In testing 9 sedans, an automotive publication rated each on 13 different characteristics, including ride, handling, and driver comfort. Each vehicle also received an overall rating. Scores for each vehicle were as follows
A. . Determine the slope of Ride of least-squares multiple regression equation. (Specify your answer to 3rd decimal point)
b. Determine the slope of Handling of least-squares multiple regression equation. (Specify your answer to 3rd decimal point)
c. Determine the slope of Comfort of least-squares multiple regression equation. (Specify your answer to 2nd decimal point)
d. What is the estimated overall rating for a vehicle that scores 6 on ride, 9 on handling, and 7 on driver comfort? (Specify your answer to 3rd decimal point)
e. Determine the upper limit of 95% confidence interval. (Specify your answer to 3rd decimal point)
f. Determine the lower limit of 95% confidence interval. (Specify your answer to 3rd decimal point)
g. Determine the upper limit of 95% prediction interval. (Specify your answer to 3rd decimal point)
h. Determine the lower limit of 95% confidence interval. (Specify your answer to 3rd decimal point)
car | y=Overall rating | x1 = Ride | x2 = Handling | x3 = Driver comfort |
1 | 85 | 8 | 7 | 7 |
2 | 88 | 8 | 8 | 8 |
3 | 85 | 6 | 8 | 7 |
4 | 85 | 8 | 7 | 9 |
5 | 97 | 9 | 9 | 9 |
6 | 86 | 8 | 8 | 9 |
7 | 90 | 9 | 6 | 9 |
8 | 84 | 7 | 8 | 7 |
9 | 94 | 8 | 9 | 8 |
Sol:
in excel instal analysis toolpak and then go to
Data>Data analysis>Regression
You get
From output
SUMMARY OUTPUT | ||||||
Regression Statistics | ||||||
Multiple R | 0.869627 | |||||
R Square | 0.75625 | |||||
Adjusted R Square | 0.61 | |||||
Standard Error | 2.858028 | |||||
Observations | 9 | |||||
ANOVA | ||||||
df | SS | MS | F | Significance F | ||
Regression | 3 | 126.7139362 | 42.23798 | 5.170948098 | 0.05428 | |
Residual | 5 | 40.84161932 | 8.168324 | |||
Total | 8 | 167.5555556 | ||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | |
Intercept | 37.62642 | 13.4183161 | 2.804109 | 0.037809909 | 3.133541 | 72.1193 |
x1 = Ride | 3.675426 | 1.638912028 | 2.242601 | 0.074969511 | -0.53753 | 7.888384 |
x2 = Handling | 2.892045 | 1.055396771 | 2.740245 | 0.040780193 | 0.179062 | 5.605029 |
x3 = Driver comfort | -0.11009 | 1.624691264 | -0.06776 | 0.948604685 | -4.28649 | 4.066317 |
We get
y=37.62642+3.675426*x1+2.892045*x2-0.11009*x3
Solution-A:
slope of Ride=3.675
Solution-B:
slope of Handling=2.892
Solution-C:
slope of Comfort=-0.11
Solution-D:
we have
overall rating=37.62642+3.675426*x1+2.892045*x2-0.11009*x3
hat scores 6 on ride, 9 on handling, and 7 on driver comfort
so
overall rating=37.62642+3.675426*6+2.892045*9-0.11009*7
=84.93675
=84.937
ANSWER:
estimated overall rating=84.937
In testing 9 sedans, an automotive publication rated each on 13 different characteristics, including ride, handling,...
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