Coefficients Unstandardized Coefficients Standardized Coefficients Model Std. Error Beta t (Constant) Experience in years | a. Dependent Variable: Monthly Salary 1 25.554 3.828 6.67 2.438 0.369 0.928 6.60 ment on the strength and direction of the relationship between Monthly erience for the secretaries. ermine the coefficient of determination and explain this value in relation to th e 0.05 significance level is it reasonable to conclude that there is a signifie ulation between Monthly salary and Years of experience. t is the value of Y-intercept? Interpret the meaning of the Y- intercept, a for t is the value of the slope? Interpret the meaning of the slope, b for this pro e the regression equation for this problem from the output lict the Monthly salary if a secretary has Years of experience of 13 years

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The following table shows regression analysis output between the experience (in years) and monthly
salaries (in RM thousands) of nine randomly selected secretaries. Answer the following questions
Model Summary
R Square
Adjusted R
Square
Std. Error of the
Estimate
Model
R
0.928
a. Predictors: (Constant), Experience in years
1
0.862
0.842
5.916
Coefficients
Unstandardized
Standardized
Coefficients
Coefficients
Model
Std. Error
Beta
P-Value
(Constant)
Experience in years
a. Dependent Variable: Monthly Salary
1
25.554
3.828
6.675
0.001
2.438
0.369
0.928
6.604
0.001
i. Comment on the strength and direction of the relationship between Monthly salary and Years of
experience for the secretaries.
ii. Determine the coefficient of determination and explain this value in relation to the problem.
iii. At the 0.05 significance level is it reasonable to conclude that there is a significant relationship in the
population between Monthly salary and Years of experience.
iv. What is the value of Y-intercept? Interpret the meaning of the Y- intercept, a for this problem.
v. What is the value of the slope? Interpret the meaning of the slope, b for this problem.
vi. Write the regression equation for this problem from the output
vii. Predict the Monthly salary if a secretary has Years of experience of 13 years.
Transcribed Image Text:The following table shows regression analysis output between the experience (in years) and monthly salaries (in RM thousands) of nine randomly selected secretaries. Answer the following questions Model Summary R Square Adjusted R Square Std. Error of the Estimate Model R 0.928 a. Predictors: (Constant), Experience in years 1 0.862 0.842 5.916 Coefficients Unstandardized Standardized Coefficients Coefficients Model Std. Error Beta P-Value (Constant) Experience in years a. Dependent Variable: Monthly Salary 1 25.554 3.828 6.675 0.001 2.438 0.369 0.928 6.604 0.001 i. Comment on the strength and direction of the relationship between Monthly salary and Years of experience for the secretaries. ii. Determine the coefficient of determination and explain this value in relation to the problem. iii. At the 0.05 significance level is it reasonable to conclude that there is a significant relationship in the population between Monthly salary and Years of experience. iv. What is the value of Y-intercept? Interpret the meaning of the Y- intercept, a for this problem. v. What is the value of the slope? Interpret the meaning of the slope, b for this problem. vi. Write the regression equation for this problem from the output vii. Predict the Monthly salary if a secretary has Years of experience of 13 years.
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