Researchers carried out a study to see how y = ultimate deflection (mm) of reinforced ultrahigh toughness
Question:
a. Here is Minitab output from fitting the model with predictors x1, x2, and x3 = x1x2:
The regression equation is
y = 17.3 - 6.37 x1 - 3.66 x2 + 1.71 x1x2
Carry out a test of model utility.
b. Should the interaction predictor be retained in the model? Carry out a test of hypotheses using a significance level of .05.
c. The estimated standard deviation of Y^ when x1 = 3 and x2 = 6 is sY^ = .555. Calculate and interpret a confidence interval with a 95% confidence level for true average deflection under these circumstances.
d. Using the information in (c), calculate and interpret a prediction interval using a 95% confidence level for a future value of ultimate deflection to be observed when x1 = 3 and x2 = 6.
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
Step by Step Answer:
Probability And Statistics For Engineering And The Sciences
ISBN: 9781305251809
9th Edition
Authors: Jay L. Devore