# Question: Answer the following questions based on the data from Problem

Answer the following questions based on the data from Problem 14.73.

a. Calculate the slope and the y intercept for the regression equation.

b. Predict the order size of a 32 year old customer.

c. Provide an interpretation for the value of the slope.

d. Calculate the total sum of squares.

e. Partition the total sum of squares into the SSR and SSE.

f. Verify your results using Excel.

In Problem

a. Calculate the slope and the y intercept for the regression equation.

b. Predict the order size of a 32 year old customer.

c. Provide an interpretation for the value of the slope.

d. Calculate the total sum of squares.

e. Partition the total sum of squares into the SSR and SSE.

f. Verify your results using Excel.

In Problem

## Relevant Questions

Answer the following questions based on the data from Problem 14.73. a. Calculate the coefficient of determination. b. Test the significance of the population coefficient of determination using α = 0.05. c. Construct a ...Using α = 0.10 and the data from Problem 14.7, test if the population correlation coefficient between the selling price and the demand for the camera is less than zero. What conclusions can you draw? In Problem Consider the following set of dependent and independent variables. These data can also be found in the Excel file Prob 151.xlsx. a. Using PHStat, identify the SST, SSR, and SSE. b. Calculate the multiple coefficient of ...Consider the following set of dependent and independent variables. These data can also be found in the Excel file Prob 152.xlsx. a. Using PHStat, construct a multiple regression model with these data. b. Interpret the ...Suppose the athletic director at Villanova University would like to develop a regression model to predict the point differential for games played by the college’s men’s basketball team. A point differential is the ...Post your question