- A measure of goodness of fit for the estimated regression equation is the multiple coefficient of determination.
- A measure of identifying the effect of an unusual x value on the regression results is called leverage
- A multiple regression model has the estimated form
= 10 – 11x + 15w – 4q
As x increases by 1 unit (holding w and q constant), y is expected to decrease by 11 units - A multiple regression model has the following estimated form:
= 4 – 6x + 8w
As x increases by 1 unit (holding w constant), y is expected to decrease by 6 units - A regression analysis involved 10 independent variables and 27 observations. The critical value of t for testing the significance of each of the independent variable’s coefficients will have 16 degrees of freedom
- A regression analysis involved 17 independent variables and 697 observations. The critical value of t for testing the significance of each of the independent variable’s coefficients will have 679 degrees of freedom
- A regression analysis involved 2 independent variables and 27 observations. The critical value of t for testing the significance of each of the independent variable’s coefficients will have _____ degrees of freedom. 24
- A regression analysis involved 5 independent variables and 99 observations. The critical value of t for testing the significance of each of the independent variable’s coefficients will have _____ degrees of freedom. 93
- A regression model between sales (y in $1000), unit price (x1 in dollars), and television advertisement (x2 in dollars) resulted in the following function:
= 7 – 4×1 + 5×2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The adjusted multiple coefficient of determination for this problem is .6647 - A regression model between sales (y in $1000), unit price (x1 in dollars), and television advertisement (x2 in dollars) resulted in the following function:
= 8 – 4×1 + 5×2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The coefficient of x2 indicates that if television advertisement is increased by $1 (holding the unit price constant), sales are expected to increase by $5,000 - A regression model between sales (y in $1000), unit price (x1 in dollars), and television advertisement (x2 in dollars) resulted in the following function:
= 8 – 4×1 + 5×2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The coefficient of the unit price indicates that if the unit price is increased by $1 (holding advertisement constant), sales are expected to decrease by $4000. - A regression model involved 5 independent variables and 136 observations. The critical value of t for testing the significance of each of the independent variable’s coefficients will have 130 degrees of freedom
- A regression model involving 4 independent variables and a sample of 15 observations resulted in the following sum of squares.
SSR = 165SSE = 60
The multiple coefficient of determination is .7333 - For a multiple regression model, SST = 1000 and SSR = 800. The multiple coefficient of determination is .8
- For a multiple regression model, SST = 200 and SSE = 60. The multiple coefficient of determination is 7
- If a categorical variable has k levels, the number of dummy variables required is k-1
- If an independent variable is added to a multiple regression model, the R2 value becomes larger even if the variable added is not statistically significant.
- In a multiple regression analysis involving 5 independent variables and 30 observations, SSR = 380 and SSE = 45. The multiple coefficient of determination is .89
- In a multiple regression analysis, SSR = 1000 and SSE = 200. The F statistic for this model is not enough information
- In a multiple regression analysis, SSR = 1000 and SSE = 200. The multiple coefficient of determination is .83
- In a multiple regression model involving 44 observations, the following estimated regression equation was obtained.
= 50+ 13×1 + 40×2 + 68×3
For this model, SSR = 600 and SSE = 300. MSR for this model is 200 - In a multiple regression model involving 44 observations, the following estimated regression equation was obtained.
= 50 + 13×1 + 40×2 + 68×3
For this model, SSR = 600 and SSE = 400. The computed F statistic for testing the significance of the above model is 20 - In a multiple regression model involving 44 observations, the following estimated regression equation was obtained:
= 30 + 18×1 + 43×2 + 87×3
What is bo? 30 - In a multiple regression model involving 50 observations, the following estimated regression equation was obtained:
= 20 + 5×1 – 4×2 + 8×3 + 8×4
For this model, SSR = 700 and SSE = 100. The multiple coefficient of determination for the above model is .875 - In a multiple regression model involving 50 observations, the following estimated regression equation was obtained:
= 20 + 5×1 – 4×2 + 8×3 + 8×4
For this model, SSR = 700 and SSE = 100. The computed F statistic for testing the significance of the above model is 78.75 - In a multiple regression model, the error term ε is assumed to can be normally distributed
- In a multiple regression model, the values of the error term ε are assumed to be independent of each other
- In logistic regression, the dependent variable only assumes two discrete values.
- In multiple regression analysis, the correlation among the independent variables is termed multicollinearity
- In order to test for the significance of a regression model involving 3 independent variables and 47 observations, the numerator and denominator degrees of freedom (respectively) for the critical value of F are 3 and 43
- In order to test for the significance of a regression model involving 5 independent variables and 36 observations, the numerator and denominator degrees of freedom (respectively) for the critical value of F are 5 and 30
- In order to test for the significance of a regression model involving 10 independent variables and 260 observations, the numerator and denominator degrees of freedom (respectively) for the critical value of F are 10 and 429
- The _______ of an observation is determined by how far the values of the independent variables are from their means. leverage
- The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female).
= 30 + 0.7×1 + 3×2
Also provided are SST = 1200 and SSE = 384. The yearly income (in $) expected of a 24-year-old female individual is $49,800 - The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female).
= 30 + 0.7×1 + 3×2
Also provided are SST = 1200 and SSE = 384. The test statistic for testing the significance of the model is 28.69 - The interpretation of the coefficient of x1 is that a one unit increase in x1 will lead to a 7.682 unit decrease in y when all other variables are held constant.
- The mathematical equation that explains how the dependent variable y is related to several independent variables x1, x2, …, xp and the error term ε is a(n) multiple regression model
- The numerical value of the coefficient of determination can be larger or smaller than the coefficient of correlation.
- The sum of squares due to error (SSE) equals 6308.9
- The test statistic used to determine if there is a relationship among the variables equals 5
- We want to test whether the parameter β1 is significant. The test statistic equals -2.9
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