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
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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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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