Essentials Of Statistics For Business & Economics
Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 15.5, Problem 20E

Refer to the data presented in exercise 2. The estimated regression equation for these data is

y ^ = 18.37 + 2.01 x 1 + 4.74 x 2

Here SST = 15,182.9, SSR = 14,052.2, s b 1 = .2471 , and s b 2 = .9484 .

  1. a. Test for a significant relationship among x1, x2, and y. Use α = .05.
  2. b. Is β1 significant? Use α = .05.
  3. c. Is β2 significant? Use α = .05.
    1. 1. Consider the following data for a dependent variable y and two independent variables, x1 and x2.

Chapter 15.5, Problem 20E, Refer to the data presented in exercise 2. The estimated regression equation for these data is

Here

  1. a. Develop an estimated regression equation relating y to x1. Predict y if x1 = 47.
  2. b. Develop an estimated regression equation relating y to x2. Predict y if x2 = 10.
  3. c. Develop an estimated regression equation relating y to x1 and x2. Predict y if x1 = 47 and x2 = 10.
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I just need to know why this is wrong below: What is the test statistic W? W=5 (incorrect) and  What is the p-value of this test? (p-value < 0.001-- incorrect)   Use the Wilcoxon signed rank test to test the hypothesis that the median number of pages in the statistics books in the library from which the sample was taken is 400. A sample of 12 statistics books have the following numbers of pages pages 127 217 486 132 397 297 396 327 292 256 358 272 What is the sum of the negative ranks (W-)? 75 What is the sum of the positive ranks (W+)? 5What type of test is this?     two tailedWhat is the test statistic W? 5 These are the critical values for a 1-tailed Wilcoxon Signed Rank test for n=12 Alpha Level 0.001 0.005 0.01 0.025 0.05 0.1 0.2 Critical Value 75 70 68 64 60 56 50 What is the p-value for this test?         p-value < 0.001

Chapter 15 Solutions

Essentials Of Statistics For Business & Economics

Ch. 15.3 - In exercise 1, the following estimated regression...Ch. 15.3 - In exercise 2, 10 observations were provided for a...Ch. 15.3 - 13. In exercise 3, the following estimated...Ch. 15.3 - In exercise 4, the following estimated regression...Ch. 15.3 - Prob. 15ECh. 15.3 - 16. In exercise 6, data were given on the average...Ch. 15.3 - Quality of Fit in Predicting House Prices. Revisit...Ch. 15.3 - R2 in Predicting Baseball Pitcher Performance....Ch. 15.5 - In exercise 1, the following estimated regression...Ch. 15.5 - Refer to the data presented in exercise 2. The...Ch. 15.5 - The following estimated regression equation was...Ch. 15.5 - Testing Significance in Shoe Sales Prediction. In...Ch. 15.5 - Testing Significance in Theater Revenue. Refer to...Ch. 15.5 - Testing Significance in Predicting NFL Wins. The...Ch. 15.5 - Auto Resale Value. The Honda Accord was named the...Ch. 15.5 - Testing Significance in Baseball Pitcher...Ch. 15.6 - In exercise 1, the following estimated regression...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - 34. Management proposed the following regression...Ch. 15.7 - Repair Time. Refer to the Johnson Filtration...Ch. 15.7 - Extending Model for Repair Time. This problem is...Ch. 15.7 - Pricing Refrigerators. Best Buy, a nationwide...Ch. 15.9 - In Table 15.12 we provided estimates of the...Ch. 15 - 49. The admissions officer for Clearwater College...Ch. 15 - 50. The personnel director for Electronics...Ch. 15 - A partial computer output from a regression...Ch. 15 - Analyzing College Grade Point Average. Recall that...Ch. 15 - Analyzing Job Satisfaction. Recall that in...Ch. 15 - Analyzing Repeat Purchases. The Tire Rack,...Ch. 15 - Zoo Attendance. The Cincinnati Zoo and Botanical...Ch. 15 - Mutual Fund Returns. A portion of a data set...Ch. 15 - Gift Card Sales. For the holiday season of 2017,...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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