Use the gasoline mileage data in Table B. 3 and compute the condition indices and variance-decomposition proportions,
Question:
Use the gasoline mileage data in Table B. 3 and compute the condition indices and variance-decomposition proportions, with the regressors centered. What statements can you make about multicollinearity in these data?
Transcribed Image Text:
Automobile y X2 X3 X4 Xs X6 X7 8 Xg X10 X11 Apollo 18.90 350 165 260 8.0:1 2.56:1 Omega 1700 350 170 275 8.5:1 2.56:1 4 +4 Nova Monarch 20.00 250 18.25 351 105 185 8.25:1 2.73:1 1 143 255 Duster 20.07 225 Jenson 11.2 440 8.0:1 95 170 8.4:1 215 330 8.2:1 3.00:1 2 2.76:1 1 3 2.88:1 4 3 3 200.3 69.9 3910 A 3 199.6 72.9 2860 A 3 196.7 72.2 3510 A 3 199.9 74.0 3890 A 194.1 71.8 3365 M 184.5 69 4215 A Conv. Skyhawk 22.12 231 110 175 Monza Scirocco 21.47 262 34.70 89.7 Corolla 30.40 96.9 8.0:1 110 200 8.5:1 70 81 8.2:1 75 83 2.56:1 23 2.56:1 23 179.3 65.4 3020 A 179.3 65.4 3180 A 3.90:1 2 4 155.7 64 1905 M 9.0:1 4.30:1 25 165.2 65 2320 M SR-5 Camaro 16.50 350 Datsun 36.50 85.3 155 250 80 83 8.5:1 3.08:1 8.5:1 3.89:1 2 42 34 195.4 74.4 3885 A 160.6 62.2 2009 M B210 Capri II 21.50 171 109 146 8.2:1 3.22:1 Pacer 19.70 258 110 195 8.0:1 3.08:1 Babcat 20.30 140 Granada 17.80 302 83 129 220 8.0:1 109 8.4:1 3.40:1 3.0:1 Eldorado 14.39 500 190 360 8.5:1 2.73:1 Imperial Nova LN 14.89 440 215 330 8.2:1 2.71:1 Valiant 17.80 16.41 318 350 155 250 8.5:1 3.08:1 Starfire 23.54 231 145 255 8.5:1 110 175 2.45:1 8.0:1 2.56:1 Cordoba 21.47 360 180 290 8.4:1 2.45:1 2 Trans AM 16.59 400 185 NA 76:1 3.08:1 Corolla E-5 31.90 96.9 75 83 9.0:1 4.30:1 Astre 29.40 140 86 NA 8.0:1 2.92:1 Mark IV 13.27 460 Celica GT 23.90 133.6 Charger SE 19.73 318 223 366 8.0:1 96 120 8.4:1 140 255 8.5:1 3.00:1 4 3.91:1 2.71:1 2122444222422422 2 2 25 2 3 5453333333333343 170.4 66.9 2655 M 171.5 77 3375 A 168.8 69.4 2700 M 199.9 74 3890 A 224.1 79.8 5290 A 231.0 79.7 5185 A 179.3 65.4 3 214.2 76.3 196 73 196.7 72.2 3910 A 1976 71 3660 A 3050 A 4250 A 3850 A Cougar 13.90 351 Elite Matador Corvette 13.27 351 13.77 360 16.50 350 148 243 8.0:1 3.25:1 2 148 243 8.0:1 3.26:1 2 195 295 8.25:1 3.15:11 165 255 8.5:1 2.73:1 2244 3 165.2 61.8 2275 M 176.4 65.4 2150 M 228 79.8 5430 A 171.5 63.4 2535 M 215.3 76.3 4370 A 215.5 78.5 4540 A 333 216.1 78.5 4715 A 209.3 77.4 4215 A 185.2 69 3660 A
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Payal Mittal
I specialize in finance and accounts.You can ask any question related to til undergradution.Organizational behaviour and HRM are my favourites for you can always relate to them and is an art with practical knowledge base.
4.90+
226+ Reviews
778+ Question Solved
Related Book For
Introduction To Linear Regression Analysis
ISBN: 9781119578727
6th Edition
Authors: Douglas C. Montgomery, Elizabeth A. Peck, G. Geoffrey Vining
Question Posted:
Students also viewed these Business questions
-
In Problem 2.4 you were asked to compute a $95 %$ CI on mean gasoline prediction interval on mileage when the engine displacement $x_{1}=275$ in. $^{3}$ Compare the lengths of these intervals to the...
-
Using the gasoline mileage data in Table B. 3 find the eigenvectors associated with the smallest eigenvalues of \(\mathbf{X}^{\prime} \mathbf{X}\). Interpret the elements of these vectors. What can...
-
Consider the gasoline mileage data in Table B.3. a. Fit a multiple linear regression model relatmg gasoline mileage $y$ (miles per gallon) to engine displacement $x_{1}$ and the number of carburetor...
-
How many moles of carbon dioxide, CO2, are in a 22 gram sample of the compound?
-
Edith exchanges a machine used in her business for another machine and stock of Teal, Inc. If Edith had sold her machine, she would have had a realized gain. Explain why the new machine will have a...
-
Steven, who was age 76 at the beginning of 2019, owns a RRIF that was first established in 2014. On January 1, 2019, the market value of assets of Steven's RRIF was $298,000. What is the minimum...
-
McDonald and Ayers [1978] present data from an early study that examined the possible link between air pollution and mortality. Table B. 15 summarizes the data. The response MORT is the total...
-
Discuss why variable pay-for-performance plans have become popular and what elements are needed to make them successful.
-
Convert the following NFA to an equivalent deterministic finite automaton: Start 0.1 Provide both the state diagram as well as the definition of each component of the proposed M = (E,Q, S, A, 6).
-
Analyze the housing price data in Table B. 4 for multicollinearity. Use the variance inflation factors and the condition number of \(\mathbf{X}^{\prime} \mathbf{X}\). y X1 X2 X3 X4 X5 X6 X7 Xg 25.9...
-
Consider the gasoline mileage data in Table B.3. a. Does the correlation matrix give any indication of multicollinearity? b. Calculate the variance inflation factors and the condition number of...
-
If A is an invertible n à n matrix, show that adj A is also invertible and that (adj A)-1- A = adj (A-1) det A
-
Nancy is a member of a defined contribution 0 pension plan. Both she and her employer contribute 5% of her salary to the plan each year; her salary is $45,000. Nancy's pension assets are valued at...
-
Ramador Company uses a special payroll account to pay employees. The gross amount of the payroll this week is $5,700; the net amount is $4,900. Journalize the distribution of paychecks to the...
-
Placid Lake Corporation acquired 70 percent of the outstanding voting stock of Scenic, Incorporated, on January 1, 2023, when Scenic had a net book value of $470,000. Any excess fair value was...
-
Jason owns a toy factory with an adjusted basis of $300,000. In 2018, his factory is destroyed by a fire. Jason receives $350,000 in insurance proceeds. Jason uses $320,000 of those proceeds to...
-
What happens if you include the name of a variable multiple times in a select( call? 3. What does the one of function do? Why might it be helpful in conjunction with this vector?
-
Repeat Prob. 621, part b, using the modified Goodman criterion.
-
This problem continues the Draper Consulting, Inc., situation from Problem 12-45 of Chapter 12. In October, Draper has the following transactions related to its common shares: Oct 1 Draper...
-
You are a supervisor at your company. You've overheard Employee A making offensive comments to other employees, and Employee B has complained about these comments. You've given Employee A a verbal...
-
What is the probability of developing and dying from cancer today?
-
On January 1, 2024, Majestic Mantles leased a lathe from Equipment Leasing under a finance lease. Lease payments are made annually. Title does not transfer to the lessee and there is no purchase...
Study smarter with the SolutionInn App