16. Choosing a Good Camera Cameras come with many options, and it appears that the more that...
Question:
16. Choosing a Good Camera Cameras come with many options, and it appears that the more that you want, the higher the cost of the camera Consumer Reports1 has rated n525 cameras on qualities that we consumers are looking for.
Variables that may relate to the cost of a camera are given in the following table where y5overall score, 5millionsof megapixels 1 x , 5weight of the camera 2 x , 5image quality 3 x , 5maximal focal range 4 x , and 5battery life 5 x (number of high resolution shots).
The MINITAB printout that follows displays the regression analysis of y on the predictor variables x1 through x5.
a. Write a multiple regression model using each of the x-variables as independent variables and y as the response variable.
b. Comment on the fit of the model using the statistical test for the overall fit and the coefficient of determination, R2.
c. If you were to refit the model, which predictor variables would you eliminate? Why?
Step by Step Answer:
Introduction To Probability And Statistics
ISBN: 9780357114469
15th Edition
Authors: William Mendenhall Iii , Robert Beaver , Barbara Beaver