You are examining the results of a regression estimation that attempts to explain the unit sales growth

Question:

You are examining the results of a regression estimation that attempts to explain the unit sales growth of a business you are researching. The analysis of variance output for the regression is given in the table below. The regression was based on five observations (n = 5).
ANOVA Significance F 0.00904 df MSS SS 36.667 Regression 88.0 1 88.0 3 7.2 2.4 Residual 95.2 Total 24 3.

A. How many independent variables are in the regression to which the ANOVA refers?
B. Define Total SS.
C. Calculate the sample variance of the dependent variable using information in the above table.
D. Define Regression SS and explain how its value of 88 is obtained in terms of other quantities reported in the above table.
E. What hypothesis does the F-statistic test?
F. Explain how the value of the F-statistic of 36.667 is obtained in terms of other quantities reported in the above table.
G. Is the F-test significant at the 5 percent significance level?

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

Step by Step Answer:

Related Book For  book-img-for-question

Quantitative Investment Analysis

ISBN: 978-1119104223

3rd edition

Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle

Question Posted: