Consider the following set of dependent and independent variables. These data can also be found in the

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Consider the following set of dependent and independent variables. These data can also be found in the Excel file Prob 1544.xlsx.

a. Perform a best subsets regression and choose the most appropriate model for these data.

b. Perform a residual analysis to verify that the conditions for the model are met.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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Question Posted: Jul 29, 2015 03:26 AM

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Consider the following set of dependent and independent variables. These data can also be found in the

Question:

y 64 43 51 49 40 42 23 37 30 27 20 x 74 63 78 52 44 47 35 17 15 20 17 2 22 29 20 17 13 17 8 15 10 10 7 x3 24 15 9 38 18 17 5 40 27 30 33 x4 17 30 25 29 38 30 33 39 44 4 49

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a y35851203536x 1 04943x 3 06887x 4 b The residual plots do not show ...View the full answer

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