Question 4Beachcomber Ltd in a local car dealership that sells used and new vehicles. The manager of thecompany wants to know how different variables affect the sales of his vehicles. A random sample ofyearly data was taken with the view to testing the model:SALES-a+BAGE+YMIL+SENGWhere SALES= amount that a vehicle is sold for($000's), AGE = age of the vehicle, MIL= the totalmileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data wasprocessed using MINITAB and the following is an extract of the output obtained:The regression equation is *****PredictorCoefStDevt-ratiop-valueConstant1.75860.25256.96480.0000AGE0.21240.31750.5042-2.09917.7664MIL-0.75270.3586大*ENG4.81240.61960.0000Analysis of VarianceSourceI pDFSSMSRegression413.1291138.7097** *0.00Error50457.76072.2888Total53 d) Hence test whether & is significant. Give reasons for your answer.e) Perform the F Test making sure to state the null and alternative hypothesis.f) Given an interpretation of the term R-sq" and comment on its value.

d) In theory of statistics, dependent variable is the response variable, where the variation of the…

d) Hence test whether & is significant. Give reasons for your answer. e) Perform the F Test making sure to state the null and alternative hypothesis. f) Given an interpretation of the term "R-sq" and comment on its value.

d) Hence test whether & is significant. Give reasons for your answer. e) Perform the F Test making sure to state the null and alternative hypothesis. f) Given an interpretation of the term "R-sq" and comment on its value.

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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