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Compute r-square and adjusted r-square

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Reference no: EM132372710

1. The estimated regression equation for a model involving two independent variables and 60 observations is:

= 35.17-3.5X1 + 0.128X2 Other statistics produced for analysis include: SSR = 2860.6, SST = 2163.4, Sb1 = 0.23, Sb2 = 0.10.

a. Interpret b1 and b2 in this estimated regression equation

b. Predict y when X1 = 60 and X2 = 50.

c. Compute R-square and Adjusted R-Square.

d. Comment on the goodness of fit of the model.

e. Compute MSR and MSE.

f. Perform a t test using the critical value approach for the significance of β1. Use a level of significance of 0.1.

Reference no: EM132372710

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