Which regressors are meaningful at the 5% significance level according to the Minitab output given below for regression analysis? (n=12) A)Only x3 B)Only x1 C)x2 and x3 D)x1 and x2
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Which regressors are meaningful at the 5% significance level according to the Minitab output given below for
A)Only x3
B)Only x1
C)x2 and x3
D)x1 and x2
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- The following table shows the starting salary and profile of a sample of 10 2 p employees in a certain call center agency. Run a multiple regression analysis with starting salary as the dependent variable (pesos) and GPA, years of experience and civil service ratings as the independent variables. Use .05 level of significance.What is the computed R square of the resulting multiple linear regression and its interpretation? * Civil Years of Starting salary GPA service experience ratings 79.5 15000 80.1 15000 81.2 78.0 15500 81.3 79.0 16000 82.4 80.0 16200 83.4 85.0 17500 87.9 89.9 89.1 18000 90.3 16,300 84.2 17000 87.0 17900 88.1 84.1 89.0 89.2 R squared = 0.8053; This means that 80.53% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of experience and civil service ratings. R squared = 0.9651; This means that 96.51% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of…The following data represent the speed at which a ball was hit (in miles per hour) and the distance it traveled (in feet) for a random sample of home runs in a Major League baseball game in 2018. Complete parts (a) through (f). Click here to view the data. Click here to view the critical values of the corelation coefficient (a) Find the least-squares regression line treating speed at which the ball was hit as the explanatory variable and distance the ball traveled as the response variable. y (Round to three decimal places as needed.) (b) Interpret the slope and y-intercept, if appropriate. Begin by interpreting the slope. Data table O A. The slope of this least-squares regression line says that the distance the ball travels increases by the slope with every 1 mile per hour increase in the speed that the ball was hit. O B. The slope of this least-squares regression line shows the increase in the speed that the ball was hit with every 1 foot increase in the distance that the ball was…It is evaluated that there is a relationship between working experience in the business (X) and the number of daily errors (Y). Data are given below. What is the Regression Mean Square of Departure (RAKO) in the validity of the regression model?
- Data on 11 randomly selected athletes was obtained concerning their cardiovascular fitness (measured by time to exhaustion running on a treadmill) and performance in a 20-km ski race. Both variables were measured in minutes and a regression analysis was performed. Ski 88 2.5 . Treadmill Coefficients Estimate Std. Error 0.41 (Intercept) Treadmill 1.11 88 -2.5 Is there sufficient evidence to conclude that there is a linear relationship between cardiovascular fitness and ski race performance? (a). The test statistic is (b). The p-value is (use four decimal places) (use four decimal places) (c). At the 2% significance level, we Select an answer the null hypothesis and conclude that there is Select an answer evidence to conclude that there is a linear relationship between cardiovascular fitness and ski race performance.Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Intercept Car Accidents (In last 3 years) Credit Score Safety Rating Coefficients 1186 213.48 Coefficients - 130.46 294.11 Standard Error Does the sign of the coefficient for the variable safety rating make sense? 123.87 21.89 14.26 356.37 t Stat P-value 9.575 0.0000 9.752 0.0000 -9.149 0.0000 0.825 0.4128The following data has mid term marks and end term marks of 9 students. Maximum marksfor both mid term marks as well as end term marks is 100. Calculate regression line betweenmid term marks (independent) and end term marks (Dependent) using below dataset. Givedetailed explanation with solution.Student Roll No. 1 2 3 4 5 6 7 8 9Mid TermMarks 67 59 73 63 89 78 64 28 89End TermMarks 55 42 80 83 76 67 63 33 58
- Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Intercept Car Accidents (In last 3 years) Credit Score Safety Rating Answer Coefficients 933 167.94 - 102.63 -199.18 Does the sign of the coefficient for the variable credit score make sense? Coefficients Standard Error 95.65 17.99 10.89 19.98 t Stat P-value 9.754 0.0000 9.335 0.0000 -9.424 0.0000 -9.969 0.0000 O Yes, because it is expected that as the credit score increases then the cost should decrease. O No, because it is expected that as the credit score increases then the cost should decrease. O Yes, because it is expected that as the credit score increases then the cost should also increase. O No, because it is expected that as the credit score increases then the cost should also increase. Tables Keypad Keyboard ShortcutsA car dealership would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on theemployee's number of years of sales experience. The accompanying regression output was developed based on a random sample of employees. a. Predict the sales next month for an employee with 2.5 years of experience. The predicted sales is 8.6 cars. b. Compute the coefficient of determination and interpret its meaning. The coefficient of determination is 0.234 Therefore, about _________% of the variation in monthly sales is explained by the years of sales experience. (Type an integer or decimal rounded to one decimal place as needed.)Consider the following data,Study Hours (Y): 2, 4 ,6 ,8 ,10 ,13, 7Sleeping Hours (X): 10, 9, 8, 7,6 ,7, 5 i) Calculate and analyze the fitted regression line between the number of study hours and the number of sleeping hours of different intakes of CSE students.ii) Find the coefficient of determination and interpret your data.iii) Predict study hour when he/she sleeps 11 hours.
- П. 2. What is the degrees of freedom in a multiple regression model( with n values in each variable) with 14 independent variables when doing a t-test for the individual regression coefficients determined?Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Coefficients Coefficients Standard Error t Stat P-value Intercept 956 97.23 9.832 0.0000 Car Accidents 172.08 18.24 9.434 0.0000 (In last 3 years) Credit Score Safety Rating 105.16 201.03 0.523 0.6030 -207.81 20.46 - 10.157 0.0000 Does the sign of the coefficient for the variable credit score make sense? Answer No, because it is expected that as the credit score increases then the cost should decrease. ○ No, because it is expected that as the credit score increases then the cost should also increase. ○ Yes, because it is expected that as the credit score increases then the cost should decrease. ○ Yes, because it is expected that as the credit score increases then the cost should also increase. Tables Keypad Keyboard Shortcutsi)Test individually whether the slope coefficients are significant at 10% significance level. ii)Test the overall significance of the estimated regression at 1% significance level.