Homework Help is Here – Start Your Trial Now!
Math
Statistics
You may need to use the appropriate te Hology to answer this question. that determin A sample of 23 families was taken for a study. The objective of the study was to estimate the factors the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dumm member on a diet. The following regression results were obtained.

You may need to use the appropriate te Hology to answer this question. that determin A sample of 23 families was taken for a study. The objective of the study was to estimate the factors the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dumm member on a diet. The following regression results were obtained.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
100%
You may need to use the appropriate technology to answer this question. A sample of 23 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained. Intercept ŷ = X1 X2 X3 ANOVA Coefficients Regression Residual (Error) 474.31 51.94 13.72 -1.12 df Standard Error SS 1,852.50 (a) Write out the estimated regression equation. 56.6 9.8 2.8 16.0 3,188.25 1,062.75 MS 97.50 474.31 +51.94x₁ + 13.72x2 -1.12x3 J (b) Interpret all coefficients. An additional member in the family increases the monthly expenditure in dollars on average by $ expenditure on food in dollars on average by $ on a diet. holding all other variables constant. An additional meal eaten outside increases the monthly if a family member is , holding all other variables constant. The monthly food expenditures in dollars decrease on average by $ (c) Test for the significance of ß, at the 1% level of significance. State the null and alternative hypotheses. (Enter != for as needed.) Ho: # hp 2:10 PM 12/2/2022
Transcribed Image Text:You may need to use the appropriate technology to answer this question. A sample of 23 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained. Intercept ŷ = X1 X2 X3 ANOVA Coefficients Regression Residual (Error) 474.31 51.94 13.72 -1.12 df Standard Error SS 1,852.50 (a) Write out the estimated regression equation. 56.6 9.8 2.8 16.0 3,188.25 1,062.75 MS 97.50 474.31 +51.94x₁ + 13.72x2 -1.12x3 J (b) Interpret all coefficients. An additional member in the family increases the monthly expenditure in dollars on average by $ expenditure on food in dollars on average by $ on a diet. holding all other variables constant. An additional meal eaten outside increases the monthly if a family member is , holding all other variables constant. The monthly food expenditures in dollars decrease on average by $ (c) Test for the significance of ß, at the 1% level of significance. State the null and alternative hypotheses. (Enter != for as needed.) Ho: # hp 2:10 PM 12/2/2022
You may need to use the appropriate technology to answer this question. A sample of 23 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained. Intercept ŷ = X1 X2 X3 ANOVA Coefficients Regression Residual (Error) 474.31 51.94 13.72 -1.12 df Standard Error SS 1,852.50 (a) Write out the estimated regression equation. 56.6 9.8 2.8 16.0 3,188.25 1,062.75 MS 97.50 474.31 +51.94x₁ + 13.72x2 -1.12x3 J (b) Interpret all coefficients. An additional member in the family increases the monthly expenditure in dollars on average by $ expenditure on food in dollars on average by $ on a diet. holding all other variables constant. An additional meal eaten outside increases the monthly if a family member is , holding all other variables constant. The monthly food expenditures in dollars decrease on average by $ (c) Test for the significance of ß, at the 1% level of significance. State the null and alternative hypotheses. (Enter != for as needed.) Ho: # hp 2:10 PM 12/2/2022
Transcribed Image Text:You may need to use the appropriate technology to answer this question. A sample of 23 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x₁), the number of meals eaten outside (x₂), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained. Intercept ŷ = X1 X2 X3 ANOVA Coefficients Regression Residual (Error) 474.31 51.94 13.72 -1.12 df Standard Error SS 1,852.50 (a) Write out the estimated regression equation. 56.6 9.8 2.8 16.0 3,188.25 1,062.75 MS 97.50 474.31 +51.94x₁ + 13.72x2 -1.12x3 J (b) Interpret all coefficients. An additional member in the family increases the monthly expenditure in dollars on average by $ expenditure on food in dollars on average by $ on a diet. holding all other variables constant. An additional meal eaten outside increases the monthly if a family member is , holding all other variables constant. The monthly food expenditures in dollars decrease on average by $ (c) Test for the significance of ß, at the 1% level of significance. State the null and alternative hypotheses. (Enter != for as needed.) Ho: # hp 2:10 PM 12/2/2022
Expert Solution
steps

Step by step

Solved in 4 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS