
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Topic Video
Question
Answer the following questions.

Transcribed Image Text:Question-1: The objective of a study is to produce a multiple regression model to predict sales of cotton
fabric. The explanatory variables are
X,
Whole sale price index
Quantity of Imported Fabric
х,
Quantity of Exported Fabric
Time
Part of a computer output from the estimated regression based on 28 observations is shown below:
Predictor
Constant
Coeff StdDev
8876
2295
X,
-24
25
-6
2.5
X,
0.5
0.2
X,
63
70
Analysis of Variance
Source
Regression
Error
Total
21080
1426
22506

Transcribed Image Text:a) Write down the estimated regression equation and interpret the estimated regression coefficients for
X, and X,.
b) Test if the overall regression model is significant or not using a 0.05 level of significance.
c) Test the significance of each regression coefficient. Use significance level 0.05.
d) Suppose we drop the variable X, from the model. The reduced regression model has X,, X, and X,
as explanatory variables. The reduced model has R² =0.9. Test if the reduced regression model is
significant or not at significance level 0.05.
e) Suppose you believe that the quantity of cotton fabric sold may also be impacted by how cold the
weather is. Furthermore, suppose you have classified the weather in three categories, cold, normal, warm.
Design a regression model that allows for the new variables and show how you test your hypothesis.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by stepSolved in 4 steps with 3 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- A car knocked over a stop again, but then sped off. The only information that an eyewitness remembers is that the car’s license plates contains two W’s and one D, but not necessarily in this order. How many license plates must check?arrow_forwardPlease answer part(b) again.l can't understand it.arrow_forward1. Þ(8) Answer: Show your work or explain your reasoning here:arrow_forward
- Match each question with its answer.arrow_forwardf.3.2arrow_forwardA new dormitory is to be constructed. There will be three types of rooms: single rooms which accommodate just 1 student per room, double rooms which accommodate 2 students per room, and triple rooms which accommodate 3 students per room. The dorm will contain 151 rooms and accommodate 262 students. Further, there will be 20 more double rooms than single rooms. Find the number of each type of room. There will be Blank 1. Calculate the answer by read surrounding text. single rooms. There will be Blank 2. Calculate the answer by read surrounding text. double rooms. There will be Blank 3. Calculate the answer by read surrounding text. triple rooms.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman

MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc

Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning

Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning

Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON

The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman