In the following regression, X = total assets ($ billions), Y = total revenue ($ billions), and n = 64 large banks.       R2 0.519 Std. Error 6.977 n 64     ANOVA table Source SS df MS F p-value Regression   3,260.0981     1     3,260.0981     66.97     1.90E-11   Residual   3,018.3339     62     48.6828               Total   6,278.4320     63                         Regression output confidence interval variables coefficients std. error t Stat p-value Lower 95% Upper 95% Intercept   6.5763     1.9254     3.416     .0011     2.7275     10.4252   X1   0.0452     0.0055     8.183     1.90E-11     0.0342     0.0563       (a) Write the fitted regression equation.    yˆy^ =    +     X   (b-1) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at α = .05. (Round t critical value to 3 decimal places.)    Degrees of freedom   tcrit ±    (b-2) Choose the correct option for H0: β1 = 0 vs H1: β1 ≠ 0.    multiple choice 1 Do not reject the null hypothesis if tcalc > 1.999 Reject the null hypothesis if tcalc > 1.999   (c-1) Calculate t. (Round your answer to 3 decimal places.)    tcalc               (c-2) We reject the null hypothesis.    multiple choice 2 Yes No   (d-1) Find the 95% confidence interval for slope. (Round your answer to 4 decimal places.)    Confidence interval is from  to  .   (d-2) The confidence interval does not contain zero, which implies    multiple choice 3 there is no relationship between the total assets (billions) and total revenue (billions). there is a relationship between the total assets (billions) and total revenue (billions).   (e-1) Calculate t2 and F. (Round your answers to the nearest whole number.)      t2   Fcalc     (e-2) Calculate R2.    R2R2                (e-3) What is the percentage of variation in total revenue explained by total assets? (Round your answer to 1 decimal place.)    The percentage of variation in total revenue explained by total assets is  %   (f) Increasing assets increases income.    multiple choice 4 Yes No

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In the following regression, X = total assets ($ billions), Y = total revenue ($ billions), and n = 64 large banks.
 

   
R2 0.519
Std. Error 6.977
n 64
 

 

ANOVA table
Source SS df MS F p-value
Regression   3,260.0981     1     3,260.0981     66.97     1.90E-11  
Residual   3,018.3339     62     48.6828              
Total   6,278.4320     63                    
 

 

Regression output confidence interval
variables coefficients std. error t Stat p-value Lower 95% Upper 95%
Intercept   6.5763     1.9254     3.416     .0011     2.7275     10.4252  
X1   0.0452     0.0055     8.183     1.90E-11     0.0342     0.0563  
 

 
(a) Write the fitted regression equation.
  
yˆy^ =    +     X
 
(b-1) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at α = .05. (Round t critical value to 3 decimal places.)
  

Degrees of freedom  
tcrit ± 

 
(b-2) Choose the correct option for H0β1 = 0 vs H1β1 ≠ 0.
  
multiple choice 1

  • Do not reject the null hypothesis if tcalc > 1.999
  • Reject the null hypothesis if tcalc > 1.999

 
(c-1) Calculate t(Round your answer to 3 decimal places.)
  
tcalc            
 
(c-2) We reject the null hypothesis.
  
multiple choice 2
  • Yes
  • No

 
(d-1) Find the 95% confidence interval for slope. (Round your answer to 4 decimal places.)
  
Confidence interval is from  to  .
 
(d-2) The confidence interval does not contain zero, which implies
  
multiple choice 3
  • there is no relationship between the total assets (billions) and total revenue (billions).
  • there is a relationship between the total assets (billions) and total revenue (billions).

 
(e-1) Calculate t2 and F(Round your answers to the nearest whole number.)
  

 

t2  
Fcalc  

 
(e-2) Calculate R2.
  
R2R2             
 
(e-3) What is the percentage of variation in total revenue explained by total assets? (Round your answer to 1 decimal place.)
  
The percentage of variation in total revenue explained by total assets is  %
 
(f) Increasing assets increases income.
  
multiple choice 4

  • Yes
  • No

 

 
 
 
 
 
 
 
 
 
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Given, X = total assets ($ billions), Y = total revenue ($ billions), and n = 64 large banks.
ANOVA table and regression output are also given.

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