Question: 2. A consumer organization wants to develop a regression model to predict gasoline mileage (as measured by miles per gallon) based on the horsepower of
2. A consumer organization wants to develop a regression model to predict gasoline mileage (as measured by miles per gallon) based on the horsepower of the car's engine and the weight of the car in pounds. A sample of 15 recent car models was selected and the results are given below.
MPG
43.1
19.9
19.2
17.7
18.1
20.3
21.5
16.9
15.5
18.5
27.2
41.5
46.6
23.7
27.2
Horsepower
48
110
105
165
139
103
115
155
142
150
71
76
65
100
84
Weight
1985
3365
3535
3445
3205
2830
3245
4360
4054
3940
3190
2144
2110
2420
2490
Use Excel to find the multiple regression results for this problem. Include Excel results with your submission.
a. State the multiple regression equation for this problem.
b. Interpret the meaning of the slopes, b1and b2, for this problem.
c. Does the regression coefficient b0has a practical meaning in the context of this problem.
d. Predict the miles per gallon for cars that have 160 horsepower and weigh 3,500 pounds.
e.Determine the coefficient of multiple determination and interpret its meaning for this problem.
f.Determine the adjustedr2and interpret its meaning for this problem.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
