Study the output given here from a stepwise multiple regression analysis to predict y from four variables.
Question:
Study the output given here from a stepwise multiple regression analysis to predict y from four variables.
Comment on the output at eachstep.
Transcribed Image Text:
STEPWISE REGRESSION OF Y ON 4 PREDICTORS, WITH N = 63 STEP CONSTANT 1 27.88 0.89 2.26 2 22.30 T-RATIO 12.38 2.64 0.0047 2.01 9.47 68.20 T-RATIO T-RATIO 16.52 42.39 R-SQ
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
The output indicates that the stepwise process only went two steps Variable x3 enter...View the full answer
Answered By
Jeff Omollo
As an educator I have had the opportunity to work with students of all ages and backgrounds. Throughout my career, I have developed a teaching style that encourages student engagement and promotes active learning. My education and tutoring skills has enabled me to empower students to become lifelong learners.
5.00+
5+ Reviews
52+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
The Bhaskara Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows: Intercept coefficient Standard error of Y estimate 2 Number of...
-
The following is the result of multiple regression analysis to predict salary. Based on the following SPSS result table, please interpret the effects of education, years of services, and gender...
-
You are planning a multiple linear regression analysis to predict profitability for companies in the region. One of the variables type of company is categorical. You plan to use dummy variables to...
-
A curve has equation y = x 2 ln 3x. Find the value of dy/dx and d 2 y/dx2 at the point where x = 2.
-
Assume that Hf c is a supporting hyperplane to a set S at x0. Show that either x0 maximizes f or x0 minimizes f on the set S. As the illustrations in figure 3.16 suggest, the fundamental requirement...
-
Bond prices. Price the bonds from the following table with quarterly coupon LOADING... payments: LOADING... . Hint: Make sure to round all intermediate calculations to at least seven decimal places....
-
and 3.3, respectively. a. Find a 95% confidence interval for m if n = 100. b. Find a 95% confidence interval for m if n = 400. c. Find the widths of the confidence intervals found in parts a and b....
-
A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3 square yards...
-
12. A company had Estimated Machine Hours 150,000 hours Actual Machine Hours 143,000 hours ACTUAL Manufacturing Overhead of $1,445,000; Predetermined Overhead Rate of $10 per Machine Hour This would...
-
Julian Hudson is a young entrepreneur. He recently opened an "all ages" club aimed at teens and young adults. Given the intended customers, the club cannot sell alcohol and, to guard against drug...
-
The computer output given here is the result of a stepwise multiple regression analysis to predict a dependent variable by using six predictor variables. The number of observations was 108. Study the...
-
The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data. Given here is a portion of the data published. These data include information from the U.S....
-
As a further means of controlling the power of government, the Constitution sets up the three federal branches and provides mechanisms for them to act as checks and balances on each other....
-
Each of the accompanying graphs shows a do plot of data from three separate random samples for each of the four graphs, indicate whether you think that the basic assumptions for single-factor ANOVA...
-
Program Milestones Milestone #1 - Selection GUI - Create Account/Login/Cancel Obtain a copy of Eclipse and complete "Getting Started in Eclipse". Create your project in Eclipse and the package and...
-
= The momentum transfer is q = ph - Ph, where p is the hadron momentum after the collision. This relationship holds for the time as well as the space components, i.e., for the 4-vectors. Thus, we...
-
When should HR be the interviewer, and when should a hiring manager or co-workers be involved? Should reference checking be done before or after the interview? Would you ask during the interview any...
-
1. Monoclean Company manufactures a single product, Glamour. The standard cost specification sheet shows the following standards for one unit of Glamour: 8 kg of material M @ $6.5 per kg $52 4 hours...
-
Suppose that the Dante Company borrows $10 million via a term loan. The loan matures in three years and has a fixed interest rate of 10%. The loan is a fully amortizing loan and the payments are made...
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
If aggregate supply shifts to the right each year due to technological progress, then what must the government do to maintain a stable price level?
-
In a recent survey, buyers were asked a series of questions with regard to Internet usage. One question asked was how they would use the Internet if security and other issues could be resolved....
-
Over three decades ago, four businesspeople who had experience in retailing natural foods through food stores believed that there was a demand for a supermarket for natural foods. As a result, in...
-
The Report on Business Top 1,000 ranks 1,000 Canadian companies using various criteria. Of the top 20 companies by number of employees, 4 are banks. Suppose four companies are randomly selected. a....
-
Apple inc cash flow
-
Assume todays settlement price on a CME EUR futures contract is $1.3142 per euro. You have a short position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond...
-
Determining ending consolidated balances in the second year following the acquisition-Equity method Assume that your company acquired a subsidiary on January 1, 2012. The purchase price was $650,000...
Study smarter with the SolutionInn App