Question: 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,

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 by x2, x3, and x4. How many categories are needed in total for this independent variable? Use a computer to perform a multiple regression analysis on this data to predict y from the x values.

Discuss the output and pay particular attention to the dummyvariables.

0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1963089460475049327 1 1.6 2.3 2.0 1.8 1.3 2 2 2 1 1 2 1 1 1 2 1 3 2 5 9 4 0 8 4 9 1 4 6 0 3496 1

Step by Step Solution

★★★★★

3.37 Rating (181 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The indicator variable has c 4 categories as shown by the c 1 3 categorie... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

243-M-S-L-R (437).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Here are the data from the small bookstore we saw in chapter 15, Exercise, The regression line is: Sales = 8.10 + 0.913 number of sales people working and we can assume that the assumptions and...

Given here are the data for a dependent variable, y, and independent variables. Use these data to develop a regression model to predict y. Discuss theoutput. x1 14 51 17 48 29 29 16.4 56 17.164 18.2...

Given here are the data for a dependent variable, y, and independent variables. Use these data to develop a regression model to predict y. Discuss the output. Which variable is an indicator variable?...

MDM4U Summer Session Culminating Activity: Data Analysis Project Statistics Project Description The goal of this culminating statistics project is to identify the factors that might have some...

grade 12 data management assignment MDM4U Summer Session Culminating Activity: Data Analysis Project Statistics Project Description The goal of this culminating statistics project is to identify the...

The goal of this culminating statistics project is to identify the factors that might have some influence on a chosen topic/variable.You will be collecting and analysing data for three different...

Cumulative Assignment #1 - Statistical Analysis Data Analysis Project Description The goal of this culminating statistics project is to identify the factors that might have some influence on a chosen...

the standard width of a high school basketball court is 50 feet. If 1 meter =3.3 feet, what is the width of the basketball court in meters? Round to the nearest tenth, if necessary.

It is well documented that cholesterol over 200 is a risk factor in developing heart disease for both men and women. Younger men are known to have higher cholesterol levels than younger women;...

Describe the challenges that plants faced when they entered the land, and how they overcame them. Answer in complete sentences. You need 5 key ideas to earn the 5 points. This should not be a list!!

Longform Credit receives an average of 1,200 credit applications per day. Longform's advertising touts its efficiency in responding to all applications within hours. Daily application-processing...

Shown here is a decision table. A forecast can be purchased by the decision-maker. The forecaster is not correct 100% of the time. Also given is a table containing the probabilities of the forecaster...

Managers of a manufacturing firm decided to add picture frames to its list of production items. However, they have not decided how many to produce because they are uncertain about the level of...

a. A small retailer began as a mom-and-pop operation selling crafts and consignment items. During the past two years, the stores volume grew significantly. The owners are trying to decide whether to...

CASE 1 How Come They Make More Than Me? Fran Jefferson began her job as the supervisor of the Training Department of Metro Bank and Trust Company almost four years ago. She was generally pleased with...

Chapter 14 The Cost of Capital for Swan Motors, Inc. Input area: Maturity Year 2019 2021 Book value Quoted price $ 835 98.200 $ 1,200 94.080 YTM 1.121% 2.789% BV of debt (balance sheet) $ BV per...

QUESTION 28 1 points Save Answer CURRENCY SWAP. For this and the next 3 questions: Consider a currency swap between Party X in the USA and Party Y in Switzerland. The swap is for $10 million and SF15...