MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The following estimated regression equation relating sales to inventory investment and advertising expenditures was given.
ý = 28 + 15x, + 8x2
The data used to develop the model came from a survey of 10 stores; for those data, SSyy (Total Sum of Squares) = 19,000 and SSR (Regression Sum of Squares) = 13,49o.
(a) For the estimated regression equation given, compute R.(Round your answer to two decimal places.)
R2 =
(b) Compute the adjusted r-square, R.2. (Round your answer to two decimal places.)
(c) Does the model appear to explain a large amount of variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to the
nearest integer.)
The adjusted coefficient of determination shows that
|% of the variability has been explained by the two independent variables; thus, we conclude that the model -Select-- v
explain a large amount of variability.
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Transcribed Image Text:The following estimated regression equation relating sales to inventory investment and advertising expenditures was given. ý = 28 + 15x, + 8x2 The data used to develop the model came from a survey of 10 stores; for those data, SSyy (Total Sum of Squares) = 19,000 and SSR (Regression Sum of Squares) = 13,49o. (a) For the estimated regression equation given, compute R.(Round your answer to two decimal places.) R2 = (b) Compute the adjusted r-square, R.2. (Round your answer to two decimal places.) (c) Does the model appear to explain a large amount of variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to the nearest integer.) The adjusted coefficient of determination shows that |% of the variability has been explained by the two independent variables; thus, we conclude that the model -Select-- v explain a large amount of variability.
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