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Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. с b₁ b b² (VIF₂) (VIF₂) (VIF3) R² 0.01 0.51 0.32 0.16 10 10.5 2 0.81 0.02 0.50 0.33 0.16 9 8 1.9 0.805 0.04 0.52 0.33 0.15 8 7 1.7 0.8 0.05 0.57 0.34 0.15 5 4 1.3 0.80 0.06 0.55 0.352 0.145 2 2.5 1.01 0.795 0.07 0.545 0.352 0.145 1.1 1.05 0.98 0.8

Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. с b₁ b b² (VIF₂) (VIF₂) (VIF3) R² 0.01 0.51 0.32 0.16 10 10.5 2 0.81 0.02 0.50 0.33 0.16 9 8 1.9 0.805 0.04 0.52 0.33 0.15 8 7 1.7 0.8 0.05 0.57 0.34 0.15 5 4 1.3 0.80 0.06 0.55 0.352 0.145 2 2.5 1.01 0.795 0.07 0.545 0.352 0.145 1.1 1.05 0.98 0.8

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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4.3. Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. C bR b2 b (VIF₂) (VIF₂) (VIF3) R² 0.01 0.51 0.32 0.16 10 10.5 2 0.81 0.02 0.50 0.33 0.16 9 8 1.9 0.805 0.04 0.52 0.33 0.15 8 7 1.7 0.8 0.05 0.57 0.34 0.15 5 4 1.3 PL 0.80 0.06 0.55 0.352 0.145 2 2.5 1.01 0.795 0.07 0.545 0.352 0.145 1.1 1.05 0.98 0.8
Transcribed Image Text:4.3. Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. C bR b2 b (VIF₂) (VIF₂) (VIF3) R² 0.01 0.51 0.32 0.16 10 10.5 2 0.81 0.02 0.50 0.33 0.16 9 8 1.9 0.805 0.04 0.52 0.33 0.15 8 7 1.7 0.8 0.05 0.57 0.34 0.15 5 4 1.3 PL 0.80 0.06 0.55 0.352 0.145 2 2.5 1.01 0.795 0.07 0.545 0.352 0.145 1.1 1.05 0.98 0.8
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