Considering the output below, what Household Income (HINCP) will we predict for a househ with 2 bedrooms (BDSP=2), no internet access (MODEM=2), and an $800 mortgage (MRGP=800)? (please round your answer, not your work in progress, to the nearest dollar). Analysis of variance (HINCP): Source DF Model 2 Error 727 Corrected Total Computed against model Y=Mean(Y) 729 Sum of squares Mean squares F 1086435916292 362145305431 73.95 3560398821465 4897384899 MRGP Model parameters (HINCP): 4646834737757 Source Value Standard error Intercept 45781.99 12838.98 BDSP 6642.22 2875.68 MODEM -7860.82 5236.74 44.30 3.37 t 3.57 2.31 -1.50 13.16 Pr > |t| 0.00 0.02 0.13 Pr > F < 0.0001 Lower Upper bound bound (95%) (95%) 20576.09 996.60 70987.89 12287.84 -18141.75 2420.12 50.91 <0.0001 37.70
Considering the output below, what Household Income (HINCP) will we predict for a househ with 2 bedrooms (BDSP=2), no internet access (MODEM=2), and an $800 mortgage (MRGP=800)? (please round your answer, not your work in progress, to the nearest dollar). Analysis of variance (HINCP): Source DF Model 2 Error 727 Corrected Total Computed against model Y=Mean(Y) 729 Sum of squares Mean squares F 1086435916292 362145305431 73.95 3560398821465 4897384899 MRGP Model parameters (HINCP): 4646834737757 Source Value Standard error Intercept 45781.99 12838.98 BDSP 6642.22 2875.68 MODEM -7860.82 5236.74 44.30 3.37 t 3.57 2.31 -1.50 13.16 Pr > |t| 0.00 0.02 0.13 Pr > F < 0.0001 Lower Upper bound bound (95%) (95%) 20576.09 996.60 70987.89 12287.84 -18141.75 2420.12 50.91 <0.0001 37.70
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Considering the output below, what Household Income (HINCP) will we predict for a household
with 2 bedrooms (BDSP=2), no internet access (MODEM=2), and an $800 mortgage
(MRGP=800)? (please round your answer, not your work in progress, to the nearest dollar).
Analysis of variance (HINCP):
Source DF
Model 2
Error
Corrected
Total
727
729
Sum of squares Mean squares F
1086435916292 362145305431 73.95
3560398821465 4897384899
Computed against model Y=Mean(Y)
MRGP
4646834737757
Model parameters (HINCP):
Source Value Standard error
Intercept 45781.99 12838.98
BDSP 6642.22 2875.68
MODEM -7860.82 5236.74
44.30
3.37
t
3.57
2.31
-1.50
13.16
Pr > |t|
0.00
0.02
0.13
Pr > F
< 0.0001
Lower Upper
bound
bound
(95%)
(95%)
20576.09
70987.89
996.60 12287.84
-18141.75 2420.12
50.91
<0.0001 37.70](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6d177053-3df2-4a43-957e-bfed9cb86bdf%2F2b0f3a23-d589-4a76-a44f-4dda0e69c3ca%2F4ivr5v_processed.png&w=3840&q=75)
Transcribed Image Text:Considering the output below, what Household Income (HINCP) will we predict for a household
with 2 bedrooms (BDSP=2), no internet access (MODEM=2), and an $800 mortgage
(MRGP=800)? (please round your answer, not your work in progress, to the nearest dollar).
Analysis of variance (HINCP):
Source DF
Model 2
Error
Corrected
Total
727
729
Sum of squares Mean squares F
1086435916292 362145305431 73.95
3560398821465 4897384899
Computed against model Y=Mean(Y)
MRGP
4646834737757
Model parameters (HINCP):
Source Value Standard error
Intercept 45781.99 12838.98
BDSP 6642.22 2875.68
MODEM -7860.82 5236.74
44.30
3.37
t
3.57
2.31
-1.50
13.16
Pr > |t|
0.00
0.02
0.13
Pr > F
< 0.0001
Lower Upper
bound
bound
(95%)
(95%)
20576.09
70987.89
996.60 12287.84
-18141.75 2420.12
50.91
<0.0001 37.70
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