Question: Hello I was having trouble my current chapter of Multiple Regression in my Buisness Statistics class and was curious if you could help me out.
Hello I was having trouble my current chapter of Multiple Regression in my Buisness Statistics class and was curious if you could help me out. I appreciate all the help that you and other people give on Course Hero.
A multiple regression analysis between yearly income (Y in $1,000s), college grade point average (X1), age of the individuals (X2), and the gender of the individual (X3; zero representing female and one representing male) was performed on a sample of 10 people, and the following results were obtained.
Coefficient Standard Error
Constant 4.0928 1.44
X1 10.023 1.6512
X2 0.1020 0.1225
X3 -4.4811 1.44
Analysis of Variance
Source of Variation Degrees of Freedom Sum of Squares Mean Square F
Regression 360.59
Error 23.91
a) Write the regression equation for the above
b) Interpret the meaning of the coefficient of X3
c) Compute the coeffcient of determination
d) Is the coefficient of X1 significant (alpha = 0.05)
e) Is the coefficient of X2 significant (alpha = 0.05)
f) Is the coefficient of X3 significant (alpha = 0.05)
g) Perform an F test and determine whether or not the model is significant
P.S. Thanks so much for your help. I wish you the best and want to thank you for your service.
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