Question
X1 X2 Y 30 12 94 47 10 108 25 17 112 51 16 178 40 5 94 51 19 175 74 7 170 36
X1 | X2 | Y |
30 | 12 | 94 |
47 | 10 | 108 |
25 | 17 | 112 |
51 | 16 | 178 |
40 | 5 | 94 |
51 | 19 | 175 |
74 | 7 | 170 |
36 | 12 | 117 |
59 | 13 | 142 |
76 | 16 | 211 |
Copy and paste the data in the table below into Excel and estimate the model
y^=b0+b1x1
1. What is the value of y^ if x1 = 47? Round to four decimal places.
Note: The regression has only one independent variable even though the table includes x1 and x2.
Copy and paste the data in the table below into Excel and estimate the model
y^=b0+b2x2 (Same table)
2. What is the value of y^ if x2 = 10? Round to four decimal places.
Copy and paste the data in the table below into Excel and estimate the model
y^=b0+b1x1+b2x2 (same table above)
3. What is the value of y^ if x1=47 and x2 = 10? Round to four decimal places.
Note: this is the same data used in the previous question.
4. Which parameters are statistically significant at the 5% level, =0.05 ? a. b1, b2
b. b0, b1, b2
c. b0, b1
d. b0, b2
e. b1
f. b2
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