249, 0471858242

More Books

Students also viewed these Mathematics questions