10) The following computer printout is for the following multiple linear regression model, G= Bo + BIPg + B2DI+ B3Pnc+ e, where G is demand for gasoline, Pg is the price of gasoline, DI is disposable income, and Pnc is the price of a new car. ANOVA Significance df SS MS F Regression 3 39522.14 13174.05 Residual 15 313.777 17.43206 Total 18 39835.91 Standard Coefficients Error P-value Intereept -136.52 10.96646 Pg -22.3587 7.290932 DI 0.044582 0.013864 Pne -54.4312 0.221501 a. Interpret parameters of Pg (B,). b. Is the parameter of Pg (B) significant? Use a = 0.05 and interpret your results. c. Identify variance of the error term (s) from the printout. d. Calculate and interpret R. e. What is the meaning of the P-value for Pnc (0.221501)?

10) The following computer printout is for the following multiple linear regression model, G= Bo + BIPg + B2DI+ B3Pnc+ e, where G is demand for gasoline, Pg is the price of gasoline, DI is disposable income, and Pnc is the price of a new car. ANOVA Significance df SS MS F Regression 3 39522.14 13174.05 Residual 15 313.777 17.43206 Total 18 39835.91 Standard Coefficients Error P-value Intereept -136.52 10.96646 Pg -22.3587 7.290932 DI 0.044582 0.013864 Pne -54.4312 0.221501 a. Interpret parameters of Pg (B,). b. Is the parameter of Pg (B) significant? Use a = 0.05 and interpret your results. c. Identify variance of the error term (s) from the printout. d. Calculate and interpret R. e. What is the meaning of the P-value for Pnc (0.221501)?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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