MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Dex Research Limited conducted a research to investigate consumer characteristics that can be used to predict the amount charged by credit card users. The following multiple regression output is based on a data collected by this research company on annual income, household size and annual credit card charges for a sample if 50 consumers. Regression Statistics Multiple R 0.9086 R Square A Adjusted R Square 0.8181 Standard Error 398.091 Observations B ANOVA df SS MS F Significance F Regression 2 C E G 1.50876E-18 Residual D 7448393 F Total 49 42699149 Coefficients Standard Error t Stat P-Value Intercept 1304.9048 197.6548 6.6019 3.28664E-08 Income ($1000s) 33.1330 3.9679 H 7.68206E-11 Household size 356.2959 33.2009 10.7315 3.12342E-14 a. Complete the missing entries from A to H in this outputb. Estimate the annual credit card charges…arrow_forwardA multiple regression analysis produced the following tables. Predictor Coefficients StandardErrort Statistic p-valueIntercept -139.609 2548.989 -0.05477 0.957154x 24.24619 22.25267 1.089586 0.295682x 32.10171 17.44559 1.840105 0.08869Source df SS MS F p-valueRegression 2 302689 151344.5 1.705942 0.219838Residual 13 1153309 88716.07Total 15 1455998Using = 0.01 to test the null hypothesis H :?1 = ?2 = 0, the critical F value is ____.6.701.964.845.995.70arrow_forwardA study was conducted to examine how fear of public speaking varies across year of tertiary education (1st, 2nd or 3rd). Subjects were interviewed at the end of each of year of their tertiary education for fear of public speaking (measured on a 10 point metric scale). Which of the following would be an appropriate statistical test to conduct, which addresses these hypotheses? Group of answer choices: Factorial ANOVA Mixed ANOVA Multiple Regression Within Subjects ANOVA Single Factor ANOVAarrow_forward
- Read and analyze the result above using the Simple Linear Regression. Question: What is the effect size of the study? A. R square = 0.48; cannot be determined B. R square = 0.48; large effect C. R square = 0.48; medium effect D. R square = 0.48; small effectarrow_forwardA business is evaluating their advertising budget, and wishes to determine the relationship between advertising dollars spent and changes in revenue. Below is the output from their regression. SUMMARY OUTPUT Regression Statistics Multiple R 0.95 R Square 0.90 Adjusted R Square 0.82 Standard Error 0.82 Observations 8 ANOVA df SS MS F Significance F Regression 3 23.188 7.729 11.505 0.020 Residual 4 2.687 0.672 Total 7 25.875 Coefficients Std Error t Stat P-value Lower 95% Upper 95% Intercept 83.91 2.03 41.36 0.00 78.28 89.54 TV ($k) 1.96 0.48 4.10 0.01…arrow_forwardConsider the following ANOVA table for a multiple regression model relating housing prices (in thousands of dollars) to the number of bedrooms in the house and the size of the lot on which the house was built (in square feet). There were 9090 total observations. Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size)Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size) ANOVA dfdf SSSS MSMS F� Significance F� Regression 22 306,443.7975306,443.7975 153,221.8988153,221.8988 21.727421.7274 2.2211E-082.2211E-08 Residual 8787 613,525.5190613,525.5190 7052.01757052.0175 Total 8989 919,969.3165919,969.3165 What percent of variation in housing prices is explained by the number of bedrooms and lot size? Round your answer to two decimal placesarrow_forward
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