Question: A multiple regression model is to be constructed to model the time spent using the internet per week among internet users. The explanatory variables are
A multiple regression model is to be constructed to model the time spent using the internet per week among internet users. The explanatory variables are age, hours spent working per week and annual income.
Data has been collected on 30 randomly selected individuals:show data
a)Find the multiple regression equation using all three explanatory variables. Assume that x1is age, x2is hours working per week and x3is annual income. Give your answers to 3 decimal places.
y
^
=+age +hours working +annual income
b)At a level of significance of 0.05, the result of the F test for this model is that the null hypothesisisis notrejected.
c)The value of R2for this model, to 3 decimal places, is equal to
d)The value of s for this model, to 3 decimal places, is equal to
e)The least significant explanatory variable in this model is:
age
hours working per week
annual income
f)Construct a new multiple regression model by removing the variableannual income. Give your answers to 3 decimal places.
The new regression model equation is:
y
^
=+age +hours working
g)In the new model compared to the previous one, the value of R2(to 3 decimal places) is:
increased
decreased
unchanged
h)In the new model compared to the previous one, the value of s (to 3 decimal places) is:
increased
decreased
unchanged
i)The better model is the:
original model
reduced model
[1point]
-7 of 7ID:MST.MR.MRE.03.0010
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