9. Given the following, determine the regression equation of : () X1 on X2 and X3 (i) X2 on X1 and X3 12 = 0.8 oj = 10 13 = 0.6 02 = 8 23 = 0.5 03 = 5
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- Data from 147 colleges from 1995 to 2005 (Lee,2008) were tested to predict the endowments (in billions) to a college from the average SAT score of students attending the college. The resulting regression equation was Y = -20.46 + 4.06 (X). This regression indicates that: a. for every one-point increase in SAT scores, a college can expect 4.06 billion more in endowments. b. most colleges have very high endowments. c. for every one-point increase in SAT scores, a college can expect 20.46 billion fewer in endowments. d. for every one-dollar increase in endowments, the college can expect a half-point increase in SAT scores.A researcher is interested in finding out the factors which determined the yearly spending on family outings last year (Y, measured in dollars). She compiles data on the number of members in a family (X1), the annual income of the family (X2), and the number of times the family went out on an outing in the last year (X3). She collects data from 196 families and estimates the following regression: Y=120.45+1.54X1+2.12X2+2.12X3. Suppose β1, β2, β3, denote the population slope coefficients of X1, X2, and X3, respectively. The researcher wants to check if neither X1 nor X2 have a significant effect on Y or at least one of them has a significant effect, keeping X3 constant. She calculates the value of the F-statistic for the test with the two restrictions (H0: β1=0, β2=0 vs. H1: β1≠0 and/or β2≠0) to be 3.00. The p-value for the test will be enter your response here?It has been hypothesized that overall academic success for first-year college students as measured by grade point average (GPA) is a function of IQ scores = X1, and hours spent studying each week = X2. Suppose the regression equation is: Y = -5.7 + 0.02X1 +0.5X2 1) What is the predicted GPA for a student with an IQ of 100 and 40 hours spent studying per week? 2)Will the independent variables be endogenous? State what it means by endogenous, and explain why that will be the case. 3) If you have a choice to change the variables or add/drop variables, what would be your set of independent variables, and explain why you chose those variables.
- The owner of a movie theater company used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x,) and newspaper advertising (x,). The estimated regression equation was ý = 82.3 + 2.29x, + 1.90x2. The computer solution, based on a sample of eight weeks, provided SST = 25.1 and SSR = 23.415. (a) Compute and interpret R? and R 2. (Round your answers to three decimal places.) The proportion of the variability in the dependent variable that can be explained by the estimated multiple regression equation is 653 x . Adjusting for the number of independent variables in the model, the proportion of the variability in the dependent variable that can be explained by the estimated multiple regression equation is (b) When television advertising was the only independent variable, R2 = 0.653 and R,2 = 0.595. Do you prefer the multiple regression results? Explain. Multiple regression analysis (is preferred since both R2 and R.2 show an increased v v…Let x be the size of a house (in square feet) and y be the amount of natural gas used (therms) during a specified period. Suppose that for a particular community, x and y are related according to the simple linear regression model with the following values. ? = slope of population regression line = 0.016 ? = y intercept of population regression line = −7 Question: Graph the population regression line by first finding the point on the line corresponding to x = 1,000 and then the point corresponding to x = 2,000, and drawing a line through these points.A particular article used a multiple regression model to relate y = yield of hops to x, = average temperature (°C) between date of coming into hop and date of picking and x, = average percentage of sunshine during the same period. The model equation proposed is the following. y = 415.11 – 6.6x1 – 4.50x2 +e (a) Suppose that this equation describes the actual relationship. What mean yield corresponds to a temperature of 20 and a sunshine percentage of 40? (b) What is the mean yield when the average temperature and average percentage of sunshine are 19 and 44, respectively?
- The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states. x 11.3 8.5 y 13.4 7 3.6 2.6 2.2 2.6 0.8 11 10.2 7.4 6 5.7 6.3 4.9 * = thousands of automatic weapons y = murders per 100,000 residents Determine the regression equation in y = ax + b form and write it below. (Round to 2 decimal places) A) How many murders per 100,000 residents can be expected in a state with 10.1 thousand automatic weapons? Answer = Round to 3 decimal places. B) How many murders per 100,000 residents can be expected in a state with 9.9 thousand automatic weapons? Answer = Round to 3 decimal places.The admissions officer for a certain college developed the following estimated regression equation relating the final college GPA to the student's SAT mathematics score and high school GPA. ŷ = −1.39 + 0.0234x1 + 0.00482x2 where x1 = high-school grade point average x2 = SAT mathematics score y = final college grade point average. #1)A high-school average 84 corresponds to x1 = 84 and a score of 535 on the SAT mathematics test corresponds to x2 = 535. Substitute these values into the estimated regression equation to find the final college GPA, rounding the result to two decimal places. GPA = −1.39 + 0.0234x1 + 0.00482x2 = -1.39 +0.0234 (_____________) + 0.00482 (535) = __________________Given the following, determine the regression equation of : () X1 on X2 and X3 (ii) X2 on X1 and X3 12 = 0.8 O1= 10 13 = 0.6 02 = 8 123 = 0.5 03 = 5 %3D
- A particular article used a multiple regression model to relate y = yield of hops to x₁ = mean temperature (°C) between date of coming into hop and date of picking and x₂ = mean percentage of sunshine during the same period. The model equation proposed is the following. y = 415.116.6x₁4.50x2+e (a) Suppose that this equation does indeed describe the true relationship. What mean yield corresponds to a temperature of 20 and a sunshine percentage of 39? (b) What is the mean yield when the mean temperature and percentage of sunshine are 19.1 and 42, respectively? You may need to use the appropriate table in Appendix A to answer this question.Use the following linear regression equation to answer the questions. x1 = 1.0 + 3.9x2 – 8.4x3 + 2.4x4 Suppose x2 decreased by 4 units. What would be the expected change in x1?Consider the following regression equation representing the linear relationship between the Canada Child Benefit provided for a married couple with 3 children under the age of 6, based on their annual family net income: ŷ =121.09−0.57246xR2=0.894 where y = annual Canada Child Benefit paid (in $100s) x = net annual family income (in $1000s) Source: Canada Revenue Agency a. As the net annual family income increases, does the Canada Child Benefit paid increase or decrease? Based on this, is the correlation between the two variables positive or negative?The Canada Child Benefit paid .The correlation between the two variables is .b. Calculate the correlation coefficient and determine if the relationship between the two variables is strong, moderate or weak.r= , the relationship is . Round to 3 decimal places c. Interpret the value of the slope as it relates to this relationship. For every $1 increase in annual family net income, there is a $0.57246 decrease in…