The mean square regression (msr) based problems

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What is the estimated regression equation?

What is the interpretation of the coefficient of X1?

What is the test statistic for whether β1 is significant (calculate)?

Is the parameter β1 significant at a 1% level (α=0.01)?

Is the parameter β2 significant at a 1% level (α=0.01)?

What is the mean square regression (MSR)?

If you were to do a Backward Elimination based on the p-value of the t-statistic and an alpha to remove of 0.05, would you remove any variable in the first step and if so which one?

Reference no: EM13806420

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