Introduction to the Practice of Statistics: w/CrunchIt/EESEE Access Card
8th Edition
ISBN: 9781464158933
Author: David S. Moore, George P. McCabe, Bruce A. Craig
Publisher: W. H. Freeman
expand_more
expand_more
format_list_bulleted
Question
Chapter 11.1, Problem 4UYK
Section 1:
To determine
To find: The missing values of the provided ANOVA table.
Section 2:
To determine
To find: The value of coefficient of
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
You may need to use the appropriate technology to answer this question.
The commercial division of a real estate firm is conducting a regression analysis of the relationship between x, annual gross rents (in thousands of dollars), and y, selling price (in thousands of dollars) for apartment buildings. Data were collected on several properties recently sold and the following computer output was obtained.
Analysis of Variance
SOURCE
DF
Adj SS
Regression
1
41587.3
Error
7
Total
8
51984.1
Predictor
Coef
SE Coef
T-Value
Constant
20.000
3.2213
6.21
X
7.210
1.3626
5.29
Regression Equation
Y = 20.0 + 7.21 X
(a)
How many apartment buildings were in the sample?
(b)
Write the estimated regression equation.
ŷ =
(c)
What is the value of
sb1?
(d)
Use the F statistic to test the significance of the relationship at a 0.05 level of significance.
State the null and alternative hypotheses.
H0: ?1 ≠ 0Ha: ?1 = 0H0: ?0 = 0Ha: ?0 ≠ 0 H0: ?0 ≠…
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) and family size (Size). House size is measured in meter square and income is measured in IDR millions. The builder randomly selected 50 families and ran the multiple regression. Partial Microsoft Excel output is provided below:
Regression Statistics
Multiple R
0.8479
R Square
0.7189
Adjusted R Square
0.7069
Standard Error
17.5571
Observations
50
ANOVA
df
SS
MS
F
Significance F
Regression
370443.3236
18521.662
0.0000
Residual
14487.7627
308.2503
Total
49
51531.0863
Coefficients
Standard Error
t Stat
P-value
Intercept
-5.5146
7.2273
-0.763
0.4493
Income
0.4262
0.0392
10.8668
0.0000
Size
5.5437
1.6949
3.2708
0.00020
a. What is the population model of this regression problem?b. What is the sample estimates of the regression problem?c. Which of the independent variables in the model are significant at the 5% level?…
Calculate the Regression table
Chapter 11 Solutions
Introduction to the Practice of Statistics: w/CrunchIt/EESEE Access Card
Ch. 11.1 - Prob. 1UYKCh. 11.1 - Prob. 2UYKCh. 11.1 - Prob. 3UYKCh. 11.1 - Prob. 4UYKCh. 11.1 - Prob. 6UYKCh. 11.1 - Prob. 5UYKCh. 11 - Prob. 9ECh. 11 - Prob. 10ECh. 11 - Prob. 7ECh. 11 - Prob. 8E
Ch. 11 - Prob. 11ECh. 11 - Prob. 12ECh. 11 - Prob. 13ECh. 11 - Prob. 19ECh. 11 - Prob. 14ECh. 11 - Prob. 18ECh. 11 - Prob. 17ECh. 11 - Prob. 20ECh. 11 - Prob. 21ECh. 11 - Prob. 22ECh. 11 - Prob. 23ECh. 11 - Prob. 24ECh. 11 - Prob. 25ECh. 11 - Prob. 26ECh. 11 - Prob. 27ECh. 11 - Prob. 28ECh. 11 - Prob. 29ECh. 11 - Prob. 30ECh. 11 - Prob. 31ECh. 11 - Prob. 32ECh. 11 - Prob. 33ECh. 11 - Prob. 34ECh. 11 - Prob. 35ECh. 11 - Prob. 36ECh. 11 - Prob. 37ECh. 11 - Prob. 38ECh. 11 - Prob. 39ECh. 11 - Prob. 40ECh. 11 - Prob. 41ECh. 11 - Prob. 42ECh. 11 - Prob. 43ECh. 11 - Prob. 44ECh. 11 - Prob. 45ECh. 11 - Prob. 46ECh. 11 - Prob. 47ECh. 11 - Prob. 48ECh. 11 - Prob. 49ECh. 11 - Prob. 50ECh. 11 - Prob. 51ECh. 11 - Prob. 52ECh. 11 - Prob. 53ECh. 11 - Prob. 54ECh. 11 - Prob. 55ECh. 11 - Prob. 56ECh. 11 - Prob. 57ECh. 11 - Prob. 58ECh. 11 - Prob. 59ECh. 11 - Prob. 60ECh. 11 - Prob. 61ECh. 11 - Prob. 62ECh. 11 - Prob. 15ECh. 11 - Prob. 16E
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Dex Research Limited conducted a research to investigate consumer characteristics that can be used topredict the amount charged by credit card users. The following multiple regression output is based on adata collected by this research company on annual income, household size and annual credit cardcharges for a sample if 50 consumers.Regression StatisticsMultiple R 0.9086R Square AAdjusted R Square 0.8181Standard Error 398.0910Observations B ANOVA df SS MS F Significance FRegression 2 D E G 1.50876E-18Residual C 7448393.148 FTotal 49 42699148.82 Coefficients Standard Error t Stat…arrow_forwardDoes more education lower a person’s level of prejudice? The number of years of education and the score on a prejudice test for ten people is given in the following table. Higher scores on the test indicate more prejudice. Years of Education: 12, 15, 14, 13, 18, 10, 16, 12, 10, 4Score of Prejudice Test: 1, 6, 2, 3, 2, 4, 1, 5, 5, 10 The regression equation is calculated to be y' = 10.5 - 0.532x. After conducting a hypothesis test, your decision is to reject the null hypothesis. Predict the value of y' when x=11. 10.5 4.645 1.945 0.749arrow_forwardABX Delivery provides the service across all the states in Australia. Marketing manager of this company wants to identify key factors that affect the time to unload a truck. A random sample of 50 deliveries was observed following data were reported. Time to unload a truck (in minutes), total number of cartons and the total weight (in hundreds of Kilograms). Following tables shows the regression output of the sample data set. SUMMARY OUTPUT Regression Statistics Multiple R 0.836420803 R Square 0.699599759 Adjusted R Square 0.68681677 Standard Error 8.823384264 Observations 50 ANOVA df SS MS F Significance F Regression 2 8521.530836 4260.765 54.72897 0.000000 Residual 47 3659.049164 77.85211 Total 49 12180.58 Coefficients Standard Error t Stat P-value Intercept -13.669 7.829028389 -1.74599 0.087346 Cartons 0.5172 0.067246763…arrow_forward
- ABX Delivery provides the service across all the states in Australia. Marketing manager of this company wants to identify key factors that affect the time to unload a truck. A random sample of 50 deliveries was observed following data were reported. Time to unload a truck (in minutes), total number of cartons and the total weight (in hundreds of Kilograms). Following tables shows the regression output of the sample data set. SUMMARY OUTPUT Regression Statistics Multiple R 0.836420803 R Square 0.699599759 Adjusted R Square 0.68681677 Standard Error 8.823384264 Observations 50 ANOVA df SS MS F Significance F Regression 2 8521.530836 4260.765 54.72897 0.000000 Residual 47 3659.049164 77.85211 Total 49 12180.58 Coefficients Standard Error t Stat P-value Intercept -13.669 7.829028389 -1.74599 0.087346 Cartons 0.5172 0.067246763…arrow_forwardMaxi= 68.91 + .6885Repsi *the ei is left off for simplicity The table below lists the actual data from which the regression above was estimated. For example, a student in the study who trained by doing 12 “60 pound reps” accomplished a maximum bench press amount of 76 pounds. Xi Yi 12 76 15 82 17 79 3 71 What is the value of the sample residual for the student who does 17 “60 pound reps? a) a. -.6885 pounds b) b. 79 pounds c) c. 8.95 pounds d) d. -1.61 poundsarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtCalculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Calculus For The Life Sciences
Calculus
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:Pearson Addison Wesley,
Introduction to experimental design and analysis of variance (ANOVA); Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=vSFo1MwLoxU;License: Standard YouTube License, CC-BY