Below is the output from regression.  Use the p-value and decide if the equation is good to use for forecasting.    Group of answer choices A.) p-value = 82 - equation is good to use B.) p-value = 0.15 - equation is not good to use C.) p-value = 0.18 - equation is not good to use D.) p-value = -16 - equation is good to use

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Below is the output from regression.  Use the p-value and decide if the equation is good to use for forecasting.

  

Group of answer choices
A.) p-value = 82 - equation is good to use
B.) p-value = 0.15 - equation is not good to use
C.) p-value = 0.18 - equation is not good to use
D.) p-value = -16 - equation is good to use
SUMMARY OUTPUT
Multiple R
R Square
Adjusted R
Standard E
Observatio
ANOVA
Regression
Residual
Total
Intercept
X Variable
Regression Statistics
df
0.413378739
0.170881981
0.08797018
1.252363732
Coefficients
12
SS
MS
F
ignificance F
1 3.232517 3.232517 2.061009 0.181642
10 15.68415 1.568415
11 18.91667
andard Errt Stat P-value Lower 95%Upper 95%ower 95.0%pper 95.09
82.10606061 0.770777 106.5238 1.3E-16 80.38866 83.82346 80.38866 83.82346
0.15034965 0.104728 1.435622 0.181642 -0.083 0.383698 -0.083 0.383698
Transcribed Image Text:SUMMARY OUTPUT Multiple R R Square Adjusted R Standard E Observatio ANOVA Regression Residual Total Intercept X Variable Regression Statistics df 0.413378739 0.170881981 0.08797018 1.252363732 Coefficients 12 SS MS F ignificance F 1 3.232517 3.232517 2.061009 0.181642 10 15.68415 1.568415 11 18.91667 andard Errt Stat P-value Lower 95%Upper 95%ower 95.0%pper 95.09 82.10606061 0.770777 106.5238 1.3E-16 80.38866 83.82346 80.38866 83.82346 0.15034965 0.104728 1.435622 0.181642 -0.083 0.383698 -0.083 0.383698
Expert Solution
Step 1

From the output

y= 82.1061+ 0.1503 x

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman