Consider the following partial computer output from a simple linear regression analysis from the data provided in the attached document.
What is the estimated y-intercept?
What is the estimated slope?
Write the equation of the regression line.
What is the predicted value of y when x = 1,000?
Calculate the correlation coefficient.
Write a sentence interpreting what R2 means given the independent and dependent variable.
1) What is the estimated y-intercept?
From the output table, we know that the estimated y-intercept is -28.13.
2) What is the estimated slope?
From the output table, we know that the estimated slope is 1.12.
3) ...
Solution Summary
This solution solves for the y-intercept, slope, correlation coefficient and independent and dependent variables based on partial computer output from a linear regression analysis.
... solution provides step by step method for the calculation of regression analysis. ... Consider the following partial computer output for a multiple regression model ...
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... Using the computer output you obtained to solve that ... 4000 4500 5000 5500 6000 Orders Regression Analysis Coefficients of Partial Determination. ...
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... 4. Consider the following partial computer output for a multiple regression model. ... Analysis of Variance Source DF SS Regression 2 2270.11 Error 26 3585.75 ...
... Download the software and install it on your computer and your work- station (if ... 2 Rp where is the squared partial corre-. ... Multiple Regression Analysis exercise. ...
