
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
A multiple regression analysis produced the following output from Minitab.
Regression Analysis: Y versus x and x
Predictor Coef SE Coef T P
Constant -0.0626 0.2034 -0.31 0.762
x 1.1003 0.5441 2.02 0.058
x -0.8960 0.5548 -1.61 0.124
S = 0.179449 R-Sq = 89.0% R-Sq(adj) = 87.8%
Analysis of Variance
Source DF SS MS F P
Regression 2 4.7013 2.3506 73.00 0.000
Residual
Error
18 0.5796 0.0322
Total 20 5.2809
These results indicate that____________

Transcribed Image Text:A multiple regression analysis produced the following output from Minitab.
Regression Analysis: Y versus X₁ and X2
Predictor Coef
Constant -0.0626
x1
x2
1.1003
Analysis of Variance
Total
SE Coef T
0.2034
DF
0.5441
Source
Regression 2
Residual 18 0.5796
Error
SS
-0.8960 0.5548 -1.61 0.124
S = 0.179449 R-Sq = 89.0% R-Sq(adj) = 87.8%
4.7013
-0.31
20 5.2809
2.02
These results indicate that
P
MS
0.762
F
0.058
P
2.3506 73.00 0.000
0.0322
at least one of the variable is significant at 5% level
each predictor variable is significant at the 5% level
X₂ is the only predictor variable significant at the 5% level
none of the predictor variables are significant at the 5% level
x₁ is the only predictor variable significant at the 5% level
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