Question: A trucking company considered a multiple regression model for relating the dependent variable of total daily travel time for one of its drivers (hours) to

 A trucking company considered a multiple regression model for relating the

A trucking company considered a multiple regression model for relating the dependent variable of total daily travel time for one of its drivers (hours) to the predictors distance traveled (miles) and the number of deliveries of made. After taking a random sample, a multiple regression was performed and the output is given below. Interpret the slope of the deliveries variable. Predictor Coef Stdev t-ratio P Constant -1. 172 4. 702 -0. 25 0. 8075 distance 1. 709 10. 011 161 .8 2. 087e-21 deliveries 0. 369 0 . 204 1. 81 0 . 09616 9 = 5.385 R-sq = 99. 968 R-sq (adj ) = 99. 958 Analysis of Variance SOURCE DE SS MS F P Regression 2 773361.53 386680. 76 13336.39

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Mathematics Questions!