EP INTRODUCTION TO PROBABILITY+STAT.
EP INTRODUCTION TO PROBABILITY+STAT.
14th Edition
ISBN: 2810019974203
Author: Mendenhall
Publisher: CENGAGE L
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Chapter 13.4, Problem 13.4E

i.

To determine

To identify:

The independent variable x1,x2,x3 used for prediction of y

i.

Expert Solution
Check Mark

Answer to Problem 13.4E

Independent variable x1,x2,x3 contribute the information to predict y ,

Explanation of Solution

Given information:

  b0=1.04b1=1.29SE(b1)=0.42b2=2.72SE(b2)=0.65b3=0.41SE(b3)=0.17

Formula used:

The student’s t- statistics is given by the following expression:

  t=biβtSE(bi)

The values:

  (t3.0714)=0.9947(t4.1846)=0.9992(t2.4117)=0.9827

Calculation:

To identify which independent variable x1,x2,x3 contribute the information to predict y , need to use the significance of partial regression co-efficient.

The F test with the hypothesis:

To test the null hypothesis:

  H0:βt=0

Vs

  H0:βt0

And, df=(nk1)=1531=11

1. At b1=1.29,SE(b1)=0.42:

The student’s t- statistics is calculated as:

  t=b1β1SE(b1)t=0.12900.42t=3.071428

The corresponding P -value is calculated as:

  2P(t3.0714)=2P(1(t300714))2P(t3.0714)=2P(10.9947)2P(t3.0714)=2(0.0053)2P(t3.0714)=0.0106

Reject the null hypothesis H0 as the Pvalue=0.0106 is less than α=0.05

Hence, independent variable x1 contribute the information to predict y .

2. At b2=2.72,SE(b2)=0.65:

The student’s t- statistics is calculated as:

  t=b2β2SE(b2)t=2.7200.65t=4.1846

The corresponding P -value is calculated as:

  2P(t4.1846)=2P(1(t4.1846))2P(t4.1846)=2P(10.9992)2P(t4.1846)=2(0.0008)2P(t4.1846)=0.0016

Reject the null hypothesis H0 as the Pvalue=0.0016 is less than α=0.05

Hence, independent variable x2 contribute the information to predict y .

3. At b3=0.41,SE(b3)=0.17:

The student’s t- statistics is calculated as:

  t=b3β3SE(b3)t=0.4100.17t=2.4117

The corresponding P -value is calculated as:

  2P(t2.4117)=2P(1(t2.4117))2P(t2.4117)=2P(10.9827)2P(t2.4117)=2(0.0173)2P(t2.4117)=0.0346

Reject the null hypothesis H0 as the Pvalue=0.0346 is less than α=0.05

Hence, independent variable x3 contribute the information to predict y .

Conclusion:

Therefore, all independent variable x1,x2,x3 contribute the information to predict y .

ii.

To determine

The least-square prediction equation

ii.

Expert Solution
Check Mark

Answer to Problem 13.4E

The least-square prediction equation is Y=1.04+1.29x1+2.72x2+0.41x3

Explanation of Solution

Given information:

  b0=1.04b1=1.29SE(b1)=0.42b2=2.72SE(b2)=0.65b3=0.41SE(b3)=0.17

Calculation:

The line which makes the vertical distance from the data points to the regression line is known as least-square regression. This distance is as small as possible.

The least-square prediction equation is given by the following eq:

  ˆy=b0+b1x1+b2x2+b3x3

Put the given values:

  ˆy=b0+b1x1+b2x2+b3x3ˆy=1.04+1.29x1+2.72x2+0.41x3

Conclusion:

Hence, least-square prediction equation is derived as ˆy=1.04+1.29x1+2.72x2+0.41x3

iii.

To determine

To explain:

The relationship between lines shown by the graph the relationship between x1 and y when (x2=1,x3=0) and (x2=1,x3=0.5)

iii.

Expert Solution
Check Mark

Answer to Problem 13.4E

Lines shown by the graph is appearing to be parallel with each other

Explanation of Solution

Given information:

Predictor variables: x1,x2,x3

Calculation:

The given equation is ˆy=b0+b1x1+b2x2+b3x3 related to three predictor variables x1,x2,x3 .

When (x2=1,x3=0) the equation becomes:

  ˆy=b0+b1x1+b2x2+b3x3ˆy=1.04+1.29x1+2.72x2+0.41x3ˆy=1.04+1.29x1+2.72(1)+0.41(0)ˆy=3.76+1.29x1

When (x2=1,x3=0.5) the equation becomes:

  ˆy=b0+b1x1+b2x2+b3x3ˆy=1.04+1.29x1+2.72x2+0.41x3ˆy=1.04+1.29x1+2.72(1)+0.41(0.5)ˆy=3.965+1.29x1

The below graph depicting the relationship between x1 and y when (x2=1,x3=0) and (x2=1,x3=0.5)

  EP INTRODUCTION TO PROBABILITY+STAT., Chapter 13.4, Problem 13.4E

Two lines shown by graph are seems to be parallel with each other.

Conclusion:

The above graph depicting the relationship between the two lines and they appear to be parallel to each other.

iv.

To determine

To explain:

The practical interpretation of β1

iv.

Expert Solution
Check Mark

Answer to Problem 13.4E

The measurement of changes in x1when all other independent variables are held to be constant is done byβ1.

Explanation of Solution

Three-dimensional extension line of means is depicted by the given eq.

  E(y)=β0+β1x1+β2x2

When x1 and x2 both are zero, the intercept-the average value of y is given by β0

Partial slopes of the model is denoted by β1 and β0 . They are also known as partial regression coefficients.

The measurement of changes occurs in y for one unit change in x1 when all other independent variables are held to be constant is done by β1 .

The slope estimated by a fit line with x1 alone is not same as partial regression coefficients β1 with x1 and x2 .

Conclusion:

Hence, the unknown constant values are estimated by using the sample data.

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