Consider the following partial computer output for a multiple regression model.
Predictor Coefficient Standard Deviation
Constant 41.225 6.380
X1 1.081 1.353
X2 -18.404 4.547
Analysis of Variance
Source DF SS
Regression 2 2270.11
Error 26 3585.75
Find Total Sum of Squares, Explained Variation, SSE, MSE, R-Squared, and Test the overall usefulness of the model at 1% level of significance calculating the F-Statistic.
Please show work.
The solution provides step by step method for the calculation of regression analysis. Formula for the calculation and interpretations of the results are also included.