State the names of the dependent (response) variable and the independent (explan
ID: 3232616 • Letter: S
Question
State the names of the dependent (response) variable and the independent (explanatory) variables. b) Fill in the missing entries A, B, C, D, E, F and G. c) State the multiple regression equation. d) State the value of the coefficient of determination, R^2. e) Use the overall F test at the level of significance alpha = 0.01 to determine whether the model contributes significant information for the prediction of y. f) Using parameter estimates, also at alpha = 0.01, what predictor(s) are useful or not useful in the model?Explanation / Answer
a) Independent variable : x1, x2 and dependent variable = y
b)
For A: 355.22/177.61 = 2
For B: 76.38 / 7 = 10.9114
For C: 355.22 + 76.38 = 431.6
For D: 177.61 / 10.9114 =16.2775
For E: -1.947 * 4.206 = -8.189
For F: 0.2921 / 0.1357 = 2.1525
For G: 4.4343 / 5.54 = 0.8004
c) The multiple regression equation is Y = -8.189 + 0.2921 X1 + 4.4343X2
d) R2 = 0.823
e) F= 16.2775
F-criitcal value 9.546578
Here F value > F critical value, so we reject H0
f)
The p-value of x1 = 0.068 > alpha 0.01, we accept H0 i.e. no significant
The p-value of x1 = 0.001 < alpha 0.01, we reject H0 i.e. significant
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