Regression Analysis: Growth versus Water, Fertilizer The regression equation is Growth = B + ¢ Water + aFertilizer Predictor Coef SE Coef T 42.085 0.009 Constant ** 3.118 Water 0.178 0.386 0.460 0.654 Fertilizer 5.790 0.952 6.083 S = 6.159 R-Sq = 77.1%% R-Sq (adj) = 73.3% Analysis of Variance Source DF SS MS F P Regression Residual Error 1532.603 766.301 大★★ **** 12 455.130 37.928 Total 14 1987.733 Write out the regression equation What is the sample size used in this investigation? Determine the values of * ** and *** **** i. ii. iii. Conduct a hypothesis test, at the 5% level of significance, to determine whether o is significant. iv. What would be the growth of the plant if 4g of fertilizer and 7g of ater was given to it daily? Carry out an F -test at the 1% significance level to determine whether the model is significant V. vi.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

Answer part sections iv, v and vi

Question Four
The President of the Farmers Association wants to know how the amount of fertilizer and the
amount of water given to plants affect their growth. The results were inputted into MINITAB
so as to fit the model.
Regression Analysis: Growth versus Water, Fertilizer
The regression equation is
Growth =
B + ¢ Water +
aFertilizer
Predictor
Coef
SE Coef
T
Constant
42.085
0.009
**
3.118
Water
0.178
0.386
0.460
0.654
Fertilizer
5.790
0.952
6.083
S = 6.159
R-Sq = 77.1%%
R-Sq (adj)
= 73.3%
Analysis of Variance
Source
DF
SS
MS
F
P
Regression
1532.603
766.301
オ★★
****
Residual Error
12
455.130
37.928
Total
14
1987.733
Write out the regression equation
What is the sample size used in this investigation?
Determine the values of *, ** and *** ****
i.
ii.
iii.
Conduct a hypothesis test, at the 5% level of significance, to determine whether o is
significant.
iv.
What would be the growth of the plant if 4g of fertilizer and 7g of ater was given to it
daily?
Carry out an F -test at the 1% significance level to determine whether the model is
significant
V.
vi.
Transcribed Image Text:Question Four The President of the Farmers Association wants to know how the amount of fertilizer and the amount of water given to plants affect their growth. The results were inputted into MINITAB so as to fit the model. Regression Analysis: Growth versus Water, Fertilizer The regression equation is Growth = B + ¢ Water + aFertilizer Predictor Coef SE Coef T Constant 42.085 0.009 ** 3.118 Water 0.178 0.386 0.460 0.654 Fertilizer 5.790 0.952 6.083 S = 6.159 R-Sq = 77.1%% R-Sq (adj) = 73.3% Analysis of Variance Source DF SS MS F P Regression 1532.603 766.301 オ★★ **** Residual Error 12 455.130 37.928 Total 14 1987.733 Write out the regression equation What is the sample size used in this investigation? Determine the values of *, ** and *** **** i. ii. iii. Conduct a hypothesis test, at the 5% level of significance, to determine whether o is significant. iv. What would be the growth of the plant if 4g of fertilizer and 7g of ater was given to it daily? Carry out an F -test at the 1% significance level to determine whether the model is significant V. vi.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Minimum Wage law
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education