Please see contents in the image attached for questions below: Thank you! a) What is dependent and independent variables? b) Fully write out the regression equation c) What is the sample size used in this investigation? d) Fill in the blanks identified by ‘*’ and ‘**’. e)Is β significant, at the 5% level of significance?
Please see contents in the image attached for questions below: Thank you! a) What is dependent and independent variables? b) Fully write out the regression equation c) What is the sample size used in this investigation? d) Fill in the blanks identified by ‘*’ and ‘**’. e)Is β significant, at the 5% level of significance?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please see contents in the image attached for questions below: Thank you!
a) What is dependent and independent variables?
b) Fully write out the regression equation
c) What is the
d) Fill in the blanks identified by ‘*’ and ‘**’.
e)Is β significant, at the 5% level of significance?

Transcribed Image Text:The following regression is fitted using variables identified that could be related to student
requested
loan amount, LOAN-AMT($) for returning students of a certain University.
LOAN AMT = a + ß ACCEPT + y PREV + OUTS
Where ACCEPT the percentage of applicants that was accepted by the university, PREV=
previous loan amount and OUTS outstanding loan amount
The data was processed using MNITAB and the following is an extract of the output obtained:
Predictor
Constant
ACCEPT
PREV
OUTS
S = 2685
Coef
-26780
116.00
-4.21
70.85
R-Sq = 69.6%
Analysis of Variance
Source
DF
Regression
3
Residual Error 49
Total
EXHIBIT 2
St Dev
6115
37.17
14.12
15.77
808139371
353193051
1161332421
H* M
T
3.14
-0.30
4.49
MS
0.000
0.003
269379790
7208021
0.000
R-Sq (adj) = 67.7%
F
37.37
P
0.00
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps with 8 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman