The output below is from a multiple linear regression analysis The analysis attempts to link a dependent variable y to independent variables x 1 and x 2 a Identify and interpret the estimated regression coefficients for x 1 and x 2 b Identify and interpret the standard error of estimate c Identify ...

a The coefficient for x 1 is 2869 indicating that if x 2 is held constant ...

The output below is from a multiple linear regression analysis. The analysis attempts to link a dependent

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The output below is from a multiple linear regression analysis. The analysis attempts to link a dependent variable y to independent variables x₁ and x₂.

a. Identify and interpret the estimated regression coefficients for x₁ and x₂.

b. Identify and interpret the standard error of estimate.

c. Identify and interpret the values of r² and r.

d. Show that r² is the ratio of explained variation (SSR) to total variation (SST).

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Understanding Business Statistics

ISBN: 978-1118145258

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Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Question Posted: Jul 16, 2015 11:44 PM

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The output below is from a multiple linear regression analysis. The analysis attempts to link a dependent

Question:

Regression Statistics Multiple R R Square Adjusted R Sq Standard Error Observations 0.513 0.264 0.080 24.649 ANOVA df Regression Eor (Residual) Total 173989 4860.11 6600.00 10 Intercept X 1 X2 Coeffs -4.858 2.869 6.891

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a The coefficient for x 1 is 2869 indicating that if x 2 is held constant ...View the full answer

Understanding Business Statistics

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