Table 4.1SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R Square0.99794806Missing0.99513164Standard Error1.64839211Observations20ANOVASignificance FafMissing1619MSFRegression10561.07486Missing1295.5852.66E-19Residual43.475144982.717197Total10604.55Coefficients0.562Standard Errort StatP-ValueInterceptX11.3270.4240.6770.9590.03825.2450.000X21.1170.1258.9160.000X31.4600.06622.1850.000Consider the output shown in Table 4.1. Which of the predictors has the greatestimpact on the dependent variable?X2InterceptX1X3

Here the question is about the dependency of variable which is directly related to the slope of the…

Answered: Consider the output shown in Table 4.1.…

Consider the output shown in Table 4.1. Which of the predictors has the greatest impact on the dependent variable? X2 Intercept X1 X3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Table 4.1
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
0.99794806
Missing
0.99513164
Standard Error
1.64839211
Observations
20
ANOVA
Significance F
af
Missing
16
19
MS
F
Regression
10561.07486
Missing
1295.585
2.66E-19
Residual
43.47514498
2.717197
Total
10604.55
Coefficients
0.562
Standard Error
t Stat
P-Value
Intercept
X1
1.327
0.424
0.677
0.959
0.038
25.245
0.000
X2
1.117
0.125
8.916
0.000
X3
1.460
0.066
22.185
0.000
Consider the output shown in Table 4.1. Which of the predictors has the greatest
impact on the dependent variable?
X2
Intercept
X1
X3

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