Question: 5. Use software such as STATDISK, Minitab, or Excel to find the multiple regression equation of the form , where the response variable y represents
5. Use software such as STATDISK, Minitab, or Excel to find the multiple regression equation of the form , where the response variable y represents cost, x1 represents electricity consumption in kWh, and x2 represents average daily temperature. Also identify the value of the multiple coefficient of determination R2, the adjusted R2, and the P-value representing the overall significance of the multiple regression equation. Can the regression equation be used to predict cost? Are either of the regression equations from Exercises 3 and 4 better?
Cumulative Review Exercises Super Bowl Points and DJIA. Listed below are the total numbers of points scored in Super Bowl football games and the high value of the Dow Jones Industrial Average (DJIA).
The data are paired according to year, and they represent recent and consecutive years.
Use those sample data for Exercises 1-8.
yˆ 5 b0 1 b1x1 1 b2x2 Super Bowl Points 56 55 53 39 41 37 69 61 DJIA 6561 8259 9374 11,568 11,401 11,350 10,635 10,454 Cumulative Review Exercises 583 584 Chapter 10 Correlation and Regression
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