Question: Using the appropriate model, sample size n, and output: 1. Report SSE, s 2 , and s as shown on the output. Calculate s 2

Using the appropriate model, sample size n, and output:
1. Report SSE, s2, and s as shown on the output. Calculate s2 from SSE and other numbers.
2. Report the total variation, unexplained variation, and explained variation as shown on the output.

3. Report R2 and R̅2 as shown on the output. Interpret R2 and R̅2. Show how  R̅2 has been calculated from R2 and other numbers.
4. Calculate the F(model) statistic by using the explained and unexplained variations (as shown on the output) and other relevant quantities. Find F(model) on the output to check your answer (within rounding).
5. Use the F(model) statistic and the appropriate critical value to test the significance of the linear regression model under consideration by setting α equal to .05.
6. Use the F(model) statistic and the appropriate critical value to test the significance of the linear regression model under consideration by setting α equal to .01.
7. Find the p-value related to F(model) on the output. Using the p-value, test the significance of the linear regression model by setting α = .10, .05, .01, and .001. What do you conclude?

Model: y = β0 + β1x1 + β2x2 + ϵ. Sample size: n = 8.

S = 0.367078 R-Sq Analysis of Variance Source Regression Residual Error Total

S = 0.367078 R-Sq Analysis of Variance Source Regression Residual Error Total = 97.4% R-Sq (adj) = 96.3% DF SS MS F 2 24.875 12.438 92.30 5 0.674 0.135 7 25.549 P 0.000

Step by Step Solution

3.46 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 2 Total variation 25549 Unexplained variation 0674 Explained ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics A First Course Questions!