2 or (x) variables P-valueDISP/HWYNT/DISPWT/HWYISP/HWYWTDISPHWYK0.000 0.9430.0000.7470.000 0.9410.000 0.9350.000 0.7110.000 0.6590.0000.924Adjusted K0.9330.7190.9340.9280.6960.6410.920Regression EquationCITY = 6.86 -0.00133WT -0.256DISP + 0.658HWYCITY = 38.2 -0.00164WT - 1.28DISPCITY=6.71 -0.00164WT +0.667HWYCITY = 1.880.624DISP+ 0.702HWYCITY=41.5-0.00604WTCITY = 28.8 - 2.99DISPCITY = -3.11 +0.823HWY The accompanying table shows results from regressions performed on data from arandom sample of 21 cars. The response (y) variable is CITY (fuel consumptionin mi/gal). The predictor (x) variables are WT (weight in pounds), DISP (enginedisplacement in liters), and HWY (highway fuel consumption in mi/gal). If only onepredictor (x) variable is used to predict the city fuel consumption, which single variableis best? Why?Click the icon to view the table of regression equations.The best variable is HWY because it has the best combination of small P-value,0.000, and large adjusted R²,(Type integers or decimals. Do not round.)

The regression model shows a relationship between 1 dependent variable and 1 or more independent…

Answered: The accompanying table shows results…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 4SGR

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Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4
The correlation between first year college GPA and high school GPA is 0.683. If a simple linear regression was conducted to predict first year college GPA from high school GPA what does the correlation tell us about the fit of the model?
A real estate agent wanted to find the relationship between sale price of houses and the size of the house. Shecollected data on two variables recorded in the following table for 15 houses in Seattle. The two variables are PRICE= Sale price of houses in thousands of dollarsSIZE= Area of the entire house in square feet. The Excel working has been given. Note: the left hand side is Regression run.. The right hand side is 'new' regression run (for ans d). Question a) Using MICROSOFT EXCEL- run the above regression and copy the output into your assignment word documentfrom which you can write down the least square regression line. Write down the least square regression linefrom that specific output. b) Interpret the slope and constant term with proper UNITS assigned. c) Comment on the explanatory power of the regression model from the required output. Copy that specificoutput into your assignment word document.Now to increase the explanatory power of the model the real estate agent decides…
create graph of the two-variable data with a regression line, r, r2, and separate residual plot
The accompanying table shows results from regressions performed on data from a random sample of 21 cars. The response (y) variable is CITY (fuel consumption in mi/gal). The predictor (x) variables are WT (weight in pounds), DISP (engine displacement in liters), and HWY (highway fuel consumption in mi/gal). Which regression equation is best for predicting city fuel consumption? Why? Click the icon to view the table of regression equations. Choose the correct answer below. A. The equation CITY=6.86 -0.00131WT -0.258DISP+0.659HWY is best because it has a low P-value and the highest value of R². B. The equation CITY=6.73 -0.00157WT +0.668HWY is best because it has a low P-value and the highest adjusted value of R². C. The equation CITY= -3.15+0.823HWY is best because it has a low P-value and its R² and adjusted R² values are comparable to the R² and adjusted R² values of equations with more predictor variables. O D. The equation CITY=6.86 -0.00131WT-0.258DISP + 0.659HWY is best because it…
The accompanying table shows results from regressions performed on data from a random sample of 21 cars. The response (y) variable is CITY (fuel consumption in mi/gal). The predictor (x) variables are WT (weight in pounds), DISP (engine displacement in liters), and HWY (highway fuel consumption in mi/gal). Which regression equation is best for predicting city fuel consumption? Why? Click the icon to view the table of regression equations. Choose the correct answer below. OA. The equation CITY = -3.12 +0.824HWY is best because it has a low P-value and its R2 and adjusted R² values are comparable to the R2 and adjusted R2 values of equations with more predictor variables. OB. The equation CITY=6.88-0.00131WT-0.251DISP+0.654HWY is best because it has a low P-value and the highest value of R². OC. The equation CITY = 6.65 -0.00156WT +0.665HWY is best because it has a low P-value and the highest adjusted value of R². CITY=6.88-0.00131WT-0.251DISP+0.654HWY is best because it uses all of the…
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A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+BOIL+yEXP+8FDI Where FR = yearly foreign reserves ($000's), OIL = annual oil prices, EXP = yearly total exports ($000's) and FDI = annual foreign direct investment ($000's). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Сoef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 EXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 ** S = 2.45 R-sq 96.3% R-sq (adj) 95.3% Analysis of Variance Source DF MS F Regression 1991.31 663.77 ?? Error 12 77.4 6.45 Total 15 a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values *', ***', '?'and ??' d) Hence test whether B is significant. Give reasons for your answer. e) Perform the F…
A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+BOIL+YEXP+8FDI Where FR = yearly foreign reserves ($000's), OIL = annual oil prices, EXP = yearly total exports (S000's) and FDI = annual foreign direct investment (S000's). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 ЕXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 ** s = 2.45 R-sq = 96.3% R-sq (adj) = 95.3% Analysis of Variance Source DF MS Regression 1991.31 663.77 ?? Error 12 77.4 6.45 Total 15
A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+BOIL+YEXP+8FDI Where FR = yearly foreign reserves ($000’s), OIL = annual oil prices, EXP = yearly total exports (S000's) and FDI = annual foreign direct investment (S000's). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 EXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 ** s = 2.45 R-sq = 96.3% R-sq (adj) = 95.3% Analysis of Variance Source DF MS F Regression 3 1991.31 663.77 ? ?? Error 12 77.4 6.45 Total 15 a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values ***, ***', ?'and ??' d) Hence test whether ß is significant. Give reasons for your answer. e) Perform…

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