Refer to Brand preference Problem 6.5 a. Transform the variables by means of the correlation transformation (7.44)
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Question:
Refer to Brand preference Problem 6.5
a. Transform the variables by means of the correlation transformation (7.44) and fit the standardized regression model (7.45).
b. Interpret the standardized regression coefficient b1*.
c. Transform the estimated standardized regression coefficients by means fo (7.53) back to the ones for the fitted regression model in the original variables.
Problem 6.5 Data: n = 16
Yi | Xi1 | Xi2 |
64 | 4 | 2 |
73 | 4 | 4 |
61 | 4 | 2 |
76 | 4 | 4 |
72 | 6 | 2 |
80 | 6 | 4 |
71 | 6 | 2 |
83 | 6 | 4 |
83 | 8 | 2 |
89 | 8 | 4 |
86 | 8 | 2 |
93 | 8 | 4 |
88 | 10 | 2 |
95 | 10 | 4 |
94 | 10 | 2 |
105 | 10 | 4 |
Related Book For
An Introduction to Statistical Methods and Data Analysis
ISBN: 978-1305269477
7th edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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