Question: Regression analysis was applied between the dependent variable Y and two independent variables X 1 and X 2 . The following estimated regression equation was

Regression analysis was applied between the dependent variable Y and two independent variables X1 and X2. The following estimated regression equation was obtained with 63 observations:

Y= 5 + 5 X1 - 5 X2Sb1 = 5SSR = 5

Sb2 = 5SSE = 15

For a level of significance of 10%:

a) Test for a significant relationship among X1, X2 and Y (model significance).

b) Is X1 significant?

c) Is X2 significant?

d) Compute the coefficient of determination RA2.

e) Can you predict the value of Y when X1 = 1 and X2 = 1?

f) Would you change all your previous answers, including question e, for a lower level of significance? Why?

25 POINTS

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!