Suppose your are given the following regression equation: Y = 200 + 2x1 +0.5x2-0.75 x3 (50) (035) (067) -(030) Standard Errors Given this data, we can conclude that the coefficients for significant O X1 and X2: X3 O X2 and X3: X1. X1 and X3: X2 O X2: X1 and X3 are statistically_ and is(are) not
Suppose your are given the following regression equation: Y = 200 + 2x1 +0.5x2-0.75 x3 (50) (035) (067) -(030) Standard Errors Given this data, we can conclude that the coefficients for significant O X1 and X2: X3 O X2 and X3: X1. X1 and X3: X2 O X2: X1 and X3 are statistically_ and is(are) not
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
![### Regression Analysis Form
#### Given Equation:
\[ Y = 200 + 2X_1 + 0.5X_2 - 0.75X_3 \]
**Standard Errors:**
- For \( 2X_1 \): (50)
- For \( 0.5X_2 \): (0.35)
- For \( -0.75X_3 \): (0.30)
#### Question:
Given this data, we can conclude that the coefficients for _________ are statistically _________ and _________ is (are) _________ not significant.
#### Options:
1. \( X_1 \) and \( X_2 \); \( X_3 \)
2. \( X_2 \) and \( X_3 \); \( X_1 \)
3. \( X_1 \) and \( X_3 \); \( X_2 \)
4. \( X_2 \); \( X_1 \) and \( X_3 \)
### Explanation:
The standard errors provide insight into the precision of the coefficient estimates. Smaller standard errors generally indicate more precise estimates.
Feel free to select the option that best fits your analysis based on the given regression equation and standard errors.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcab27ebe-ca52-4065-95ad-a0b64c44780e%2F82f65dd1-6966-437d-bdf3-4d1b00ba8aad%2F2co3c6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:### Regression Analysis Form
#### Given Equation:
\[ Y = 200 + 2X_1 + 0.5X_2 - 0.75X_3 \]
**Standard Errors:**
- For \( 2X_1 \): (50)
- For \( 0.5X_2 \): (0.35)
- For \( -0.75X_3 \): (0.30)
#### Question:
Given this data, we can conclude that the coefficients for _________ are statistically _________ and _________ is (are) _________ not significant.
#### Options:
1. \( X_1 \) and \( X_2 \); \( X_3 \)
2. \( X_2 \) and \( X_3 \); \( X_1 \)
3. \( X_1 \) and \( X_3 \); \( X_2 \)
4. \( X_2 \); \( X_1 \) and \( X_3 \)
### Explanation:
The standard errors provide insight into the precision of the coefficient estimates. Smaller standard errors generally indicate more precise estimates.
Feel free to select the option that best fits your analysis based on the given regression equation and standard errors.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 38 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman