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The admissions officer for Clearwater College developed the following estimated regression equation relating the final colleg
b. Using a = .05, test for overall significance. - Select your answer - c. Did the estimated regression equation provide a go
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Answer #1

a)

df(regression)=2

df(residual)=10-2-1=7

SS(residual)=1.7621-0.1.88=0.1179

MS=SS/df

F=0.8811/0.0168=52.3100

t statistic=b1/sb1

p-value=tdist(t,7,2)

df SS MS F significance F
Regression 2 1.7621 0.8811 52.3100 0.0000
residual 7 0.1179 0.0168
Total 9 1.88
Coefficients standard error t stat p-value
Intercept -1.4053 0.4848 -2.8987 0.0230
X1 0.0235 0.0087 2.7011 0.0306
X2 0.0049 0.0011 4.4545 0.0030

b)

p-value is less than 0.05,so regression model is significant.

c)

R^2=1.7621/1.88=0.9373

As,93.73% of the variation is explained by the model,so,yes,it provides good fit.

d)

As,p-value for both slope coefficients is less than 0.05,so both coefficients are significant.

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