Questions from Business Statistics


Q: In exercise 2, 10 observations were provided for a dependent variable

In exercise 2, 10 observations were provided for a dependent variable y and two independent variables x1 and x2; for these data SST = 15,182.9, and SSR = 14,052.2. a. Compute R2. b. Compute R2a. c. Do...

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Q: In exercise 3, the following estimated regression equation based on 30

In exercise 3, the following estimated regression equation based on 30 observations was presented. ŷ = 17.6 + 3.8 x1 - 2.3 x2 + 7.6 x3 + 2.7x4 The values of SST and SSR are 1805 and 1760, respective...

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Q: In exercise 4, the following estimated regression equation relating sales to

In exercise 4, the following estimated regression equation relating sales to inventory investment and advertising expenditures was given. ŷ = 25 + 10 x1 + 8x2 The data used to develop the model came...

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Q: In exercise 5, the owner of Showtime Movie Theaters, Inc

In exercise 5, the owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x1) and newspaper advertising (x2). T...

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Q: In exercise 6, data were given on the average number of

In exercise 6, data were given on the average number of passing yards per attempt (Yds/Att), the number of interceptions thrown per attempt (Int/Att), and the percentage of games won (Win%) for a rand...

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Q: Revisit exercise 9, where we develop an estimated regression equation that

Revisit exercise 9, where we develop an estimated regression equation that can be used to predict the selling price given the number of bathrooms, square footage, and number of bedrooms in the house....

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Q: In June 2014, Pew Research reported that in 16% of

In June 2014, Pew Research reported that in 16% of all homes with a stay-at-home parent, the father is the stay-at-home parent. An independent research firm has been charged with conducting a sample s...

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Q: Refer to exercise 10, where Major League Baseball (MLB)

Refer to exercise 10, where Major League Baseball (MLB) pitching statistics were reported for a random sample of 20 pitchers from the American League for one full season. a. In part (c) of exercise 1...

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Q: In exercise 1, the following estimated regression equation based on 10

In exercise 1, the following estimated regression equation based on 10 observations was presented. ŷ = 29.1270 + .5906x1 + .4980x2 Here SST = 6724.125, SSR = 6216.375, sb1 = .0813, and sb2 = .0567. a...

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Q: Consider the following data for a dependent variable y and two independent

Consider the following data for a dependent variable y and two independent variables, x1 and x2. a. Develop an estimated regression equation relating y to x1. Predict y if x1 = 47. b. Develop an est...

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