Explain dependent and independent variable

Assignment Help Basic Statistics
Reference no: EM132855943

The quality of wine is impacted by the wine's Density, Volatile Acidity (%), Residual Sugar (grams), and Alcohol (%). A sommelier is trying to estimate the quality of the wine based on these four variables. The sommelier has collected some data on 200 wines. The sommelier would like to build a multiple regression model to estimate the quality based on these four variables.

How do you use the value of Significance F in the multiple regression model. Choose all that apply.

-If the value of Significance F is greater than 0.05 - then you accept the alternative hypothesis

-If the value of Significance F is less than 0.05 - then you reject the alternative hypothesis

-If there is a statistical relationship between the dependent and an independent variable this means the true value of the slope is proved to be greater than 0

-If there is a statistical relationship between the dependent and an independent variable this means the true value of the intercept is proved to be greater than 0

-If the value of Significance F is greater than 0.05 - then you accept the null hypothesis

-If the value of Significance F is less than 0.05 - then you reject the null hypothesis

-If there is a statistical relationship between the dependent and an independent variable this means the true value of the slope is proved to be different than 0

-The result of the hypothesis test indicates whether that there is a statistical linear relationship between the dependent variable and at least one independent variable

Reference no: EM132855943

Questions Cloud

How much income from the contracts must report : How much income from these contracts must it report in 2020 and how much income can it defer to 2021 and/or any later years?
What is the standard error of the mean time : State one possible reason why the company used sampling in this case. Explain your reasoning.
Computing the standard deviation of the mean : 1. Approximately what percentage of cases is within ± 1 standard deviation of the mean for a normally distributed variable?
What examination is a uniform national examination prepared : What examination is a uniform national examination prepared and graded by the American Institute of Certified Public Accountants?
Explain dependent and independent variable : The quality of wine is impacted by the wine's Density, Volatile Acidity (%), Residual Sugar (grams), and Alcohol (%).
What type of risk includes the possibility : What type of risk includes the possibility that the financial statements might contain material that depart from Generally Accepted Accounting Principles?
Approximate the distribution of grades : If we can approximate the distribution of these grades by a normal distribution, what percent of the students
What is a major subset of assurance services called : What type of attestation refers to an audit that involves historical financial statements and provides the highest form of assurance
What are the three major categories of audits : What type of audit does the Sarbanes-Oxley Act require auditors of publicly traded companies in the United States to perform to provide assurance

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd