Consider the following computer output of a multiple regression analysis relating annual salary to years of education and years of work experience.Multiple RRegression Statistics0.7357R Square0.5412Adjusted R Square0.5213Standard Error2128.8575Observations49ANOVAdfSSRegression 2 245,896,758.5555MS122,948,379.2778 27.1287FSignificance F1.7E-08TotalResidual 46 208,473,570.995548 454,370,329.55104,532,034.1521Coefficients Standard Errort StatInterceptEducation (Years)14265.716822352.8476Experience (Years)832.09732,518.3346336.7438390.9718P-value5.6647 0.0000009186.9871 0.000000012.1283 0.038700983Lower 95%Upper 95 %9196.572219,334.86151675.0175 3030.677745.1119 1619.0827Step 1 of 2: What would be your expected salary with no education and no experience?

The objective of the question is to determine the expected salary for an individual with no…

Answered: Consider the following computer output…

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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A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression analysis shows the following results. Coefficients Standard Error t-Stat p-value Intercept -12.201 6.560 -1.860 0.100 Number of contacts 2.195 0.176 12.505 0.000 ANOVA df SS MS F Significance F Regression 1.00 |13,555.42 |13,555.42 156.38 0.00 Residual 8.00 693.48 86.68 Total 9.00 14,248.90 Assume that X = 33.4 and E(X – X) 2814.4. Rounding to one decimal place, the 95% confidence interval for 30 calls is
Use the following ANOVA table for regression to answer the questions. Analysis of Variance Source DF SS MS F P Regression 1 291.4 291.4 2.01 0.158 Residual Error 174 25230.0 145.0 Total 175 25521.4 Give the F-statistic and p-value.Enter the exact answers.The F-statistic is =The p-value is =
A multiple regression analysis produced the following tables. Predictor Coefficients StandardErrort Statistic p-valueIntercept -139.609 2548.989 -0.05477 0.957154x 24.24619 22.25267 1.089586 0.295682x 32.10171 17.44559 1.840105 0.08869Source df SS MS F p-valueRegression 2 302689 151344.5 1.705942 0.219838Residual 13 1153309 88716.07Total 15 1455998Using = 0.01 to test the null hypothesis H :?1 = ?2 = 0, the critical F value is ____.6.701.964.845.995.70
Using the Excel output reported above, if we were to test to see whether "Attendance" is statistically significantly associated with "Score received on the exam," we would conclude that we should Regression Statistics Multiple R R Square Standard Error Observations Intercept Attendance 0.142620229 0.02034053 20.25979924 22 Coefficients Standard Error 39.39027309 37.24347659 0.340583573 0.52852452 T Stat 1.057642216 0.644404489 P-value 0.302826622 0.526635689 O Reject the null hypothesis and conclude that Attendance IS statistically significantly associated with "Score received on the exam" Reject the null hypothesis and conclude that Attendance is is NOT statistically significantly associated with "Score received on the exam" Accept the null hypothesis and conclude that Attendance IS statistically significantly associated with "Score received on the exam" Fail to reject the null hypothesis and conclude that we cannot say that Attendance is statistically significantly associated with…
Shown below is a portion of a computer output for regression analysis relating y (dependent variable) and x (independent variable). ANOVA df SS Regression 1 24.061 Residual 10 67.979 Coefficients Standard Error Intercept 11.064 2.049 x −0.566 0.301 (a) What has been the sample size for the above regression analysis? (b) Perform a t-test and determine whether or not x and y are related. Let ? = 0.05. State the null and alternative hypotheses. (Enter != for ≠ as needed.) H0: Ha: Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? .
You plan to fit a regression model that will be used to predict first-year college GPA (FYGPA) from high-school GPA (HSGPA), ACT score (ACT), first-generation status (Yes or No), socioeconomic class (lower class, lower to middle class, middle to upper class, and upper class), and school type (public or private). What is the total number of estimated regression coefficients? If the sample size is n = 250 students, what are the degrees of freedom for the following sources of variation: Regression Error Total
The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands of dollars. The summary output for the regression model is given below.ANOVA dfdf SSSS MSMS F� Significance F� Regression 11 15.1540376815.15403768 15.1540376815.15403768 16.0586340516.05863405 0.0102486910.010248691 Residual 55 4.7183457924.718345792 0.943669160.94366916 Total 66 19.8723834719.87238347 Step 2 of 3 : What is the adjusted coefficient of determination for this model, R2a��2? Round your answer to four decimal places
The local utility company surveys 12 randomly selected customers. For each survey participant, the company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from a regression analysis appears below: Bill 13.45 + 4.39*Size Coefficients Estimate Std. Error (Intercept) 13.45 Size 4.39 0.54 0.2 We are 90% confident that the mean annual electric bill increases by between dollars and dollars for every additional square foot in home size. Round your answers to three decimal places and enter in increasing order.
Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Intercept Car Accidents (In last 3 years) Credit Score Safety Rating Answer Coefficients 933 167.94 - 102.63 -199.18 Does the sign of the coefficient for the variable credit score make sense? Coefficients Standard Error 95.65 17.99 10.89 19.98 t Stat P-value 9.754 0.0000 9.335 0.0000 -9.424 0.0000 -9.969 0.0000 O Yes, because it is expected that as the credit score increases then the cost should decrease. O No, because it is expected that as the credit score increases then the cost should decrease. O Yes, because it is expected that as the credit score increases then the cost should also increase. O No, because it is expected that as the credit score increases then the cost should also increase. Tables Keypad Keyboard Shortcuts
Consider the following computer output of a multiple regression analysis relating annual salary to years of education and years of work experience. Regression Statistics Multiple R 0.7357 R Square 0.5412 Adjusted R Square 0.5213 Standard Error 2128.8575 Observations 49 ANOVA df SS MS F Significance F 122,948,379.2778 27.1287 1.7E-08 Regression 2 245,896,758.5555 Total Residual 46 46 208,473,570.9955 48 454,370,329.5510 4,532,034.1521 Coefficients Standard Error t Stat P-value Lower 95 % Upper 95 % Intercept Education (Years) 14265.71682 2352.8476 2,518.3346 Experience (Years) 832.0973 336.7438 390.9718 5.6647 0.000000918 6.9871 0.00000001 2.1283 0.038700983 9196.5722 19,334.8615 1675.0175 3030.6777 45.1119 1619.0827 Step 2 of 2: How much would you expect your salary to increase if you had one more year of education?
Let's study the relationship between brand, camera resolution, and internal storage capacity on the price of smartphones. Use α = .05 to perform a regression analysis of the Smartphones01CS dataset, and then answer the following questions. When you copy and paste output from MegaStat to answer a question, remember to choose to "Keep Formatting" to paste the text. a. Did you find any evidence of multicollinearity and variance inflation among the predictors. Explain your answer using a VIF analysis. b. Copy and paste the normal probability plot for your analysis. Is there any evidence that the errors are not normally distributed? Explain. c. Copy and paste the Residuals vs. Predicted Y-values. Does the pattern support the null hypothesis of constant variance for the errors? Explain. d. Study the residuals analysis. Which observations, if any, have unusual residuals? e. Study the residuals analysis. Calculate the leverage statistic. Which observations, if any, are high leverage…
A multiple regression analysis produced the following tables. Summary Output Regression Statistics Multiple R 0.978724022 R Square 0.957900711 Adjusted R Square 0.952287472 Standard Error 67.67055418 Observations 18 ANOVA df SS MS F Significance F Regression 2 1562918.941 781459.5 170.6503 4.80907E-11 Residual 15 68689.55855 4579.304 Total 17 1631608.5 Coefficients Standard Error t Stat P-value Intercept 1959.709718 306.4905312 6.39403 1.21E-05 X1 -0.469657287 0.264557168 -1.77526 0.096144 X2 -2.163344882 0.278361425 -7.77171 1.23E-06 Using α = 0.01 to test the…

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