The regression equation is US Price 512 1537 Carat 361 D 185 E 130 F 89.6 G 136

Question

The regression equation is US Price 512 1537 Carat 361 D 185 E 130 F 89.6 G 136 vws1 120 vvs2 31.7 VS1 Predictor Coef SE Coef Constant 511. 97 24.0 21.28 0.000 1537.43 22 03 69.79 0.000 Carat 361.41 27.66 13.07 0.000 184.64 18.73 9.86 0.000 130.36 15.51 8. 40 0.000 89. 60 16.40 5.46 0.000 135.62 20.09 6.75 0.000 VVS1 119.56 17.36 6.89 0.000 VVS2 31.74 18 31 1.73 0.084 VS1 101.868 R-Sq 94.63 R-Sq (adj) 94.43 Analysis of variance DF Source SS MS 8 53866151 6733269 648.86 0.000 Regression Residual Error 299 3102722 10377 307 56968873 Total

Explanation / Answer

Here

N denotes the number of pairs in the data.

p denotes the number of explanatory / independent / regressior / predictor varibles in the model

q denotes the number of dependent varibles.

here N= 307

p = 8 ( carat , D, E, F, G, VVS1, VVS2, VS1 )

q= us price

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