The Minitab output displayed here is the result of a multiple regression analysis with three independent variables.
Question:
Discuss the computer output and the role x1 plays in this regressionmodel.
Transcribed Image Text:
The regression equation is Y = 121 + 13.4 X1-0.632 X2 + 1.42 X3 Predictor Constant Coef 121.31 13.355 -0.6322 1.421 Stdev 11.56 4.714 0.2270 3.342 10.50 2.93 014 -2.79 .015 678 0.43 S-7.041 R-sg 79.5% R-sq (adj) 74.7% Analysis of Variance df Source Regression Error Total MS 3 2491.98 830.66 16.76 000 49.58 644.49 16 3136.47 13
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
This regression model has relatively strong predictability as i...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
The computer output given here is the result of a stepwise multiple regression analysis to predict a dependent variable by using six predictor variables. The number of observations was 108. Study the...
-
The computer output given here is the result of a stepwise multiple regression analysis to predict a dependent variable by using six predictor variables. The numbers of observations were 108. Study...
-
Consider a regression analysis with three independent variables x1, x2, and x3. Give the equation for the following regression models: a. The model that includes as predictors all independent...
-
Consider an ideal dual-loop heat-powered refrigeration cycle using R-134a as the working fluid, as shown in Fig. P9.135. Saturated vapor at 200 F leaves the boiler and expands in the turbine to the...
-
Generalize exercise 3.182 to dispense with the assumption that S is closed. That is, let S be a nonempty, convex set in a Euclidean space X and y S. There exists a continuous linear functional f X*...
-
Dimeback Co. has total assets of $8,500,000 and a total asset turnover of 2.35 times. If the return on assets is 9 percent, what is its profit margin?
-
The floating rate portion of a plain vanilla interest rate swap with yearly payments and a notional principal of one unit has cash flows at the end of each year defining a stream starting at time 1...
-
McCormick Software reported the following amounts on its balance sheets at December 31, 2012, 2011, and 2010: Sales and profits are high. Nevertheless, McCormick is experiencing a cash shortage....
-
What insights can be gleaned from complexity theory and systems thinking in understanding the emergent dynamics of protracted conflicts, and how might such insights inform the design of multifaceted,...
-
XYZ is a calendar-year corporation that began business on January 1, 2020. For the year, it reported the following information in its current-year audited income statement. Notes with important tax...
-
Given here are the data from a dependent variable and two independent variables. The second independent variable is an indicator variable with several categories. Hence, this variable is represented...
-
Given here is Excel output for a multiple regression model that was developed to predict y from two independent variables, x1 and x2. Variable x2 is a dummy variable. Discuss the strength of the...
-
Why does an extension of a product line to include a small number of related products contribute to higher levels of profitability?
-
Kaplan & Norton suggest techniques for implementing strategies without disrupting organizations. Provide examples from your work experience of disruptive and non-disruptive strategy implementations. ...
-
explain how to respond to the post below in an educated manner? Hello everyone, I hope everyone is having a lovely week. The positive thing that happened to me this week is that my car play is...
-
The UDL and the COE lesson plan align by ensuring that each student is thought of and multiple engagement strategies of teaching are involved in each lesson. Section 1:Multiple Means of Engagement I...
-
Part A: Safety and Security in the Workplace Discuss some of the common safety and security concerns in today's workplace. What are some important laws that may help organizations reduce risk? What...
-
One characteristic of inclusive leadership is respect for diverse cultural preferences and beliefs. To what extent should this govern the style and behavior of the inclusive leader? Why?
-
In Problem which rows and columns of the game matrix are recessive? 2 -4 2 3 -5]
-
$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000 on September 18. What final payment is required on November 12 to fully repay the loan?
-
What is the difference between a change in autonomous spending and an induced change in spending?
-
Suppose that the Canadian national average wait time for patients to see a doctor in a walk-in clinic is 21.3 minutes. Suppose such wait times are normally distributed with a standard deviation of...
-
Data accumulated by Environment Canada show that the average wind speed in kilometres per hour for Victoria International Airport, located on the Saanich Peninsula in British Columbia, is 9.3....
-
Marriott of business travellers who take trips of five nights or more. According to this study, 37% of these travellers enjoy sightseeing more than any other activity that they do not get to do as...
-
Exploring Variable Length Parameter Lists The file Parameters.java contains a program to test the variable length method average from Section 7.5 of the text. Note that average must be a static...
-
How would I write a test case for the following steps so that the test cases run properly @Test void dequeueItemsHasRightValuesAndSize() { Queue testQ = new Queue (); int result; enqueueValues(testQ,...
-
Analyse the quality of the Java codes below public static boolean leap(int y) { String tmp = String.valueOf(y); if (tmp.charAt(2) == '1' || tmp.charAt(2) == '3' || tmp.charAt(2) == 5 || tmp.charAt(2)...
Study smarter with the SolutionInn App