(d) Fit a multiple linear regression model with an interaction term to these data. (e) Estimate o and se(ß,) for this new model. How did these quantities change. Does this tell you anything about the value of adding the interaction term to the model?
(d) Fit a multiple linear regression model with an interaction term to these data. (e) Estimate o and se(ß,) for this new model. How did these quantities change. Does this tell you anything about the value of adding the interaction term to the model?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Applied Statistics for Engineers.
Answer D-E only

Transcribed Image Text:12-7. A study was performed on wear of a bearing y and its
relationship to x = oil viscosity and x, = load. The follow-
ing data were obtained.
y
X1
X2
293
1.6
851
230
15.5
816
172
22.0
1058
91
43.0
1201
113
33.0
1357
125
40.0
1115
(a) Fit a multiple linear regression model to these data.
(b) Estimate o? and the standard errors of the regression
coefficients.
(c) Use the model to predict wear whenx = 25 and x, = 1000.
(d) Fit a multiple linear regression model with an interaction
term to these data.
(e) Estimate o and se(ß,) for this new model. How did these
quantities change. Does this tell you anything about the
value of adding the interaction term to the model?
(f) Use the model in (d) to predict when x = 25 and x2
1000. Compare this prediction with the predicted value
from part (b) above.
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