Solution-Compute r-square and adjusted r-square

Compute r-square and adjusted r-square

Assignment Help Basic Statistics

Reference no: EM132372710

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

= 35.17-3.5X₁ + 0.128X₂Other statistics produced for analysis include: SSR = 2860.6, SST = 2163.4, S_b1 = 0.23, S_b2 = 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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Compute r-square and adjusted r-square

Reference no: EM132372710

Reference no: EM132372710

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