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?
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