(1)Write down the estimated model for the House Size(11)Interpret the coefficients of the model(iii) What percentage of the variation is not explained by the exogenous (independent)variables?Which of the independent variable(s) is/are significant in explaining the changes inHouse Sizes and why?(v)If age changes by 1 unit, state the range of values within which House Size will fallfor 95% confidence level.(iv)(vi)(vii)Test the significance of Monthly income at 5% level. Interpret your results.Predict the Size of a House if Monthly Income of a customer of K3 Company Ltdincreases by Ghs500, Age by 2 years and Education level by 2 units. 1The K3 Estate Ltd is into estate development operating around Madina and Adenta areas. Thecompany wants to know whether Monthly Income, Age and Educational level can be used todetermine House Size of their customers. As a Quantitative Analyst use the followingRegression output in the tables to answer the questions that follow:SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R. SquareStandard ErrorObservationsANOVARegressionResidualTotalInterceptAgeEducationLevelMonthlyIncome0.8640540.5945441.006797SSMSF14.9318 4.977266 4.9102861.01364135 5.068203820StandardErrorSignificanceF0.049566Lower95%Upper95%2.688690.000473 0.087385Coefficients1 Stat P-value-0.13123 1.096997 -0.11963 0.909436 -2.951150.043929 0.0169050.301484 -0.31237 0.767365 -0.86916 0.6808140.000771 0.000269 2.865152 0.035194 7.93E-05 0.001463

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Answered: (1) (11) (111) Write down the estimated…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In a 1996 article published in Technometrics, 38, pp. 11–22, the authors discuss the reliability of nuclear power plant emergency generators. To control the risk of damage to the nuclear core during accidents at nuclear plants, the reliability of emergency diesel generators (EDG) to start on demand must be maintained at a very high level. At each nuclear power plant there are a number of such generators. An overall measure of reliability is obtained by counting the number of times the EDGs successfully work when needed. The table here provides the number of successful demands for implementation of an EDG between each subsequent failure in an EDG for all the EDGs at each of seven nuclear power plants. A regulatory agency wants to determine if there is a difference in the reliability of the seven nuclear power plants. (Use Data _8). Do the conditions necessary for conducting the ANOVA test appear to be satisfied by these data? Run an ANOVA (Regardless of the assumptions) and…

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