Retail price data for n= 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive: y = Retail PRICE (measured in dollars) X1 = Microprocessor SPEED (measured in megahertz) (Values in sample range from 10 to 40) x2 = CHIP size (measured in computer processing units) (Values in sample range from 286 to 486) A first-order regression model. was fit to the data. Part of the printout follows: Parameter Estimates T FOR 0 ERROR PARAMETER =0 PROB>ITI PARAMETER STANDARD VARIABLE DF ESTIMATE INTERCEPT 1 -373.526392 1258.1243396 -0.297 0.7676 1 104838940 1 3.571850 Identify and interpret the estimate of B2- SPEED 22.36298195 4688 0.0001 CHP 3.89422935 0.917 0.3629

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive:
y = Retail PRICE (measured in dollars)
X1 = Microprocessor SPEED (measured in megahertz)
(Values in sample range from 10 to 40)
x 2 = CHIP size (measured in computer processing units)
(Values in sample range from 286 to 486)
A first-order regression model. was fit to the data. Part of the printout follows:
Parameter Estimates
T FOR 0
ERROR PARAMETER = 0 PROB>ITI
PARAMETER STANDARD
VARIABLE DF
ESTIMATE
INTERCEPT 1
-373.526392
1258.1243396 -0.297
0.7676
SPEED
1
104.838940
22.36298195 4 688
0.0001
сHP
1
3.571850
3.89422935
0.917
0.3629
Identify and interpret the estimate of B2-
Transcribed Image Text:Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive: y = Retail PRICE (measured in dollars) X1 = Microprocessor SPEED (measured in megahertz) (Values in sample range from 10 to 40) x 2 = CHIP size (measured in computer processing units) (Values in sample range from 286 to 486) A first-order regression model. was fit to the data. Part of the printout follows: Parameter Estimates T FOR 0 ERROR PARAMETER = 0 PROB>ITI PARAMETER STANDARD VARIABLE DF ESTIMATE INTERCEPT 1 -373.526392 1258.1243396 -0.297 0.7676 SPEED 1 104.838940 22.36298195 4 688 0.0001 сHP 1 3.571850 3.89422935 0.917 0.3629 Identify and interpret the estimate of B2-
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