Study the following Excel multiple regression output. How many predictors are in this model? How many observations?
Question:
Transcribed Image Text:
SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.842 0.710 0.630 109.430 ANOVA 321946.82 131723.20 453670.00 MS 107315.6 11974.8 Significance F 0.0027 8.96 Regression Residual Total P-value 0.0024 0.0087 0.2222 0.0349 Coefficients Standard Error t Stat 3.92 3.19 657.053 Intercept x Variable1 x Variable 2 x Variable 3 167.46 1.792 0.322 1.443 5.7103 -0.4169 -3.4715 -2.41
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
There are 3 predictors in this model and 15 observations The regression ...View the full answer
Answered By
Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
5.00+
120+ Reviews
150+ Question Solved
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Question Posted:
Students also viewed these Statistics questions
-
What is the equation of the line that passes through a graph of the points of the sequence defined by u1 = 4 un = un-1 - 3 where 2
-
What is the equation of exchange?
-
What is the equation of this point? 100
-
Assume that on July 1, 2014, Big Corp. loaned little Corp. $12,000 for aperiod of one year at 6percent interest. What amount of interest revenue will big report for 2014? What amount of cash will big...
-
Explain whether a theory without predictions should be accepted.
-
Optimum Health Inc. provides diet, fitness, and nutrition services to clients who want a healthier lifestyle. The company customizes a program for each client based on their individual goals that...
-
For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility)....
-
This information relates to the Cash account in the ledger of Hawkins Company. Balance September 1'$16,400; ... Cash deposited'$64,000 Balance September 30'$17,600; ..... Checks written'$62,800 The...
-
Your 3 year old nephew got into the workbench and mixed iron filings into a container with sugar and marbles. Explain the steps you would take to separate and recover each substance (use point form...
-
Laiho Industries's 2017 and 2018 balance sheets (in thousands of dollars) are shown. a. Sales for 2018 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciation and amortization were...
-
Use the following data to develop a regression model to predict y from x1 and x2. Comment on the output. Develop a regression model to predict y from x1 only. Compare the results of this model with...
-
Using the regression output obtained by working Problem 13.5, comment on the overall strength of the regression model using S, R2, and adjusted R2. Discuss.
-
You are watching two items posted for sale on eBay and bid $30 for the first and $20 for the second item. You estimate that you are going to win the first bid with probability 0.1 and the second bid...
-
When Crocs wanted to increase their sales they used analysis of known behavioural attributes to gain an understanding of their customers and decide on a strategy for contacting them. The resulting...
-
Write a program that assigns seats on an airplane as described in Exercise P12.6 . Keep the seating information in a database. Data from exercise P12.6 Airline seating. Write a program that assigns...
-
In the razor selling business, Gillettes most cut-throat competition is itself. Dominating the market with a reported 85 per cent of sales, Gillette builds on its success with constantly evolving...
-
Design a DTD for invoices, as described in How To 25.3. Data from how to 25.3 Rams 1 3. LESENE 2212 HOW TO 25.3 Writing a DTD You write a DTD to describe a set of XML documents of the same type. The...
-
Recently, a surgical group in Manhattan posted a website that includes a page that refreshes every 10 minutes and shows how close the doctors are following their "scheduled appointment" times. In...
-
Some nebulas are clouds of gas. Some clouds of gas are objects invisible to the naked eye. Therefore, some objects invisible to the naked eye are nebulas. Use the five rules to determine whether the...
-
Sandcastles, Inc.s management has recently been looking at a proposal to purchase a new brick molding machine. With the new machine, the company would not have to buy bricks. The estimated useful...
-
Distinguish validity from reliability.
-
Calls Answers.com claims that the mean length of all cell phone conversations in the United States is 3.25 minutes (3 minutes and 15 seconds). Assume that this is correct, and also assume that the...
-
When you have your blood pressure taken, the larger number is the systolic blood pressure. Using data from NHANES, we looked at whether men and women have different systolic blood pressure levels. a....
-
Report and interpret the 95% confidence interval for the difference in mean triglyceride level for men and women (refer to the Minitab output in Exercise 9.59). Does this support the hypothesis that...
-
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500...
-
Taylor Swift's most recent tour was a success by every measure. Named after the bestselling album of her career 1989, it grossed more than $250 million worldwide the top tour of 2015 raved about the...
-
Activity Purchasing material Receiving material Setting up equipment Machine depreciation and maintenance Ensuring regulatory compliance Shipping Total estimated cost Recommended Cost Driver Number...
Study smarter with the SolutionInn App