Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 15, Problem 50SE
The Department of Energy and the U.S. Environmental Protection Agency provides fuel efficiency data for cars and trucks. The DATAfile named FuelEcon provides a portion of the data for 309 cars. The column labeled Manufacturer shows the name of the company that manufactured the car; the column labeled Displacement shows the engine’s displacement in liters; the column labeled Fuel shows the required or recommended type of fuel (regular or premium gasoline); the column labeled Drive identifies the type of drive (F for front wheel, R for rear wheel, and A for all wheel); and the column labeled Hwy MPG shows the fuel efficiency rating for highway driving in terms of miles per gallon.
- a. Develop an estimated regression equation that can be used to predict the fuel efficiency for highway driving given the engine’s displacement. Test for significance using α = .05.
- b. Consider the addition of the dummy variable FuelPremium, where the value of FuelPremium is 1 if the required or recommended type of fuel is premium gasoline and 0 if the type of fuel is regular gasoline. Develop the estimated regression equation that can be used to predict the fuel efficiency for highway driving given the engine’s displacement and the dummy variable FuelPremium.
- c. Use α = .05 to determine whether the dummy variable added in part (b) is significant.
- d. Consider the addition of the dummy variables FrontWheel and RearWheel. The value of FrontWheel is 1 if the car has front wheel drive and 0 otherwise; the value of RearWheel is 1 if the car has rear wheel drive and 0 otherwise. Thus, for a car that has all-wheel drive, the value of FrontWheel and the value of RearWheel is 0. Develop the estimated regression equation that can be used to predict the fuel efficiency for highway driving given the engine’s displacement, the dummy variable FuelPremium, and the dummy variables FrontWheel and RearWheel.
- e. For the estimated regression equation developed in part (d), test for overall significance and individual significance using α = .05.
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Chapter 15 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Ch. 15.2 - 1. The estimated regression equation for a model...Ch. 15.2 - Consider the following data for a dependent...Ch. 15.2 - Prob. 3ECh. 15.2 - 4. A shoe store developed the following estimated...Ch. 15.2 - The owner of Showtime Movie Theaters, Inc. would...Ch. 15.2 - NFL Winning Percentage. The National Football...Ch. 15.2 - Prob. 7ECh. 15.2 - Scoring Cruise Ships. The Condé Nast Traveler Gold...Ch. 15.2 - The Professional Golfers Association (PGA)...Ch. 15.2 - Baseball Pitcher Performance. Major League...
Ch. 15.3 - 11. In exercise 1, the following estimated...Ch. 15.3 - 12. In exercise 2, 10 observations were provided...Ch. 15.3 - Prob. 13ECh. 15.3 - Prob. 14ECh. 15.3 - 15. In exercise 5, the owner of Showtime Movie...Ch. 15.3 - Prob. 16ECh. 15.3 - In part (d) of exercise 9, data contained in the...Ch. 15.3 - Prob. 18ECh. 15.5 - In exercise 1, the following estimated regression...Ch. 15.5 - Prob. 20ECh. 15.5 - Prob. 21ECh. 15.5 - Prob. 22ECh. 15.5 - Testing Significance in Theater Revenue. Refer to...Ch. 15.5 - Testing Significance in Predicting NFL Wins. The...Ch. 15.5 - The Condé Nast Traveler Gold List provides ratings...Ch. 15.5 - Prob. 26ECh. 15.6 - Prob. 27ECh. 15.7 - 32. Consider a regression study involving a...Ch. 15.7 - Prob. 33ECh. 15.7 - 34. Management proposed the following regression...Ch. 15.7 - Repair Time. Refer to the Johnson Filtration...Ch. 15.7 - Prob. 36ECh. 15.7 - Prob. 37ECh. 15.8 - Prob. 40ECh. 15.8 - Exercise 5 gave the following data on weekly gross...Ch. 15.8 - The following table reports the price, horsepower,...Ch. 15 - 49. The admissions officer for Clearwater College...Ch. 15 - The personnel director for Electronics Associates...Ch. 15 - Prob. 46SECh. 15 - Recall that in exercise 44, the admissions officer...Ch. 15 - Recall that in exercise 45 the personnel director...Ch. 15 - Fortune magazine publishes an annual list of the...Ch. 15 - The Department of Energy and the U.S....Ch. 15 - The Tire Rack, an online distributor of tires and...Ch. 15 - The National Basketball Association (NBA) records...Ch. 15 - Consumer Research, Inc., is an independent agency...Ch. 15 - Matt Kenseth won the 2012 Daytona 500, the most...Ch. 15 - When trying to decide what car to buy, real value...
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