The Minitab printout below resulted from fitting the following model to n = 15 data points: y
Question:
y = β0 + β1x1 + β2x2 + ε
where
a. Report the least squares prediction equation.
b. Interpret the values of β1 and β2.
c. Interpret the following hypotheses in terms of μ1, μ2, and μ3:
H0: β1 = β2 = 0
Ha: At least one of the parameters β1 and β2 differs from 0
d. Conduct the hypothesis test of part c.
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Related Book For
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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