912 11732 1 no 3 365.55165430764 2 no (a) Summarizethedatawithascatterplot between y and x1, usingseparatesymbolsforthe twocategoriesof x2.
Question:
912 11732 1 no 3 365.55165430764 2 no
(a) Summarizethedatawithascatterplot between y and x1, usingseparatesymbolsforthe twocategoriesof x2.
(b) Fitthemodel E(Yi) = β0 + β1xi1 + β2xi2. Interprettheestimatedeffects.
(c) Reportandinterpret R2 for summarizingtheglobalpredictivepower.
(d) Conductasignificancetestfortheeffectofwhetherthehouseisnew,adjustingforsize.
Interpret.
(e) Atthemeansizeofthenewhomes,findandinterpreta95%confidenceintervalforthe mean sellingpriceofnewhomesanda95%predictionintervalforthesellingpriceofa new home.
(f)UsingCook’sdistance,identifythemostinfluentialobservationforthemodelfit.Analyze the effectoffittingthemodelwithoutit.(We’llseethatthisobservationisnotinfluential or evenunusualwhenweconsideranalternativemodelin Section 7.1.3 that allowsthe variabilityofsellingpricetoincreaseasitsmeanincreases.)
Step by Step Answer:
Foundations Of Statistics For Data Scientists With R And Python
ISBN: 9780367748456
1st Edition
Authors: Alan Agresti