Interpret the following regression outputs: coefficient estimates (including intercept), thestatistical significance of those estimates, and r²PriceSize, data =## 1m(formula#### Residuals:##Min1QMedian3Q## -107.587 -32.058 -5.829 33.000#### Coefficients:##=##‒‒‒~Estimate Std. Error t value Pr(>|t|)## (Intercept) 64.79312 38.78410 1.671 0.0978## Size0.01733 4.055 9.76e-05 ***0.07029realestate)Max113.900## Signif. codes: 0 ****' 0.001 '**' 0.01 '*' 0.05. 0.1#### Residual standard error: 43.95 on 103 degrees of freedomI1## Multiple R-squared: 0.1377, Adjusted R-squared: 0.1293## F-statistic: 16.44 on 1 and 103 DF, p-value: 9.756e-05

From the given regression output, the regression model is as follows.

Answered: Interpret the following regression…

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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I was wondering specifically about part D and how to interpret my findings.
The following data gives the number of employees at the bookstore and the number of minutes students wait in line to buy books at the beginning of the term. The independent variable is the number of employees and the dependent variable is the number of minutes. What is the y intercept? SSxx = 56.857; SS=2095.714; SSxy=-322.571 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square XA356899 0.96 0.93 0.91 y 67 54 47 33 31 25 12
The accompanying table shows results from regressions performed on data from a random sample of 21 cars. The response (y) variable is CITY (fuel consumption in mi/gal). The predictor (x) variables are WT (weight in pounds), DISP (engine displacement in liters), and HWY (highway fuel consumption in mi/gal). Which regression equation is best for predicting city fuel consumption? Why? Click the icon to view the table of regression equations. Choose the correct answer below. A. The equation CITY=6.86 -0.00131WT -0.258DISP+0.659HWY is best because it has a low P-value and the highest value of R². B. The equation CITY=6.73 -0.00157WT +0.668HWY is best because it has a low P-value and the highest adjusted value of R². C. The equation CITY= -3.15+0.823HWY is best because it has a low P-value and its R² and adjusted R² values are comparable to the R² and adjusted R² values of equations with more predictor variables. O D. The equation CITY=6.86 -0.00131WT-0.258DISP + 0.659HWY is best because it…
You believe that the price of Zoom Videoconferencing stock and the price of American Airlines stock will move in opposite directions. In order to test this relationship, we do a simple regression with the following variables:A - dependent variable : month end price of American Airlines stockZ - independent variable: month end price of Zoom Videoconferencing stock Data from April 2019 through December 2020 (21 observations) is availableBased on the data, we compute the following:Var (Z) = 20927.702Cov (A,Z) = -899.153E(A) = 20.790E(Z) = 187.530Std Error of Estimate = 6.088TSS = 1476.830 Consider the equation At = b0 + b1 Zt + εtBased on the numbers given above, complete the following table Variable Estimate Std error t-statistic Slope b1 .00941 Constant b0 2.2088 R-square N/A N/A F statistic N/A N/A Are the coefficients (slope and/or constant) significant at the .05 level?
Briefly describe what is meant by the problem of errors in measurement of the predictor variables and describe its effect on a regression analysis.
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
The slope, b represents * O predicted value of Y when X = 0. O the estimated average change in Y per unit change in X. O variation around the line of regression. O the predicted value of Y.
B b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive linear relationship between a = average number of passing yar and y = the percentage of games won by the team. c. Develop the estimated regression equation that could be used to predict the percentage of games won given the avera passing yards per attempt. Enter negative value as negative number. WinPct =| |)(Yds/Att) (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation (to 1 decimal). The slope of the estimated regression line is approximately So, for every increase : of one yar number of passes per attempt, the percentage of games won by the team increases by %. e. For the 2011 season, the average number of passing yards per attempt for the Kansas City Chiefs was was 5.5. Use th regression equation developed in part (c) to predict the percentage of games won by the Kansas City Chiefs.…

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