Click the icon to view the table of results. a. State the multiple regression equation. ₁=+₁₁+x₂i (Round to two decimal places as needed.)
Click the icon to view the table of results. a. State the multiple regression equation. ₁=+₁₁+x₂i (Round to two decimal places as needed.)
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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Transcribed Image Text:### Table of Results
| Variable | Coefficients | Standard Error | T Statistic | p-Value |
|------------|--------------|----------------|-------------|---------|
| Intercept | 11.680464 | 7.132097 | 1.64 | 0.1048 |
| Revenue | 0.6999226 | 0.321328 | 2.18 | 0.0319 |
| Efficiency | 0.8029396 | 0.077201 | 10.40 | <0.0001 |
#### Explanation:
This table presents a statistical analysis output. It includes:
- **Variable**: The name of the variable being analyzed.
- **Coefficients**: The estimated effect or contribution of each variable.
- **Standard Error**: Indicates the variability of the coefficient estimate.
- **T Statistic**: A measure used to evaluate the significance of the coefficient.
- **p-Value**: Shows the probability that the observed results could have occurred under the null hypothesis. Lower p-values suggest higher statistical significance.
#### Interpretation:
- **Intercept**: Has a coefficient of 11.680464, with a standard error of 7.132097. The t statistic is 1.64 with a p-value of 0.1048, indicating it is not statistically significant at common alpha levels (e.g., 0.05).
- **Revenue**: Shows a coefficient of 0.6999226, with a relatively larger standard error of 0.321328. It has a t statistic of 2.18 and a p-value of 0.0319, making it statistically significant at the 0.05 level.
- **Efficiency**: Displays a coefficient of 0.8029396, with a small standard error of 0.077201. It has a very high t statistic of 10.40 and a p-value of less than 0.0001, indicating a high level of statistical significance.

Transcribed Image Text:A nonprofit analyst is evaluating which variables to use for predicting nonprofit charitable commitment, representing how committed an organization is to its charitable purpose. The analysis involves two independent variables:
1. **Revenue (\(X_1\))**: Measured as total revenue in billions of dollars, this variable serves as an indicator of the size of the nonprofit.
2. **Efficiency (\(X_2\))**: This variable measures the percent of private donations remaining after fundraising expenses, serving as a measure of nonprofit fundraising efficiency.
The dependent variable is:
- **Commitment (Y)**: Measured as the percentage of total expenses allocated directly to charitable services.
Both variables \(X_2\) and \(Y\) are represented as percentages. Data were collected from a random sample of 97 nonprofit organizations. The results are available in a table.
**Task:**
a. State the multiple regression equation.
\(\hat{Y}_i = \boxed{ } + (\boxed{ }) X_{1i} + (\boxed{ }) X_{2i}\)
(Round to two decimal places as needed.)
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