Estimated regression model

Reference no: EM1313545

1. The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X₁) and their gender (X₂) (0 if male and 1 if female).

= 30 + 0.7X₁ + 3X₂

Also provided are SST = 1,200 and SSE = 384. The multiple coefficient of determination is:

a. 0.32

b. 0.42

c. 0.68

d. 0.50

2. In a regression model involving 30 observations, the following estimated regression equation was obtained.

= 170 + 34X₁ - 3X₂ + 8X₃ + 58X₄ + 3X₅

For this model, SSR = 1,740 and SST = 2,000. The value of MSE is

a. 348

b. 10.40

c. 10.83

d. 32.13

3. In a regression model involving 30 observations, the following estimated regression equation was obtained.

= 170 + 34X₁ - 3X₂ + 8X₃ + 58X₄ + 3X₅

For this model, SSR = 1,740 and SST = 2,000. The coefficient of determination for this model is

a. 0.6923

b. 0.1494

c. 0.1300

d. 0.8700

Reference no: EM1313545

Questions Cloud

Disadvantages of using computer software for decision making : Write down the advantages and disadvantages of using computer software for decision making.

Who has a mass of 80 kg without the toolkit : To get back to the shuttle, the astronaut unstraps a 10-kg tool kit and throws it away with a speed of 8 m/s. In the script, the astronaut, who has a mass of 80 kg without the toolkit, survives, but is this accurate.

Explain decision making on the basis of the irr and npv : Explain decision making on the basis of the IRR and NPV criterion and Compute the net present value for each project if the firm has a 10% cost of capital. Which project should be adopted

Expalining the structure and function of cellular organelles : There are several examples of the eukaryotic cells. Algae, Fungi, Plants, and Animals are all composed of eukaryotic cells. Some algae and fungi are unicellular organisms.

Estimated regression model : The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X 1 ) and their gender (X 2 ) (0 if male and 1 if female).

What magnitude of force must the worker apply : An electric scooter has a battery capable of supplying 140 Wh of energy. If friction forces and other losses account for 60.0 percent of the energy usage, what altitude change can a rider achieve when driving in hilly terrain, if the rider and scoote..

Markets generic type of soft drink in a competitive market : You are the manager of a firm which produces also markets generic type of soft drink in a competitive market.

Calculating ho by using traditional-classical method : Compute mean x and standard deviation s of data above. Calculate Ho by using traditional/classical method.

Find the gravitational potential energy of the child : Two forces FA and FB are applied to an object whose mass is 5.43 kg. The larger force is FA. When both forces point due east, the object's acceleration has the magnitude of 1.40 m/s2. Though, as FA points due east and FB points due west, the accelera..

User Account

All Pages