Using the regression table I created, how should I perform the F-Test at 0.05 level of significance and T-Test? How do I arrive at a decision after this?
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Using the regression table I created, how should I perform the F-Test at 0.05 level of significance and T-Test? How do I arrive at a decision after this?
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- When developing financial distress prediction models the sample of companies used to test the module that has been developed is the Select one: a. prediction error b. estimation sample c. validation sample d. cut-off point e. None of the aboveUsing the data provided below. Deliver the One-Way ANOVA, following the Steps in Hypothesis Testing and Decision Making: Step 1: Problem - Ho: Ha: Step 2: Degrees of freedom (df), critical value /p-value, Statistical Treatment Step 3: Summary Table of the One-Way ANOVA Step 4: Decision Step 5: ConclusionMany drugs used to treat cancer are expensive. Business week reported on the cost per treatment of Herceptin, a drug used to treat breast cancer (Business week, January 30, 2006). Typical treatment costs (in dollars) for Herceptin are provided ny a simple random sample of 10 patients. 4376 5578 2717 4920 4495 4798 6446 4119 4237 3814 A. Develop a point estimate of the mean cost per treatment with Herceptin B. Develop a point estimate of the standard deviation of the cost per treatment with Herceptin.
- Can we conclude that the intraocular pressure (mmHg) values recorded for a sample of 25 subjects is less than 16? pressure 14.5 12.9 14 16.1 12 17.5 14.1 12.9 17.9 12 16.4 24.2 12.2 14.4 17 10 18.5 20.8 16.2 14.9 19.6 Ho: < 16 Ha: >16 Test statistic & value: P-value: Effect size: Statistical conclusion: Conclusion:Using test data on 43 vehicles, an analyst fitted a regression to predict CityMPG (miles per gallon in city driving) using as predictors Length (length of car in inches), Width (width of car in inches), and Weight (weight of car in pounds). R2 0.682 Adjusted R2 0.658 n 43 R 0.826 k 3 Standard error 2.558 Dependent variable CityMPG ANOVA table Source SS df MS F p-value Regression 547.3722 3 182.4574 27.90 8.35E-10 Residual 255.0929 39 6.5408 802.4651 42 Regression output confidence interval VIF variables Coefficients Standard error t statistic p-Value Lower 95% Upper 95% Intercept 39.4492 8.1678 4.830 0.0000 22.9283 55.9701 Length (in) −0.0016 0.0454 −0.035 0.9725 −0.0934 0.0902 2.669 Width (in) −0.0463 0.1373 −0.337 0.7379 −0.3239 0.2314 2.552 Weight (lbs) −0.0043 0.0008 −5.166 0.0000 −0.0060 −0.0026 2.836 (a) Referring to the Fstatistic and its p-value, what do you conclude about the overall fit of this model?Webster Chemical Company produces mastics and caulking for the construction industry. Theproduct is blended in large mixers and then pumped into tubes and capped.Webster is concerned whether the filling process for tubes of caulking is in statistical control. Theprocess should be centered on 8 ounces per tube. Several samples of eight tubes are taken andeach tube is weighed in ounces. Assuming that taking only 6 samples is sufficient, is the processin statistical control? Tube 1 Tube 2 Tube 3 Tube 4 Tube 5 Tube 6 Tube 7 Tube 8 Sample 1 7.98 8.34 8.02 7.94 8.44 7.68 7.81 8.11 Sample 2 8.23 8.12 7.98 8.41 8.31 8.18 7.99 8.06 Sample 3 7.89 7.77 7.91 8.04 8.00 7.89 7.93 8.09 Sample 4 8.24 8.18 7.83 8.05 7.90 8.16 7.97 8.07 Sample 5 7.87 8.13 7.92 7.99 8.10 7.81 8.14 7.88 Sample 6 8.13 8.14 8.11 8.13 8.14 8.12 8.13 8.14
- A community college wants to analyze the age and GPA of its students. Here is the data: Age 18 40 25 38 44 19 51 28 31 21 24 GPA 2.9 3.3 2.0 3.9 3.7 2.7 3.9 3.5 1.9 2.9 3.4 Can we say that there is a significant relationship between these variables? (Use α = .05) Type of Test: Null Hypothesis: Alternate Hypothesis: SE: Test Statistic: P-value: Decision: Sentence:Quesstion: An industry trade publication stated that the average profit per customer for this industry was greater than $4,500. The Sales Data is posted below this question on a sample of customers. Using a test of hypothesis, do the data support this claim or not? Use a 5% significance level. Sales Data Customer Percent Gross Profit Gross Sales Gross Profit Industry Code Competitive Rating* 1 51.0% $170.00 $86.70 1 2 2 32.0% $181.00 $57.92 3 4 3 20.0% $203.00 $40.60 2 2 4 22.0% $249.00 $54.78 5 1 5 21.0% $476.00 $99.96 5 1 6 21.0% $476.00 $99.96 5 4 7 22.0% $635.00 $139.70 2 3 8 34.0% $856.00 $291.04 3 3 9 26.0% $1,062.00 $276.12 4 2 10 16.6% $1,110.00 $183.71 7 3 11 20.0% $1,153.00 $230.60 7 3 12 36.0% $1,392.00 $501.12 4 2 13 18.0% $1,743.00 $313.74 4 2 14 20.0% $2,307.00 $461.40 7 3 15 5.0% $2,534.00 $126.70 4 5 16 29.0% $2,683.00 $778.07 7 2 17 10.0% $2,780.00 $278.00 2 3 18 37.0% $3,272.00 $1,210.64 5 3 19 60.0%…Based on the ANOVA table given, is there enough evidence at the 0.05 level of significance to conclude that the linear relationship between the independent variables and the dependent variable is statistically significant? Source df SS MS F Significance F Regression 3 1453.960807 484.653602 6.860011 0.006054 Residual 12 847.789193 70.649099 Total 15 2301.750000 A) Yes B) No
- The predicted score/residual score plot (below) shows.. a.) Unequal variances among the criterion as the predictors increase (heteroscedasticity) b.) Equal variances among the criterion as the predictors increase (homoscedasticity) c.) A positive correlation among the criterion and predictor variables d.) A negative correlation among the criterion and predictor variablesLynn University wants to examine whether students display better academic performance in class versus online. They have collected GPAs of two different samples of students, a sample from classes that take place in-person and a sample from classes that take place online. The data set is below. They predict that in-class students perform better than online students. GPA's In Class GPA Online GPA 4.0 4.0 3.5 2.2 3.7 3.3 3.5 3.7 2.0 2.5 3.2 3.8 3.3 3.8 What type of t-test should we use for this research question? Group of answer choices a) One sample b) Independent samples c) Paired SamplesPreterm Delivery Total Experimental Drug Standard Drug Placebo Yes 10 22 16 No 40 28 34 Test the association of the items in the table. Hypothesis ? Test stat ? P-value ? Accept H0 Reject H0?