Question 14By using stepwise regression approach to build model. The following is the resultswhen running Y-X1+X2+X3, Y-X1+X2+X3. Which of the following statement isincorrect?b3t-statisticp-valueX1+X2+X3 X1+X2+X40.1300.052-2.2250.930.0360.363Select X3 as the third independent variable in the model since it has the larger absolute valueof t-statistic.Select X3 as the third independent variable in the model since it has the smaller p-value.Select X4 as the third independent variable in the model since it has the larger t-statisticvalue.X4 is not significant in the model Y-X1+X2+X4

For the provided models, it is set up: H01: The model with additional independent variable X3 does…

Answered: By using stepwise regression approach…

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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The Simple Linear Regression model is Y = b0 + b1*X1 + u and the Multiple Linear Regression model with k variables is: Y = b0 + b1*X1 + b2*X2 + ... + bk*Xk + u Y is the dependent variable, the X1, X2, ..., Xk are the explanatory variables, b0 is the intercept, b1, b2, ..., bk are the slope coefficients, and u is the error term, Yhat represents the OLS fitted values, uhat represent the OLS residuals, b0_hat represents the OLS estimated intercept, and b1_hat, b2_hat,..., bk_hat, represent the OLS estimated slope coefficients. QUESTION 28 Suppose your estimated MLR model is: Y_hat = -30 + 2*X1 + 10*X2 Suppose the standard error for the estimated coefficient associated with X2 is equal to 5. Now, suppose that for some reason we multiply X2 by 5 and we re-estimate the model using the rescaled explanatory variable. What will be the value of the estimated coefficient of X2 and its standard error? The estimated coefficient of X2 will be equal to 50 and its standard error will be…
The y-interept bo of a least-squares regression line has a useful interpretation only if the x-values are either all positive or all negative. Determine if the statement is true or false. Why? If the statement is false, rewrite as a true statement.
Suppose Wesley is a marine biologist who is interested in the relationship between the age and the size of male Dungeness crabs. Wesley collects data on 1,000 crabs and uses the data to develop the following least-squares regression line where X is the age of the crab in months and Y is the predicted value of Y, the size of the male crab in cm. Y = 8.2052 + 0.5693X What is the value of Ý when a male crab is 21.7865 months old? Provide your answer with precision to two decimal places. Interpret the value of Ý. The value of Ý is the probability that a crab will be 21.7865 months old. the predicted number of crabs out of the 1,000 crabs collected that will be 21.7865 months old. the predicted incremental increase in size for every increase in age by 21.7865 months. the predicted size of a crab when it is 21.7865 months old.
The Simple Linear Regression model is Y = b0 + b1*X1 + u and the Multiple Linear Regression model with k variables is: Y = b0 + b1*X1 + b2*X2 + ... + bk*Xk + u Y is the dependent variable, the X1, X2, ..., Xk are the explanatory variables, b0 is the intercept, b1, b2, ..., bk are the slope coefficients, and u is the error term, Yhat represents the OLS fitted values, uhat represent the OLS residuals, b0_hat represents the OLS estimated intercept, and b1_hat, b2_hat,..., bk_hat, represent the OLS estimated slope coefficients. QUESTION 16 In a t-test, suppose a researcher sets the significance level at 0.5%. What does this mean? The probability that the null hypothesis is true is 0.5% The researcher would be rejecting the null hypothesis, only if the p-value is less than 0.5% The researcher would be rejecting the null hypothesis, if the t-statistic is higher than 0.5 It does not mean anything, because the significance level can only be set at 5% QUESTION 17 In an MLR…
The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is ModifyingAbove y with caret equals 0.993 x plus 1 comma 195.82y=0.993x+1,195.82. Complete parts (a) and (b) below. New-vehicle sales left parenthesis Company Upper A right parenthesis comma x(Company A), x 4 comma 1674,167 3 comma 8823,882 3 comma 5693,569 3 comma 4433,443 3 comma 2993,299 3 comma 1173,117 2 comma 8372,837 2 comma 4982,498 1 comma 9401,940 2 comma 0842,084 New-vehicle sales left parenthesis Company Upper B right parenthesis comma y(Company B), y 4 comma 9204,920 4 comma 8444,844 4 comma 8374,837 4 comma 7104,710 4 comma 6754,675 4 comma 4284,428 4 comma 6604,660 3 comma 8323,832 2 comma 9272,927 2 comma 7532,753 Question content area bottom Part 1 (a) Find the coefficient of determination and interpret the result.…
A student is preparing to take a stand allies exam she was told that she needs to get plenty of sleep the night before the exam she is interested in the relationship between the number of hours of sleep a student gets her for an exam and the score earned on the exam. She collects information from 10 other students who have already taken the exam as shown on the table. she fits at least squares regression line to the data and determines the equation of the line is why equals 26-0.18 X where why is the score earn on the exam and ask is the number of hours of sleep the night before the exam. The residual is given. based on the residual plot is the linear model appropriate? no, there is no clear pattern in the residual plot. yes, there is no clear pattern in the residual plot. no, the student who got the most you've had a negative residual yes, there are more negative residuals (6) then positive residuals (4)
determine whether the statement is true or false. If the statement is false, rewrite it as a true statement. The y-intercept b0 of a least-squares regression line has a useful interpretation only if the x-values are either all positive or all negative.
An article gave a scatter plot, along with the least squares line, of x = rainfall volume (m³) and y data on rainfall and runoff volume (n = runoff volume (m³) for a particular location. The simple linear regression model provides a very good fit to 15) given below. The equation of the least squares line is y = -2.364 + 0.84267x, ² 0.976, and s = 5.21. = x 5 12 14 17 23 30 40 47 55 67 72 81 96 112 127 y 3 9 12 14 14 24 27 45 38 46 52 71 81 100 101 (a) Use the fact that s = 1.43 when rainfall volume is 40 m³ to predict runoff in a way that conveys information about reliability and precision. (Calculate a 95% PI. Round your answers to two decimal places.) Ŷ 28.25 1x ) m³ Does the resulting interval suggest that precise information about the value of runoff for this future observation is available? Explain your reasoning. OYes, precise information is available because the resulting interval is very wide. 34.46 Yes, precise information is available because the resulting interval is very…
The Simple Linear Regression model is Y = b0 + b1*X1 + u and the Multiple Linear Regression model with k variables is: Y = b0 + b1*X1 + b2*X2 + ... + bk*Xk + u Y is the dependent variable, the X1, X2, ..., Xk are the explanatory variables, b0 is the intercept, b1, b2, ..., bk are the slope coefficients, and u is the error term, Yhat represents the OLS fitted values, uhat represent the OLS residuals, b0_hat represents the OLS estimated intercept, and b1_hat, b2_hat,..., bk_hat, represent the OLS estimated slope coefficients. QUESTION 7 In the MLR model, the assumption of ‘linearity in parameters’ is violated if: one of the slope coefficients appears as a power (e.g. Y = b0 + b1*(X1^b2) + b3*X2 + u) the model includes the reciprocal of a variable (e.g. 1/X1) the model includes a variable squared (e.g. X1^2) the model includes a variable in its logarithmic form (i.e. log(X1) ) QUESTION 8 In the MLR model, the assumption of 'no perfect collinearity'…

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