MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
Bartleby Related Questions Icon

Related questions

bartleby

Concept explainers

Question
The following estimated regression equation based on 30 observations was presented.
ŷ = 17.6 + 3.8x, - 2.3x, + 7.6x3 + 2.7x4
The values of SST and SSR are 1,803 and 1,756, respectively.
(a) Compute R2. (Round your answer to three decimal places.)
R2 =
(b) Compute R. (Round your answer to three decimal places.)
R2 =
(c) Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)
O The estimated regression equation provided a good fit as a small proportion of the variability in y has been explained by the estimated regression equation.
O The estimated regression equation did not provide a good fit as a small proportion of the variability in y has been explained by the estimated regression equation.
O The estimated regression equation did not provide a good fit as a large proportion of the variability in y has been explained by the estimated regression equation.
O The estimated regression equation provided a good fit as a large proportion of the variability in y has been explained by the estimated regression equation.
expand button
Transcribed Image Text:The following estimated regression equation based on 30 observations was presented. ŷ = 17.6 + 3.8x, - 2.3x, + 7.6x3 + 2.7x4 The values of SST and SSR are 1,803 and 1,756, respectively. (a) Compute R2. (Round your answer to three decimal places.) R2 = (b) Compute R. (Round your answer to three decimal places.) R2 = (c) Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) O The estimated regression equation provided a good fit as a small proportion of the variability in y has been explained by the estimated regression equation. O The estimated regression equation did not provide a good fit as a small proportion of the variability in y has been explained by the estimated regression equation. O The estimated regression equation did not provide a good fit as a large proportion of the variability in y has been explained by the estimated regression equation. O The estimated regression equation provided a good fit as a large proportion of the variability in y has been explained by the estimated regression equation.
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Statistics
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.
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman