STATISTICAL TECHNIQUES FOR BUSINESS AND
17th Edition
ISBN: 9781307261158
Author: Lind
Publisher: MCG/CREATE
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Chapter 14, Problem 7E
Given the following regression output,
answer the following questions:
- a. Write the regression equation.
- b. If x1 is 4 and x2 is 11, what is the expected or predicted value of the dependent variable?
- c. How large is the sample? How many independent variables are there?
- d. Conduct a global test of hypothesis to see if any of the set of regression coefficients could be different from 0. Use the .05 significance level. What is your conclusion?
- e. Conduct a test of hypothesis for each independent variable. Use the .05 significance level. Which variable would you consider eliminating?
- f. Outline a strategy for deleting independent variables in this case.
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2.2, 13.2-13.3)
question: 5 point(s) possible
ubmit test
The accompanying table contains the data for the amounts (in oz) in cans of a certain soda. The cans are labeled to indicate that the contents are 20 oz of soda. Use the sign test and
0.05 significance level to test the claim that cans of this soda are filled so that the median amount is 20 oz. If the median is not 20 oz, are consumers being cheated?
Click the icon to view the data.
What are the null and alternative hypotheses?
OA. Ho: Medi
More Info
H₁: Medi
OC. Ho: Medi
H₁: Medi
Volume (in ounces)
20.3
20.1
20.4
Find the test stat
20.1
20.5
20.1
20.1
19.9
20.1
Test statistic =
20.2
20.3
20.3
20.1
20.4
20.5
Find the P-value
19.7
20.2
20.4
20.1
20.2
20.2
P-value=
(R
19.9
20.1
20.5
20.4
20.1
20.4
Determine the p
20.1
20.3
20.4
20.2
20.3
20.4
Since the P-valu
19.9
20.2
19.9
Print
Done
20 oz
20 oz
20 oz
20 oz
ce that the consumers are being cheated.
T
Teenage obesity (O), and weekly fast-food meals (F), among some selected Mississippi teenagers are:
Name Obesity (lbs) # of Fast-foods per week
Josh
185
10
Karl
172
8
Terry
168
9
Kamie
Andy
204
154
12
6
(a) Compute the variance of Obesity, s²o, and the variance of fast-food meals, s², of this data. [Must show full work].
(b) Compute the Correlation Coefficient between O and F. [Must show full work].
(c) Find the Coefficient of Determination between O and F. [Must show full work].
(d) Obtain the Regression equation of this data. [Must show full work].
(e) Interpret your answers in (b), (c), and (d). (Full explanations required).
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Chapter 14 Solutions
STATISTICAL TECHNIQUES FOR BUSINESS AND
Ch. 14 - There are many restaurants in northeastern South...Ch. 14 - The director of marketing at Reeves Wholesale...Ch. 14 - Thompson Photo Works purchased several new, highly...Ch. 14 - A consulting group was hired by the Human...Ch. 14 - Cellulon, a manufacturer of home insulation, wants...Ch. 14 - Refer to Self-Review 141 on the subject of...Ch. 14 - Prob. 5ECh. 14 - Prob. 6ECh. 14 - Prob. 3SRCh. 14 - Given the following regression output, answer the...
Ch. 14 - The following regression output was obtained from...Ch. 14 - A study by the American Realtors Association...Ch. 14 - The manager of High Point Sofa and Chair, a large...Ch. 14 - Prob. 10ECh. 14 - Prob. 11ECh. 14 - A real estate developer wishes to study the...Ch. 14 - Prob. 13CECh. 14 - Prob. 14CECh. 14 - Prob. 15CECh. 14 - Prob. 16CECh. 14 - The district manager of Jasons, a large discount...Ch. 14 - Suppose that the sales manager of a large...Ch. 14 - The administrator of a new paralegal program at...Ch. 14 - Prob. 20CECh. 14 - Prob. 21CECh. 14 - A regional planner is studying the demographics of...Ch. 14 - Great Plains Distributors, Inc. sells roofing and...Ch. 14 - Prob. 24CECh. 14 - Prob. 25CECh. 14 - Prob. 26CECh. 14 - An investment advisor is studying the relationship...Ch. 14 - Prob. 28CECh. 14 - Prob. 29CECh. 14 - The director of special events for Sun City...Ch. 14 - Prob. 31CECh. 14 - Prob. 32CECh. 14 - Prob. 33DACh. 14 - Prob. 34DACh. 14 - Prob. 35DACh. 14 - Prob. 1PCh. 14 - Quick-print firms in a large downtown business...Ch. 14 - The following ANOVA output is given. a. Compute...Ch. 14 - Prob. 1CCh. 14 - Prob. 2CCh. 14 - Prob. 3CCh. 14 - In a scatter diagram, the dependent variable is...Ch. 14 - What level of measurement is required to compute...Ch. 14 - If there is no correlation between two variables,...Ch. 14 - Which of the following values indicates the...Ch. 14 - Under what conditions will the coefficient of...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Prob. 1.9PTCh. 14 - In a multiple regression equation, what is the...Ch. 14 - Prob. 1.11PTCh. 14 - Prob. 1.12PTCh. 14 - For a dummy variable, such as gender, how many...Ch. 14 - What is the term given to a table that shows all...Ch. 14 - If there is a linear relationship between the...Ch. 14 - Given the following regression analysis output: a....Ch. 14 - Given the following regression analysis output. a....
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