A clothing manufacturer wants to estimate the amount of scrap cloth generated each day by its fabric cutting machines. Eight potential independent variables have been identified, including, for example,
=x1 amount of cloth run through cutting machines (in square feet), |
=x2 machine cutting speed (in feet per minute), |
=x8 age of machine (in years). |
The manufacturer selects 7 of the candidate independent
variables to use in a multiple regression model for estimating y,
the amount of scrap cloth (in square feet). Using data collected
from 20 different cutting machines operating on different days, the
model =y+β0+β1x1+β2x2+...β7x7 is fit to the data. Fill in the
blanks in the analysis of variance (ANOVA) table associated with
this model. Do all calculations to at least three decimal
places.
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Source of Variation | Degrees of Freedom | Sum of Squares | Mean Squares | F Statistic |
Regression | 7 | 406 | 58 | 17.4000 |
Error | 12 | 40 | 3.3333 | |
Total | 19 | 446 |
>> Calculations:
A clothing manufacturer wants to estimate the amount of scrap cloth generated each day by its...
A clothing manufacturer wants to estimate the amount of scrap cloth generated each day by its fabric cutting machines. Eight potential independent variables have been identified, including, for example, x1 = amount of cloth run through cutting machines (in square feet), r2machine cutting speed (in feet per minute) = age of machine (in years) The manufacturer selects 4 of the candidate independent variables to use in a multiple regression model for estimating y, the amount of scrap cloth (in square...
1. One Price Realty Company wants to develop a model to estimate the value of houses in its inventory The office manager has decided to develop a multiple regression model to help explain the variation in house values. (25 points) The office manager has chosen the following variables to develop the model: X1 square feet X2- age in years x3- dummy variable for house style (1 if ranch, 0 if not) X4-2d dummy variable for house style (I if split...
The following ANOVA model is for a multiple regression model
with two independent variables:
Degrees
of
Sum
of
Mean
Source
Freedom
Squares
Squares
F
Regression
2
60
Error
18
120
Total
20
180
Determine the Regression Mean Square (MSR):
Determine the Mean Square Error (MSE):
Compute the overall Fstat test statistic.
Is the Fstat significant at the 0.05 level?
A linear regression was run on auto sales relative to consumer
income. The Regression Sum of Squares (SSR) was 360 and...