Question

Exercise 15.01 Algorithmic Question 15 Check My LD eBook The estimated regression equation for a model involving two independ
0 0
Add a comment Improve this question Transcribed image text
Answer #1

b1= 0.8409

It shows that when x1 increases by 1 unit y increases by 0.8409 unit. It shows positive relationship between y and x1.

b2= 0.3325

It shows that when x2 increases by 1 unit y increases by 0.3325 units. It shows the positive relationship between x2 and y

b. y= 34.8036 + 0.8409*180 + 0.3325*310

y= 289.2406

Add a comment
Know the answer?
Add Answer to:
Exercise 15.01 Algorithmic Question 15 Check My LD eBook The estimated regression equation for a model...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Questions Exercise 15.01 Algorithmic eBook The estimated regression equation for a model involving two independent variables...

    Questions Exercise 15.01 Algorithmic eBook The estimated regression equation for a model involving two independent variables and 10 observations follows = 30.4517 + 0.61357 + 0.703722 a. Interpret by and be in this estimated regression equation. y changes by 0.6435 when xl increases by 1 unit and x2 stays the same 7 by o y changes by 0.7037 when x2 increases by 1 unit and xl stays the same y b. Estimate y when - 180 and 9 - 310...

  • The estimated regression equation for a model involving two independent variables and 10 observations follows. y = 32.3...

    The estimated regression equation for a model involving two independent variables and 10 observations follows. y = 32.3322 + 0.7179x1 + 0.7718x2 a. Interpret b1 and b2 in this estimated regression equation - Select your answer - b2 - Select your answer - 180 and x2 b. Estimate y when x1 310 (to 3 decimals).

  • The estimated regression equation for a model involving two independent variables and 10 observations follows. v=27.085...

    The estimated regression equation for a model involving two independent variables and 10 observations follows. v=27.085 + 0.3331 + 0.604222 a. Interpret by and b2 in this estimated regression equation. bi Select your answer 02 Select your answer b. Estimate y when Z1 =180 and 22 = 310 (to 3 decimals). The exercise involving data in this and subsequent sections were designed to be solved using Excel. The following estimated regression equation is based on 30 observations. y = 17.2...

  • The estimated regression equation for a model involving two independent variables and 10 observations follows. y^=...

    The estimated regression equation for a model involving two independent variables and 10 observations follows. y^= 30.6764 + .8162x1 + .4221x2 a. Interpret b1 and b2 in this estimated regression equation. b1 = [- Select your answer -(y changes by 0.8162 when x1 increases by 1 unit and x2 stays the same) (y changes by 0.8162 when x2 increases by 1 unit and x1 stays the same) (y changes by 0.4221 when x1 increases by 1 unit and x2 stays...

  • 1-select your answer 2- select your answer The estimated regression equation for a model involving two...

    1-select your answer 2- select your answer The estimated regression equation for a model involving two independent variables and 10 observations follows 32.51440.74821 0.6685z2 Interpret bi and b in this estimated regression equation. a. bi Select your answer by Select your answer- 180 and a2 310 (to 3 decimals). b. Estimate y when a Select your answer y changes by 0.7482 when x1 increases by 1 unit and x2 stays the same y changes by 0.7482 when x2 increases by...

  • eBook Video In a regression analysis involving 30 observations, the following estimated regression equation was obtained....

    eBook Video In a regression analysis involving 30 observations, the following estimated regression equation was obtained. 17.6+3.8z-2.3z +7.6z, +2.7z For this estimated regression equation SST- 1805 and SSR- 1,764. a. At a 0.05, test the significance of the relashionship among the variables. SSE (to 1 decimal, if necessary) MSR (to 1 decimal, if necessary) MSE (to 2 decimal if necessary) What is the value of the F test statistic (to 1 decimal)? Use Table 4 in Appendix B. What is...

  • eBook The exercise involving data in this and subsequent sections were designed to be solved using...

    eBook The exercise involving data in this and subsequent sections were designed to be solved using Excel The following estimated regression equation is based on 30 observations. 17.14-2.5z27.6z +2.9z4 The values of SST and SSR are 1,804 and 1,759, respectively a. Compute R (to 3 decimals). b. Compute Ra (to 3 decimals). C. How good is the fit provided by the estimated regression equation? Select your answer The estimated regression equation provided an excellent f The estimated regression equation provided...

  • Check My Work eBook The exercise involving data in this and subsequent sections were designed to be solved using Ex...

    Check My Work eBook The exercise involving data in this and subsequent sections were designed to be solved using Excel In a regression analysis involving 30 observations, the following estimated regression equation was obtained. Enter negative values as negative numbers 9 = 17.6 +3.821 - 2.33; +7.673 +2.724 , and by in this estimated regression equation. Assume that for each coefficient statement, the remaining three variables are held constant a. Interpret bi, s (to 1 decimal). by estimated change in...

  • Question: Comment on the goodness of fit of the model. The estimated regression equation for a...

    Question: Comment on the goodness of fit of the model. The estimated regression equation for a model involving two independent variables and 65 observations is: yhat = 55.17+1.1X1 -0.153X2 Other statistics produced for analysis include: SSR = 12370.8, SST = 35963.0, Sb1 = 0.33, Sb2 = 0.20.

  • please interpret the estimated regression equation and estimate Y.

    In a regression analysis involving 30 observations, the following estimated regression equation was obtained.A. Interpret b1, b2, b3, and b4 in this estimated regression equation. Assume that for each coefficient statement, the remaining three variables are heldconstant.b1 = estimated change in y per 1 unit change in x1b2 = estimated change in y per 1 unit change in x2b3 = estimated change in y per 1 unit change in x3b4 = estimated change in y per 1 unit change in...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT