Use the least square equation to predict income given ages=21 & 45 & experience=0 & 5. b) Compute for multiple correlation coefficient. Age 31 37 28 42 33 25 35 40 Experience 4 1 5 4 3 3 2 2 Income 35400 41200 45000 40300 36800 43200 41600 38700
Use the least square equation to predict income given ages=21 & 45 & experience=0 & 5. b) Compute for multiple correlation coefficient. Age 31 37 28 42 33 25 35 40 Experience 4 1 5 4 3 3 2 2 Income 35400 41200 45000 40300 36800 43200 41600 38700
Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Inner Product Spaces
Section5.CR: Review Exercises
Problem 63CR
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Question
Multiple Regression and
Use exel to compute.
Σy = nbo + Σx1b1 + Σx2b2 | |
Σx1y = Σx1bo + Σx12b1 + (Σx1x2)b2 | |
Σx2y = Σx2bo + (Σx1x2)b1 + Σx22b2 |
- a) Use the least square equation to predict income given ages=21 & 45 & experience=0 & 5.
- b) Compute for multiple
correlation coefficient .
Age |
31 |
37 |
28 |
42 |
33 |
25 |
35 |
40 |
Experience |
4 |
1 |
5 |
4 |
3 |
3 |
2 |
2 |
Income |
35400 |
41200 |
45000 |
40300 |
36800 |
43200 |
41600 |
38700 |
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