Introductory Statistics (10th Edition)
10th Edition
ISBN: 9780321989178
Author: Neil A. Weiss
Publisher: PEARSON
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Question
Chapter 14.3, Problem 102E
a.
To determine
Compute three sum of squares SST, SSR and SSE using the formulas.
b.
To determine
Compute the coefficient of determination
c.
To determine
Determine the percentage of variation in the observed values of the response variable that is explained by the regression and interpret.
d.
To determine
State how useful the regression equation appears to be for making predictions.
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A researcher hypothesizes that in a certain country the net annual growth of private sector purchases of government bonds, B, is positively related to the nominal rate of interest on the bonds, NI, and negatively related to the rate of inflation Π:
Bt = a0 + a1NIt + a2Π t + ut
Note that it may be hypothesized that B depends on the real rate of interest on bonds, R, where R = NI – Π.
Using a sample of 56 annual observations, s/he estimates the following equations:
(1) Bt = 0.43 + 0.90NIt - 0.97Πt R21 = 0.962, SSR1 = 2.20, QRESET(F1,52) = 16.6
(3.58) (8.80) (-1.05)
(2) Bt = 0.44 + 0.94Rt R22 = 0.960, SSR2 = 2.22, QRESET(F1,53) = 0.9
(9.70) (16.7)
(3) Bt = 0.44 + 1.14NIt SSR3 = 9.20, QRESET(F1,53) = 59.9
(8.84) (36.1)
(4) NIt = 0.08 + 0.94Πt R24 = 0.997, SSR4 = 0.18, QRESET(F1,53) = 1.4…
A study was undertaken to determine whether there was a significant weight (in lb) loss after one year course of therapy for diabetes, and whether the amount of weight (in lb) loss was related to initial weight. The following table gives the initial weight (x) and weight after one year of therapy (y) for 16 newly diagnosed adult diabetic patients.
Consider the following data relating hours spent studying (X) and average grade on course quizzes (Y):
X Y
5 6
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Chapter 14 Solutions
Introductory Statistics (10th Edition)
Ch. 14.1 - Regarding linear equations with one independent...Ch. 14.1 - Prob. 2ECh. 14.1 - Consider the linear equation y = b0 + b1x. a....Ch. 14.1 - Prob. 4ECh. 14.1 - In Exercises 14.514.14, we give linear equations....Ch. 14.1 - Prob. 6ECh. 14.1 - In Exercises 14.5-14.14, we give linear equations....Ch. 14.1 - Prob. 8ECh. 14.1 - Prob. 9ECh. 14.1 - In Exercises 14.514.14, we give linear equations....
Ch. 14.1 - Prob. 11ECh. 14.1 - Prob. 12ECh. 14.1 - Prob. 13ECh. 14.1 - Prob. 14ECh. 14.1 - In Exercises 14.1514.22,we identify the...Ch. 14.1 - Prob. 16ECh. 14.1 - Prob. 17ECh. 14.1 - Prob. 18ECh. 14.1 - Prob. 19ECh. 14.1 - Prob. 20ECh. 14.1 - Prob. 21ECh. 14.1 - Prob. 22ECh. 14.1 - Rental-Car Costs. During one month, the Avis...Ch. 14.1 - Air-Conditioning Repairs. Richards Healing and...Ch. 14.1 - Measuring Temperature. The two most commonly used...Ch. 14.1 - A Law of Physics. A ball is thrown straight up in...Ch. 14.1 - Prob. 27ECh. 14.1 - Prob. 28ECh. 14.1 - Prob. 29ECh. 14.1 - Prob. 30ECh. 14.1 - Prob. 31ECh. 14.1 - Road Grade. The grade of a road is defined as the...Ch. 14.1 - Vertical Lines. 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