MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Coefficient of determination is given by,
R2= 1- (SSE/SST)
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- You may need to use the appropriate technology to answer this question. A regression analysis involving 45 observations relating a dependent variable and two independent variables resulted in the following information. ý = 0.406 + 1.3385X + 2X2 The SSE for the above model is 43. When two other independent variables were added to the model, the following information was provided. ŷ = 1.9 - 3x₁ + 12x₂ + 4x3 + 8x4 This model's SSE is 36. At a 0.05 level of significance, test to determine if the two added independent variables contribute significantly to the model. State the relevant null and alternative hypotheses. O Ho: One or more of the parameters is not equal to zero. H₂: B₁ = B₂= B3 = P4 = 0 OH: One or more of the parameters is not equal to zero. H₂: B3 =B₁ = 0 O Ho: B3 =B4 = 0 H₂: None of the parameters are equal to zero. H₁: B3 =B4 = 0 H₂: One or more of the parameters is not equal to zero. O Ho: B₁ = B₂= B3 =B4 = 0 H₂: One or more of the parameters is not equal to zero. ✔ Find the…arrow_forwardWhen testing for bl in a regression model, the null hypothesis (2-tailed) is b1=0. Why? O Then the alternative hypothesis can be b0=1 This indicates that bl=b2 This indicates that bl=b0 A change in x does not result in a change in yarrow_forwardb. Use statistical software to replicate the following regression analysis with all the Independent variables. Compute the coefficient of multiple determination. (Negative amounts should be indicated by a minus sign. Round your answer to 3 decimal places.) The regression equation is Paralegal GPA = -0.411 +1.20 HSGPA + 0.00163 SAT_Verbal - 0.00194 SAT_Math Predictor Constant HSGPA SAT Verbal SAT Math 0.001629 -0.001939 Coefficient SE Coefficient -0.4111 1.2014 t 0.7823 -0.53 р 0.622 0.2955 0.002147 4.07 0.010 0.76 0.482 0.002074 -0.94 0.393 Analysis of Variance SOURCE DF SS Regression 3 4.3595 MS F 1.4532 10.33 р 0.014 Residual Error 5 0.7036 0.1407 Total 8 5.0631 Source DF Seq SS HSGPA 1 4.2061 SAT Verbal 1 0.0303 SAT Math 1 0.1231 Coefficient of multiple determination Conduct a global test of hypothesis from the preceding output. c-1. State the decision rule at the 0.05 level of significance. (Round your answer to 2 decimal places.) Reject H₂ if F> c-2. Compute the value of F. (Round…arrow_forward
- Suppose the following data were collected from a sample of 1515 CEOs relating annual salary to years of experience and the economic sector their company belongs to. Use statistical software to find the following regression equation: SALARYi=b0+b1EXPERIENCEi+b2SERVICEi+b3INDUSTRIALi+eiSALARY�=�0+�1EXPERIENCE�+�2SERVICE�+�3INDUSTRIAL�+��. Is there enough evidence to support the claim that on average, CEOs in the service sector have lower salaries than CEOs in the financial sector at the 0.010.01 level of significance? If yes, write the regression equation in the spaces provided with answers rounded to two decimal places. Else, select "There is not enough evidence." Copy Data CEO Salaries Salary Experience Service (1 if service sector, 0 otherwise) Industrial (1 if industrial sector, 0 otherwise) Financial (1 if financial sector, 0 otherwise) 144225144225 1010 11 00 00 187765187765 2020 00 00 11 142500142500 66 11 00 00 169650169650 2828 11 00 00 167250167250 3131 00…arrow_forwardA car dealership would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on theemployee's number of years of sales experience. The accompanying regression output was developed based on a random sample of employees. a. Predict the sales next month for an employee with 2.5 years of experience. The predicted sales is 8.6 cars. b. Compute the coefficient of determination and interpret its meaning. The coefficient of determination is 0.234 Therefore, about _________% of the variation in monthly sales is explained by the years of sales experience. (Type an integer or decimal rounded to one decimal place as needed.)arrow_forward8arrow_forward
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