Refer to Problem 22. Using your final fitted regression function, forecast Taste (quality) for Acetic = 5.750,

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Refer to Problem 22. Using your final fitted regression function, forecast Taste (quality) for Acetic = 5.750, H2S = 7.300, and Lactic = 1.85. (All three independent variable values may not be required.) Although n in this case is small, construct the large-sample approximate 95% prediction interval for your forecast. Do you feel your regression analysis has yielded a useful tool for forecasting cheese quality? Explain.
Problem 22
The quality of cheese is determined by tasters whose scores are summarized in a dependent variable called Taste. The independent (predictor) variables are three chemicals that are present in the cheese: acetic acid, hydrogen sulfide (H2S), and lactic acid. The 15 cases in the data set are given in Table P-22. Analyze these data using multiple regression methods. Be sure to include only significant independent variables in your final model and interpret R2. Include an analysis of the residuals.
Refer to Problem 22. Using your final fitted regression function,
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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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