Answered: Is there a particular product that is…

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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Is there a particular product that is an indicator of per capita personal consumption for countries around the world? Shown on the next page are data on per capita personal consumption, paper consumption, fish consumption, and gasoline consumption for 11 countries. Use the data to develop a multiple regression model to predict per capita personal consumption by paper consumption, fish consumption, and gasoline consumption. Discuss the meaning of the partial regression weights.

Per Capita
LIT
Personal
Раper
Fish
Gasoline
Consumption Consumption
($ U.S.)
Consumption
(kg per person) (Ibs per person) (liters per person)
Consumption
Country
Bangladesh
836
1
23
Greece
3,145
85
53
394
Italy
Japan
Kenya
Norway
Philippines
Portugal
United Kingdom
21,785
204
48
368
37,931
250
141
447
276
4
12
16
1,913
156
113
477
2,195
19
65
43
3,154
116
133
257
19,539
207
44
460
United States
109,521
308
47
1,624
Venezuela
622
27
40
528

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