(a)
To find out the estimated multiple regression equation and model to predict the weight of a perch by two explanatory variables.
(a)

Answer to Problem 28.13AYK
The estimated multiple regression equationis
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. We will use the Excel software to find the
Regression Statistics | |
Multiple R | 0.968139 |
R Square | 0.937292 |
Adjusted R Square | 0.934926 |
Standard Error | 88.676 |
Observations | 56 |
ANOVA | |||||
df | SS | MS | F | Significance F | |
Regression | 2 | 6229332 | 3114666 | 396.095 | 1.35E-32 |
Residual | 53 | 416761.9 | 7863.433 | ||
Total | 55 | 6646094 |
Coefficients | Standard Error | t Stat | P-value | |
Intercept | -578.758 | 43.66725 | -13.2538 | 1.85E-18 |
Length | 14.30738 | 5.658797 | 2.528344 | 0.014475 |
Width | 113.4997 | 30.26474 | 3.750227 | 0.000439 |
Thus, from above the multiple regression equation is as:
(b)
To explain how much of the variation in the weight of perch is explained by the model in part (a).
(b)

Answer to Problem 28.13AYK
Only
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. We will use the Excel software to find the regression analysis by the data analysis option in the data tab. Now, the estimated regression model with two explanatory variables, length and width, to predict perch is as:
Regression Statistics | |
Multiple R | 0.968139 |
R Square | 0.937292 |
Adjusted R Square | 0.934926 |
Standard Error | 88.676 |
Observations | 56 |
As we can see that
(c)
To explain does the ANOVA table indicate that at least one of the explanatory variables is helpful in predicting the weight of perch.
(c)

Answer to Problem 28.13AYK
The ANOVA table indicates that at least one of the explanatory variables is helpful in predicting the weight of perch.
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. From part (a), we can say that the test statistics value of F is more than the critical value of F , then it means that we can reject the null hypothesis and there is statistical significance and this explains that the ANOVA table indicates that at least one of the explanatory variables is helpful in predicting the weight of perch.
(d)
To explain do the individual t tests indicate that both
(d)

Answer to Problem 28.13AYK
The individual t tests indicate that both
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. From part (a), we can say that the P-values of both the
(e)
To create a new variable called interaction and use the multiple regression model with three explanatory variables to predict weight of a perch and the estimated multiple regression equation.
(e)

Answer to Problem 28.13AYK
The estimated multiple regression equationis
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. Now, we will create a new variable called interaction by multiplying the two explanatory variables, length and width and use the Excel software to find the regression analysis by the data analysis option in the data tab. Now, the estimated regression model with three explanatory variables, length and width, to predict perch is as:
Regression Statistics | |
Multiple R | 0.992314 |
R Square | 0.984688 |
Adjusted R Square | 0.983805 |
Standard Error | 44.23814 |
Observations | 56 |
ANOVA | |||||
df | SS | MS | F | Significance F | |
Regression | 3 | 6544330 | 2181443 | 1114.68 | 3.75E-47 |
Residual | 52 | 101764.7 | 1957.013 | ||
Total | 55 | 6646094 |
Coefficients | Standard Error | t Stat | P-value | |
Intercept | 113.9349 | 58.78439 | 1.938183 | 0.058039 |
Length | -3.48269 | 3.152101 | -1.10488 | 0.274298 |
Width | -94.6309 | 22.29543 | -4.24441 | 9.06E-05 |
interaction | 5.241238 | 0.413121 | 12.68693 | 1.52E-17 |
And the estimated multiple regression equation with the term interaction is as:
In this,
(f)
To explain how much of the variation in the weight of perch is explained by the model in part (e).
(f)

Answer to Problem 28.13AYK
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. Now, we will create a new variable called interaction by multiplying the two explanatory variables, length and width and use the Excel software to find the regression analysis by the data analysis option in the data tab. Now, the estimated regression model with three explanatory variables, length and width, to predict perch is as:
Regression Statistics | |
Multiple R | 0.992314 |
R Square | 0.984688 |
Adjusted R Square | 0.983805 |
Standard Error | 44.23814 |
Observations | 56 |
Since in this we have
(g)
To explain does the ANOVA table indicate that at least one of the explanatory variables is helpful in predicting the weight of perch.
(g)

Answer to Problem 28.13AYK
Yes, the ANOVA table indicates that at least one of the explanatory variables is helpful in predicting the weight of perch.
Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. From part (e), we can say from the analysis that the test statistics value of F is more than the critical value of F , then it means that we can reject the null hypothesis and there is statistical significance and this explains that the ANOVA table indicates that at least one of the explanatory variables is helpful in predicting the weight of perch.
(h)
To describe how the individual t statistics changed when the interaction term was added.
(h)

Explanation of Solution
In the question, it is given the table that contains data on the size of perch caught in a lake in Finland. From part (e) and (a), we can say from the analysis that when the interaction term is added to the model then the individual t statistics becomes negative and decreased from that of part (a) and also in part (e) one of the P-values for the slope is larger than the level of significance that means it is not statistically significant but in part (a), both the slopes were statistically significant.
Want to see more full solutions like this?
Chapter 28 Solutions
ACHIEVE F/PRACT OF STAT IN LIFE-ACCESS
- 4 (MLE of ARCH) Suppose rt follows ARCH(2) with E(rt) = 0, rt = ut, ut = στει, σε where {+} is a sequence of independent and identically distributed (iid) standard normal random variables. With observations r₁,...,, write down the log-likelihood function for the model esti- mation.arrow_forward5 (Moments of GARCH) For the GARCH(2,2) model rt = 0.2+0.25u1+0.05u-2 +0.30% / -1 +0.20% -2, find cov(rt). 0.0035 ut, ut = στει,στ =arrow_forwardDefinition of null hypothesis from the textbook Definition of alternative hypothesis from the textbook Imagine this: you suspect your beloved Chicken McNugget is shrinking. Inflation is hitting everything else, so why not the humble nugget too, right? But your sibling thinks you’re just being dramatic—maybe you’re just extra hungry today. Determined to prove them wrong, you take matters (and nuggets) into your own hands. You march into McDonald’s, get two 20-piece boxes, and head home like a scientist on a mission. Now, before you start weighing each nugget like they’re precious gold nuggets, let’s talk hypotheses. The average weight of nuggets as mentioned on the box is 16 g each. Develop your null and alternative hypotheses separately. Next, you weigh each nugget with the precision of a jeweler and find they average out to 15.5 grams. You also conduct a statistical analysis, and the p-value turns out to be 0.01. Based on this information, answer the following questions. (Remember,…arrow_forward
- Business Discussarrow_forwardCape Fear Community Colle X ALEKS ALEKS - Dorothy Smith - Sec X www-awu.aleks.com/alekscgi/x/Isl.exe/10_u-IgNslkr7j8P3jH-IQ1w4xc5zw7yX8A9Q43nt5P1XWJWARE... Section 7.1,7.2,7.3 HW 三 Question 21 of 28 (1 point) | Question Attempt: 5 of Unlimited The proportion of phones that have more than 47 apps is 0.8783 Part: 1 / 2 Part 2 of 2 (b) Find the 70th The 70th percentile of the number of apps. Round the answer to two decimal places. percentile of the number of apps is Try again Skip Part Recheck Save 2025 Mcarrow_forwardHi, I need to sort out where I went wrong. So, please us the data attached and run four separate regressions, each using the Recruiters rating as the dependent variable and GMAT, Accept Rate, Salary, and Enrollment, respectively, as a single independent variable. Interpret this equation. Round your answers to four decimal places, if necessary. If your answer is negative number, enter "minus" sign. Equation for GMAT: Ŷ = _______ + _______ GMAT Equation for Accept Rate: Ŷ = _______ + _______ Accept Rate Equation for Salary: Ŷ = _______ + _______ Salary Equation for Enrollment: Ŷ = _______ + _______ Enrollmentarrow_forward
- Question 21 of 28 (1 point) | Question Attempt: 5 of Unlimited Dorothy ✔ ✓ 12 ✓ 13 ✓ 14 ✓ 15 ✓ 16 ✓ 17 ✓ 18 ✓ 19 ✓ 20 = 21 22 > How many apps? According to a website, the mean number of apps on a smartphone in the United States is 82. Assume the number of apps is normally distributed with mean 82 and standard deviation 30. Part 1 of 2 (a) What proportion of phones have more than 47 apps? Round the answer to four decimal places. The proportion of phones that have more than 47 apps is 0.8783 Part: 1/2 Try again kip Part ی E Recheck == == @ W D 80 F3 151 E R C レ Q FA 975 % T B F5 10 の 000 园 Save For Later Submit Assignment © 2025 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center | Accessibility Y V& U H J N * 8 M I K O V F10 P = F11 F12 . darrow_forwardYou are provided with data that includes all 50 states of the United States. Your task is to draw a sample of: 20 States using Random Sampling (2 points: 1 for random number generation; 1 for random sample) 10 States using Systematic Sampling (4 points: 1 for random numbers generation; 1 for generating random sample different from the previous answer; 1 for correct K value calculation table; 1 for correct sample drawn by using systematic sampling) (For systematic sampling, do not use the original data directly. Instead, first randomize the data, and then use the randomized dataset to draw your sample. Furthermore, do not use the random list previously generated, instead, generate a new random sample for this part. For more details, please see the snapshot provided at the end.) You are provided with data that includes all 50 states of the United States. Your task is to draw a sample of: o 20 States using Random Sampling (2 points: 1 for random number generation; 1 for random sample) o…arrow_forwardCourse Home ✓ Do Homework - Practice Ques ✓ My Uploads | bartleby + mylab.pearson.com/Student/PlayerHomework.aspx?homeworkId=688589738&questionId=5&flushed=false&cid=8110079¢erwin=yes Online SP 2025 STA 2023-009 Yin = Homework: Practice Questions Exam 3 Question list * Question 3 * Question 4 ○ Question 5 K Concluir atualização: Ava Pearl 04/02/25 9:28 AM HW Score: 71.11%, 12.09 of 17 points ○ Points: 0 of 1 Save Listed in the accompanying table are weights (kg) of randomly selected U.S. Army male personnel measured in 1988 (from "ANSUR I 1988") and different weights (kg) of randomly selected U.S. Army male personnel measured in 2012 (from "ANSUR II 2012"). Assume that the two samples are independent simple random samples selected from normally distributed populations. Do not assume that the population standard deviations are equal. Complete parts (a) and (b). Click the icon to view the ANSUR data. a. Use a 0.05 significance level to test the claim that the mean weight of the 1988…arrow_forward
- solving problem 1arrow_forwardselect bmw stock. you can assume the price of the stockarrow_forwardThis problem is based on the fundamental option pricing formula for the continuous-time model developed in class, namely the value at time 0 of an option with maturity T and payoff F is given by: We consider the two options below: Fo= -rT = e Eq[F]. 1 A. An option with which you must buy a share of stock at expiration T = 1 for strike price K = So. B. An option with which you must buy a share of stock at expiration T = 1 for strike price K given by T K = T St dt. (Note that both options can have negative payoffs.) We use the continuous-time Black- Scholes model to price these options. Assume that the interest rate on the money market is r. (a) Using the fundamental option pricing formula, find the price of option A. (Hint: use the martingale properties developed in the lectures for the stock price process in order to calculate the expectations.) (b) Using the fundamental option pricing formula, find the price of option B. (c) Assuming the interest rate is very small (r ~0), use Taylor…arrow_forward
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman





