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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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