Study the following Minitab output from a regression analysis to predict y from x. a. What is

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Study the following Minitab output from a regression analysis to predict y from x.

a. What is the equation of the regression model?

b. What is the meaning of the coefficient of x?

c. What is the result of the test of the slope of the regression model? Let Î± = .10.Why is the t ratio negative?

d. Comment on r2 and the standard error of the estimate.

e. Comment on the relationship of the F value to the t ratio for x.

f. The correlation coefficient for these two variables is -.7918. Is this result surprising to you? Why or whynot?

Study the following Minitab output from a regression analysis to

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Business Statistics for Contemporary Decision Making

ISBN: 978-0470910184

6th Edition

Authors: Ken Black

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Question Posted: Mar 19, 2013 05:51 AM

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Study the following Minitab output from a regression analysis to predict y from x. a. What is

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a The regression equation is 672 00565 x b For every unit of increase in the value of x the predicte...View the full answer

Business Statistics for Contemporary Decision Making

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