Verifying value of t for the independent variable

Assignment Help Basic Statistics

Reference no: EM1318645

Q1)a) What is meant by Predicted Regression Equation?

b) Is slope (b₁) significant? How do you know? Describe. Test Hypothsis to show your answer.

c) Verify value of t for the independent Variable, using formula. (That is, using formula in the Formula Sheet compute the t statistic , given data provided in the print out).

d) Verify value of r², by using the formula (In other word, CALCULATE r²). Table in next page below:

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.494773102
R Square	0.244800422
Adjusted R Square	0.176145915
Standard Error	6.736122628
Observations	13
ANOVA
	df	SS	MS	F	*Significance F*
Regression	1	161.7942483	161.7942	3.565686	0.085628
Residual	11	499.1288286	45.37535
Total	12	660.9230769
	*Coefficients*	Standard Error	t Stat	P-value
Intercept	15.77804985	2.074123756	7.607092	1.05E-05
X	-0.105811713	0.056035363	-1.8883	0.085628

Reference no: EM1318645

Questions Cloud

Finding coefficient of correlation between variables : Find out coefficient of correlation between variables. Interpret the value.

Creating the estimated regression equation : Create the estimated regression equation by calculating the values of b 0 and b 1

Consumer protection view : The free market view and The consumer protection view.

Tracking down people to obtain people : A city government wants to track down the people who run the small businesses and do not pay the city’s $125 business-license fee.

Verifying value of t for the independent variable : Verify value of t for the independent Variable, using formula. (That is, using formula in the Formula Sheet compute the t statistic , given data provided in the print out).

Determining probability that spin is going to be red : If 16 out of 20 spins just came up black, determine the probability that next spin is going to be red?

Form of short-term medical care : Respite care is a form of short-term medical care for senior Americans that serve a very specific and important purpose. How would you describe the role of respite care?

Probability that electric brush chosen is defective : Find out the probability that: First electric brush chosen is defective?

Network-learning and high-involvement : Define these types of organizations: (1) network, (2) learning, and (3) high-involvement. What skills will you need to work effectively in these types of organizations?

User Account

All Pages