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- Let price denote a price index for the goods sold by a restaurant, advert the amount spent on advertising, sales the sales for the restaurant, and consider the following two regressions First regression: sales = B1 + B2price + B3price? + B4advert + ßsadvert? + e, Second regression: sales = B1 + B2price + B3price? + e We estimate both regressions using a sample of 105 observations. The sum of square residuals (E ê) from the first regression equals 50, while the sum of square Li=1 residuals from the second regression equals 70. Suppose we are interested in testing the null hypothesis that expected sales do not depend on advertising. What is the F- statistic for this null hypothesis? Recall the F-statistic is given by ((SSER - SSEU)/J)/(SSEy/(n – K)). O a. -15 O b. 42 Oc. 21 O d. 20 O e. All other options are incorrect.A researcher has developed a regression model from fourteen pairs of data points. He wants to test to determine if the slope is significantly different from zero. He uses a two-tailed test and a = 0.01. The critical tablet value is 2.718 3.012 2.650 O 3.055 O 2.168For linear regression with one variable, the unpredicted portion of the Y-score variance (MS residual) has df = n - 2. True False Submit Answer
- You believe that the price of Zoom Videoconferencing stock and the price of American Airlines stock will move in opposite directions. In order to test this relationship, we do a simple regression with the following variables:A - dependent variable : month end price of American Airlines stockZ - independent variable: month end price of Zoom Videoconferencing stock Data from April 2019 through December 2020 (21 observations) is availableBased on the data, we compute the following:Var (Z) = 20927.702Cov (A,Z) = -899.153E(A) = 20.790E(Z) = 187.530Std Error of Estimate = 6.088TSS = 1476.830 Consider the equation At = b0 + b1 Zt + εtBased on the numbers given above, complete the following table Variable Estimate Std error t-statistic Slope b1 .00941 Constant b0 2.2088 R-square N/A N/A F statistic N/A N/A Are the coefficients (slope and/or constant) significant at the .05 level?Listed below are systolic blood pressure measurements (in mm Hg) obtained from the same woman. Find the regression equation, letting the right arm blood pressure be the predictor (x) variable. Find the best predicted systolic blood pressure in the left arm given that the systolic blood pressure in the right arm is 90 mm Hg. Use a significance level of 0.05. Right Arm 103 102 96 76 76 Left Arm 174 167 149 148 148Listed below are systolic blood pressure measurements (in mm Hg) obtained from the same woman. Find the regression equation, letting the right arm blood pressure be the predictor (x) variable. Find the best predicted systolic blood pressure in the left arm given that the systolic blood pressure in the right arm is 90 mm Hg. Use a significance level of 0.05. Right Arm 101 100 92 75 75 O Left Arm 174 167 181 149 147 Click the icon to view the critical values of the Pearson correlation coefficient r The regression equation is y = + x. (Round to one decimal place as needed.) Given that the systolic blood pressure in the right arm is 90 mm Hg, the best predicted systolic blood pressure in the left arm is mm Hg. (Round to one decimal place as needed.)
- Listed below are systolic blood pressure measurements (in mm Hg) obtained from the same woman. Find the regression equation, letting the right arm blood pressure be the predictor (x) variable. Find the best predicted systolic blood pressure in the left arm given that the systolic blood pressure in the right arm is 80 mm Hg. Use a significance level of 0.05. Right Arm 100 99 93 77 77 Q Left Arm 174 168 148 148 146 Click the icon to view the critical values of the Pearson correlation coefficient r The regression equation is ŷ=+x. (Round to one decimal place as needed.) mm Hg. Given that the systolic blood pressure in the right arm is 80 mm Hg, the best predicted systolic blood pressure in the left arm is (Round to one decimal place as needed.) Data table Critical Values of the Pearson Correlation Coefficient r α = 0.05 α = 0.01 0.950 0.990 0.959 0.878 0.811 0.917 0.754 0.875 0.707 0.834 0.666 0.798 0.632 0.765 0.602 0.735 0.576 0.708 0.553 0.684 0.532 0.661 0.514 0.641 0.497 0.623 0.482…The statistic used to test whether individual regression coefficients are different from zero in the population is: Select one: a. F O b. b Oc. R2 O d. t Clear my choiceAn automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year () and the age of the car (, in years) at the beginning of the year. The company has gathered the data on 10 automobiles and run a regression analysis with the results shown below:. Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Square 0.9212 StErr of Estimate 72.218 Regression coefficients Coefficient Std Err t-value p-value Constant 33.796 48.181 0.7014 0.5057 Miles Driven 0.0549 0.0191 2.8666 0.0241 Age of car 21.467 20.573 1.0434 0.3314 Use the information above to estimate the annual maintenance expense for a 10 years old car with 60,000 miles.
- Listed below are systolic blood pressure measurements (in mm Hg) obtained from the same woman. Find the regression equation, letting the right arm blood pressure be the predictor (x) variable. Find the best predicted systolic blood pressure in the left arm given that the systolic blood pressure in the right arm is 90 mm Hg. Use a significance level of 0.05. Right Arm 101 100 92 77 77 Left Arm 174 169 145 146 146The correlation between two variables x and y is –0.6. If we used a regression line to predict y using x, what percent of the variation in y would be explained?Use the shoe print lengths and heights shown below to find the regression equation, letting shoe print lengths be the predictor (x) variable. Then find the best predicted height of a male who has a shoe print length of 28.5 cm. Would the result be helpful to police crime scene investigators in trying to describe the male? Use a significance level of α=0.05. Shoe Print (cm) 29.1 29.1 31.8 31.9 27.5 Foot Length (cm) 25.7 25.4 27.9 26.7 25.1 Height (cm) 175.4 177.8 185.2 175.4 173.2 The best predicted height is enter your response here cm. (Round to two decimal places as needed.) Would the result be helpful? A. No, because the description would be the same regardless of shoe print length. B. Yes, because the description would be based on an actual shoe print length. C. Yes, because the correlation is strong, so the predicted…