Is the price of a smartphone affected by its display size, camera resolution, or internal storage capacity? Perform a regression analysis on the SmartphoneDCS dataset using MegaStat and answer the following questions. The level of significance is .05. When you copy and paste output from MegaStat to answer a question, remember to choose to "Keep Formatting" to paste the text. a. Do the data conform to Evans' Rule? What about Doane's Rule? Show the calculations to explain the reason for your answers. b. What is the critical value for the F test? c. Perform the regression and state the regression equation. d. Copy and paste the ANOVA table from your analysis. Is the overall fit of the model significant or not? Use your answer to part (b) to explain your decision. e. What is the coefficient of determination and the adjusted coefficient of determination for your analysis? What do these two coefficients tell you about the variation of price in your model?
Is the price of a smartphone affected by its display size, camera resolution, or internal storage capacity? Perform a
a. Do the data conform to Evans' Rule? What about Doane's Rule? Show the calculations to explain the reason for your answers.
b. What is the critical value for the F test?
c. Perform the regression and state the regression equation.
d. Copy and paste the ANOVA table from your analysis. Is the overall fit of the model significant or not? Use your answer to part (b) to explain your decision.
e. What is the coefficient of determination and the adjusted coefficient of determination for your analysis? What do these two coefficients tell you about the variation of price in your model?
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