Question: 13.24 Construction Projects In a study to examine the relationship between the time required to complete a construction project and several pertinent independent variables, an

13.24 Construction Projects In a study to examine the relationship between the time required to complete a construction project and several pertinent independent variables, an analyst compiled a list of four variables that might be useful in predicting the time to completion. These four variables were size of the contract, x (in $1000 units), number of work- days adversely affected by the weather x2, number of subcontractors involved in the project x4, and a variable x3 that measured the presence (x3 = 1) or absence (x = 0) of a workers' strike during the construction. Fifteen construction projects were randomly chosen, and each of the four variables as well as the time to completion were measured.

> X1 X2 88 29 60 7 15 80 10 200 X3

An analysis of these data using a first-order model in X1, X2, X3, and x4 produced the following printout. Give a complete analysis of the printout and interpret your results. What can you say about the apparent contribu- tion of x and x2 in predicting y? X 7 8 60 100 8 1 10 10 50 14 0

5 70 200 12 1 11 15 50 4 0 3 75

> X1 X2 88 29 60 7 15 80 10 200 X3 X 7 8 60 100 8 1 10 10 50 14 0 5 70 200 12 1 11 15 50 4 0 3 75 500 15 1 12 30 75 5 0 6 45 750 10 0 10 90 1200 20 1 12 7 70 5 0 3 2888 21 80 3 0 6 300 8 50 30 2600 14 110 7 110 8 13 4

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