Use a statistical software package to fit model to the data

Assignment Help Applied Statistics
Reference no: EM131403133

Removing oil from a water/oil mix. In the oil industry, water that mixes with crude oil during production and transportation must be removed. Chemists have found that the oil can be extracted from the water/oil mix electrically. Researchers at the University of Bergen (Norway) conducted a series of experiments to study the factors that influence the voltage (y) required to separate the water from the oil (Journal of Colloid and Interface Science, August 1995). The seven independent variables investigated in the study are listed in the table below. (Each variable was measured at two levels-a ''low'' level and a ''high'' level.) Sixteen water/oil mixtures were prepared using different combinations of the independent variables; then each emulsion was exposed to a high electric field. In addition, three mixtures were tested when all independent variables were set to 0. The data for all 19 experiments are also given in the table.

(a) Propose a first-order model for y as a function of all seven independent variables.

(b) Use a statistical software package to fit the model to the data in the table.

(c) Fully interpret the β estimates.

(d) Find and interpret s.

(e) Find and interpret R2.

(f) Conduct a test of overall model utility.

(g) Do you recommend using the model in practice? Explain.

Reference no: EM131403133

Questions Cloud

Define the poverty rate : Since the official poverty line was set at $3,000 in 1964, prices have risen by about a factor of 7. If the poverty line was adjusted only for inflation, what would it be now? How does that compare with the actual poverty line?
Discuss the perspective you could gain : Discuss the perspective you could gain, and what a "favorable price" and a "favorable quantity" variance mean in this application.
What is a marketing plan : What is a marketing plan? Why do companies prepare a marketing plan? Have you ever created or read about a marketing plan before?
What is expected outcome of planned learning experience : What is the expected outcome of the planned learning experience? Expressed as an outcome seen or measured in the learner - not the nurse
Use a statistical software package to fit model to the data : Propose a first-order model for y as a function of all seven independent variables.- Use a statistical software package to fit the model to the data in the table.
Different phases of international marketing : Companies may involve in different phases of international marketing. Choose a real company and discuss the company's involvement in international marketing. Also, examine conditions that affect the company's international move and suggest possibl..
Problem regarding the financial performance : Vaseline, the world's most famous -- and priciest -- brand of petroleum jelly, wants to improve its financial performance (i.e. revenue and profits) for its shareholders. It already enjoys 85% market share (the other 15% is owned among generic sto..
Write a first order model for heat rate : Write a first-order model for heat rate (y) as a function of speed, inlet temperature, exhaust temperature, cycle pressure ratio, and air flow rate.
What steps might it take to slow pace of capital formation : Suppose the government of some country decides that its businesses are investing too much. What steps might it take to slow the pace of capital formation?

Reviews

Write a Review

Applied Statistics Questions & Answers

  Confidence interval for the population mean

A random sample of 15 items is taken, producing a sample mean of 2.364 with a sample variance of 0.81. Assumexis normally distributed and construct a 90% confidence interval for the population mean.

  State your null and alternative hypothesis.

Wall Street securities firms paid out record year-end bonuses of $125,000 per employee. Suppose we take a sample at Goldman Sachs to see whether the year-end bonus is different from the population mean in Wall Street companies

  What are the mean earnings of males and females

What are the mean earnings of males and females in this sample? Does the regression result support the claim in the news and You decide to control for age (in years) in your regression results because older people, up to a point

  Car security system consists of five digits

The access code for a car's security system consists of Five digits. The first digit cannot be zero and the last digit must be odd. How many different codes are available?

  A major dvd rental chain is considering opening a new store

A major dvd rental chain is considering opening a new store in an area that currently does not have any such stores. The chain will open if there is evidence that more than 5,000 of the 20,000 households in the area are equipped with dvd playe..

  Vehicle speeds at a certain highway location

Vehicle speeds at a certain highway location are believed to be approximately normally distributed with a mean of 60 mph and standard deviation of 6 mph. For each of the following questions, fill in the blank with the appropriate speeds. Apply the Em..

  What is the probability that the sum of the two integers

What is the probability that the sum of the two integers will equal 9

  People call a suburban hospital''s health hotline

People call a suburban hospital's health hotline at the rate of eighteen per hour on Monday mornings; this can be described by Poisson distribution. Providing general information or channeling to other resources takes an average of three minutes per ..

  Give the null and alternate hypotheses

A survey of people in Iowa showed that 40 out of 400 prefer watching TV comedy shows. Another survey in Colorado showed that 90 out of 600 prefer watching TV comedy shows. At a 1% significance level, would it seem that the true proportions of p..

  Decision alternative good economy poor economy

Mickey Lawson is considering investing some money that he inherited. The following payoff table gives the profits that would be realized during the next year for each of three investment alternatives Mickey is considering:

  Wilco is a manufacturer in a mature cyclical industry

Wilco is a manufacturer in a mature cyclical industry. During the most recent industry cycle, its net income averaged $30 million per year with a standard deviation of $10 million (n=6 observations). Management claims that Wilco's performance during ..

  What is the distribution of the statistic x

1.if your data is a random sample of size n from the distribution N(4, 7), then what is the distribution of the statistic X(not Z or T)? Z?T?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd