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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Question
Based on the following table, what is the sample regression equation?
Standard
Coefficients
Error
t Stat
p-value
Intercept
10,667.2167
7,538.0564
1.311
0.1927
Cost
0.1512
0.941
3.917
0.0002
Grad
184.4909
59.5840
2.574
0.0114
Debt
120.8303
110.0560
1.207
0.2300
Multiple Choice
Earnings = 10,667.2167 + 0.1512Cost + 184.4909Grad + 120.8303Debt
Earnings = 10,667.2167 - 0.151Cost + 184.4909Grad + 120.830Debt
Earnings = 10,667.2167 – 0.151Cost + 184.4909Grad – 120.830Debt
Earnings = 10,667.2167 + 0.151Cost + 184.4909Grad – 120.830 Debt
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Transcribed Image Text:Based on the following table, what is the sample regression equation? Standard Coefficients Error t Stat p-value Intercept 10,667.2167 7,538.0564 1.311 0.1927 Cost 0.1512 0.941 3.917 0.0002 Grad 184.4909 59.5840 2.574 0.0114 Debt 120.8303 110.0560 1.207 0.2300 Multiple Choice Earnings = 10,667.2167 + 0.1512Cost + 184.4909Grad + 120.8303Debt Earnings = 10,667.2167 - 0.151Cost + 184.4909Grad + 120.830Debt Earnings = 10,667.2167 – 0.151Cost + 184.4909Grad – 120.830Debt Earnings = 10,667.2167 + 0.151Cost + 184.4909Grad – 120.830 Debt
Expert Solution
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Step 1

We have been given the output of regression.

We have the regression equation given as,

Y^=β^0+β^1x1+β^2x2+β^3x3where, β^i are estimates of regression coefficients

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