Which variable is least significant in this model? Refer to the multiple regression output shown: The regression

Question:

Which variable is least significant in this model?

Refer to the multiple regression output shown:

The regression equation is Y = - 61 + 4.71 X1 - 0.25 X2 + 6.46 X3 + 1.50 X4 - 1.32 X5 Predictor Coef SE Coef т Constant

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics Unlocking The Power Of Data

ISBN: 9780470601877

1st Edition

Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock

See More Books

Question Posted: Dec 07, 2018 05:08 AM

See More Questions

Use the multiple regression output shown to answer the following questions. (a) Which variable might we try eliminating first to possibly improve this model? (b) What is R 2 for this model? Do we...
Use the multiple regression output shown to answer the following questions. (a) Which variable might we try eliminating first to possibly improve this model? (b) What is R 2 for this model? Do we...
Refer to Exercise 12.46. Another multiple regression model used only deposit volume and number of accounts as independent variables, with results as shown here. a. Does omitting the transactions and...
Why do you think many people might be skeptical about psychology being a science?
From The World Bank, in the document Life Expectancy at Birth, we obtained data on the expectation of life (in years) at birth for people in various countries. Those data are presented on the...
How does the replacement of manual labor with automated equipment affect a companys cost structure? What implications does this have for its operating leverage and break-even point?
A natural question is whether we can use a nonce and public key cryptography to solve the end-point authentication problem in Section 8.4. Consider the following natural protocol: (1) Alice sends the...
Several years ago, Roberson Robotics outsourced component BF-365, a key component of many of its products. At the time, CFO Sam Summers concluded that outsourcing was the correct decision, but she...
George was lucky at slots last year and won a few jackpots for a total of $17,0000. George has documentation to support $19,000 of losses on Schedule A. George will be able to report his $2,000 loss...
Auto Supply Company's 2018 statement of cash flows appears in Exhibit 13-8. Study the statement and respond to the following questions. In Exhibit 13-8 a. What was the company's free cash flow in...
Is the model effective, according to the ANOVA test? Justify your answer. Refer to the multiple regression output shown: The regression equation is Y = - 61 + 4.71 X1 - 0.25 X2 + 6.46 X3 + 1.50 X4 -...
Which variable is most significant in this model? Refer to the multiple regression output shown: The regression equation is Y = - 61 + 4.71 X1 - 0.25 X2 + 6.46 X3 + 1.50 X4 - 1.32 X5 Predictor Coef...
Modify the Products form (not the Ch 12 Assignment 5 form you just created) by changing the Category ID text box control to a special combo box control, listing the choices of CategoryID and...
Use the information below to answer the next question. Below are different graphs that could represent the magnitude of an Electric Field from a source. Teza E Distance E 4 Tza E Taza 2 Distance 5 3...
Factor out the GCF: 36c5 +54c8
Demonstrate that a circle with a radius of r has a circumference of 2 pi ( r ) . HINT: Begin by examining the equation for the upper semicircle, utilize the arc length formula, and then double the...
Graph the function f(x) = 3.x - 7.
Vine plc. produces a single product. The following information on inventory, purchases, and sales are available for the month of January 2018. DATE TRANSACTION NUMBER OF UNITS UNIT COST...
The accompanying data file shows the annual expenditures (Expenditures in $) for 100 Amazon Prime customers. a. Construct a boxplot for the Expenditures variable. Does the boxplot suggest that...
Three forces with magnitudes of 70pounds, 40 pounds, and 60 pounds act on an object at angles of 30, 45, and 135, respectively, with the positive x-axis. Find the direction and magnitude of the...
What is necessary for an experiment to be balanced?
Explain the basic role that between-sample variation and within-sample variation play in carrying out an analysis of variance.
A university president collects data showing the number of absences over the past academic year for a random sample of 6 professors in the College of Engineering. She does the same for a random...
Cash from Operating Activities: ______________ Cash from Investing Activities: ______________ Cash from Financing Activities: ______________ Problem 2: Financial Ratios The GAP Macys 1 Current Ratio...
On January 1, 2021, Winky Enterprises issued 12% bonds dated January 1, 2021, with a face amount of $2,800,000. The bonds mature in 2030 (10 years). For bonds of similar risk and maturity, the market...
Using the following accounts and balances, prepare the stockholders' equity vection of the balance sheet. Pilty thousand shares of common stock are authorised, and 1,000 shares have been recoured,...

Which variable is least significant in this model? Refer to the multiple regression output shown: The regression

Question:

Step by Step Answer:

Looking at the p...View the full answer

Statistics Unlocking The Power Of Data

Students also viewed these Mathematics questions