A sample of 25 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x1), the number of meals eaten outside (x2), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained.   Coefficients Standard Error Intercept 450.08 53.6 x1 49.92 9.6 x2 10.12 2.2 x3 -.60 12.0     ANOVA         df SS MS Regression   3078.39 1026.13 Residual (Error)   2013.90 95.90 Total         d. What are the degrees of freedom for the sum of squares explained by the regression (SSR) and the sum of squares due to error (SSE)? Additionally, test whether or not there is a significant relationship between the monthly expenditure on food and the independent variables. Use a .01 level of significance. Be sure to state the null and alternative hypotheses. f. Compute the multiple co-efficient of determination and explain its meaning. g. Estimate the monthly expenditure on food for a family that has 4 members, eats out 3 times, and does not have any member of the family on a diet.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
icon
Related questions
Question

2. A sample of 25 families was taken for a study. The objective of the study was to estimate the factors that determine the monthly expenditure (in dollars) on food for families. The independent variables included in the analysis were the number of members in the family (x1), the number of meals eaten outside (x2), and a dummy variable (x3) that equals 1 if a family member is on a diet and equals 0 if there is no family member on a diet. The following regression results were obtained.

 

Coefficients

Standard Error

Intercept

450.08

53.6

x1

49.92

9.6

x2

10.12

2.2

x3

-.60

12.0

 

 

ANOVA

 

 

 

 

df

SS

MS

Regression

 

3078.39

1026.13

Residual (Error)

 

2013.90

95.90

Total

 

 

 

 

d. What are the degrees of freedom for the sum of squares explained by the regression (SSR) and the sum of squares due to error (SSE)? Additionally, test whether or not there is a significant relationship between the monthly expenditure on food and the independent variables. Use a .01 level of significance. Be sure to state the null and alternative hypotheses.

f. Compute the multiple co-efficient of determination and explain its meaning.

g. Estimate the monthly expenditure on food for a family that has 4 members, eats out 3 times, and does not have any member of the family on a diet.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning