Question

The CEO of a well-known car seller company wants to determine the factors having an influence...

The CEO of a well-known car seller company wants to determine the factors having an influence on the percentage amount of car sales. The table below shows the result of a regression after setting a model with variables available.

The model includes the variable CONVERTIBLE which equals 1 if the car is convertible, zero otherwise.

The regression equation when the car is not convertible is........

Coefficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

t

Sig.

B

Std. Error

Beta

1

(Constant)

-2.210

1.930

-1.145

.285

Dependability

.550

.272

.384

2.024

.078

Interiorcomfort

.252

.180

.270

1.399

.199

Acceleration

.448

.233

.429

1.921

.091

Convertible

-.100

.204

-.187

-1.179

.272

a. Dependent Variable: Sales

A- yhat = -2.31 + 0.55X1 +0.252X2 +0.448X3

B -yhat = -2.21 + 0.55X1 +0.252X2 +0.448X3

C- yhat = -2.31 + 0.55X1 +0.252X2 +0.448X3 - 0.1X4

D- Yhat = -2.21 + 0.55X1 + 0.252X2 + 0.448X3 -0.1X4

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Regression equation when the car is not convertible i.e. convertible = 0 will be:

yhat = -2.21 + 0.55X1 +0.252X2 +0.448X3

Option B is correct.

Add a comment
Know the answer?
Add Answer to:
The CEO of a well-known car seller company wants to determine the factors having an influence...
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
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