Interpretation of Regression Results
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12.49 In the following regression, X = monthly maintenance spending (dollars), Y = monthly machine downtime (hours), and n = 15 copy machines.
(a) Write the fitted regression equation.
(b) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at α = .05. (c) What is your conclusion about the slope?
(d) Interpret the 95 percent confidence limits for the slope.
(e) Verify that F = t2 for the slope.
(f) In your own words, describe the fit of this regression.
Attached is Appendix D for the problem
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Solution Summary
In this problem the output of a regression analysis is given. The solution provides proper interpretation of the results.
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