A student used multiple regression analysis to study how family spending (y) is influenced by income
(x1), family size (x2), and additionsto savings(x3). The variables y, x1, and x3 are measured in thousands
of dollars. The following results were obtained.
ANOVA
df SS
Regression 3 45.9634
Residual 11 2.6218
Total
Coefficients Standard Error
Intercept 0.0136
x1
0.7992 0.074
x2
0.2280 0.190
x3
-0.5796 0.920
a. Write out the estimated regression equation for the relationship between the variables. (1
mark)
b. Compute coefficient of determination. What can you say about the strength of this
relationship? (3 marks)
c. Carry out a test to determine whether y is significantly related to the independent variables.
Use a 5% level of significance. (3 marks)
d. Carry out a test to see if x3 and y are significantly related. Use a 5% level of significance.
Answers
Answer:
Step-by-step explanation:
Hello!
Given the variables
Y: family spending
X₁: income of a family
X₂: family size
X₃: additions to savings of a family
And the regression output (see attachment)
The population model is Y= α + β₁X₁ + β₂X₂ + β₃X₃
a)
To write the estimated regression equation of the relationship between the variables you have to use the information given in the regression output. Under the column "coefficients", the value that corresponds to "intercept" is the estimation of the y-intercept (a), the value under X₁ corresponds to the estimation for the slop for the variable "income of the family" (b₁), under X₂ is the estimation of the slope for the variable "family size" (b₂) and under X₃ is the estimation for the slope corresponding to the variable "additions to savings" (b₃)
The estimated regression equation is:
^Y= a + b₁X₁ + b₂X₂ + b₃X₃
^Y= 0.0136 + 0.7992X₁ + 0.2280X₂ -0.5796X₃
b)
Using the SS information you can calculate the coefficient of determination as:
SStotal= SSReg+SSError= 45.9634+2.6218= 48.5852
[tex]R^2= \frac{SS_{Reg}}{SS_{Total}} = \frac{45.9634}{(48.5852)} = 0.946[/tex]
R²= 94.6%
This means that 94.6% of the variability of the average family spending is explained jointly by the family income, the family size and the addition to saving under the estimated model ^Y= 0.0136 + 0.7992X₁ + 0.2280X₂ -0.5796X₃
c)
The hypotheses are:
H₀: β₁= β₂= β₃= 0
H₁: At least one βi≠0 ∀ i=1, 2, 3
α: 0.05
The statistic for the multiple regression is
[tex]F=\frac{MS_{Reg}}{MS_{Error}} ~~F_{Df_{Reg};Df_{Error}}[/tex]
[tex]MS_{Reg}= \frac{SS_{reg}}{Df_{Reg}}= \frac{45.9634}{3} = 15.32[/tex]
[tex]MS_{Error}= \frac{SS_{Error}}{Df_{Error}} = \frac{2.6218}{11} = 0.238[/tex]
[tex]F_{H_0}= \frac{MS_{Reg}}{MS_{Error}}= \frac{15.32}{0.238}= 64.37[/tex]
p-value < .00001
At a 5% significance level, there is enough evidence to reject the null hypothesis. This means that the family income, family size and the addition to savings modify jointly the average spending of families.
d.
Individual tests:
There are two possible statistics to test the significance of each independent variable: [tex]t= \frac{b_i-\beta_i }{S_{b_i}} ~~t_{n-3}[/tex] ∀ i= 1, 2, 3, or [tex]F=\frac{MS_{X_i}}{MS_{Error}} ~F_{Df_{X_i}; Df_{Error\\}}[/tex]
Since the output doesn't give us the information of the individual ANOVA, you have to use the t-test (Df: n-3= 12-3= 9) for these hypotheses. Using the p-value approach. the decision rule for the three hypothesis will be:
If p-value ≤ α ⇒ Reject null hypothesis.
If p-value > α ⇒ Do not reject the null hypothesis.
1)
H₀: β₁ = 0
H₁: β₁ ≠ 0
α: 0.05
[tex]t_{H_0}= \frac{b_1-\beta_1 }{Sb_1}= \frac{0.7992-0}{0.074}= 10.8[/tex]
p-value < .00001 ⇒ Decision is to reject the null hypothesis.
2)
H₀: β₂ = 0
H₁: β₂ ≠ 0
α: 0.05
[tex]t_{H_0}= \frac{b_2-\beta_2 }{Sb_2}= \frac{0.2280-0}{0.190}= 1.2[/tex]
p-value: 0.260773 ⇒ The decision is to not reject the null hypothesis.
3)
H₀: β₃ = 0
H₁: β₃ ≠ 0
α: 0.05
[tex]t_{H_0}= \frac{b_3-\beta_3 }{Sb_3}= \frac{-0.5796-0}{0.920}= -0.63[/tex]
p-value: 0.544355 ⇒ The decision is to not reject the null hypothesis.
So, at a 5% significance level, it seems that the three independent variables influence jointly the variation on the average spending of the families, but looking at them separately, only the income of the families seems to affect their spending habits significantly while the family size or their addition to savings don't seem to have major effect over their spending habits.
I hope this helps!
Related Questions
Find the distance between the pair of points: (9,−3) and (0,−10).
Answers
Answer:
√130 is the distance between (9,-3) (0,-10)
Please help! Correct answer only, please! Consider the following table. A movie theatre is planning to increase each of their various ticket prices by $2. Which informational matrix operation below would correctly increase of their prices ticket prices by $2? A. B. C. D.
Answers
Answer: D
Step-by-step explanation:
In order to increase each ticket by $2, you are ADDING 2 to each value.
So you create a matrix of all 2's and add that to the given matrix.
[tex]\left[\begin{array}{cc}2&2\\2&2\\2&2\end{array}\right] +\left[\begin{array}{cc}8&10\\12&16\\6&8\end{array}\right]\quad =\quad \large \left[\begin{array}{cc}10&12\\14&18\\8&10\end{array}\right][/tex]
Answer:
Unit 8 test answers
Step-by-step explanation:
1: a.)3x4
2:b.)
3:a.)
4:b.)
5:c.) matrix CD would have the dimensions 7x7
6: a.)
7:67
8:c.)
9:b.) Scott sold 1 van
10:d.)
My son and I are stuck on this one. Can anyone give some insight to this problem? Thank you.
Answers
Answer:
I made is clear for you, now you may match each one
Step-by-step explanation:
f(1)= 11, f(n)= 3*f(n-1)
11*3= 33, 33*3= 99, 99*3= 297, ...11, 33, 99, 297...⊕ middle
f(1)= -18, f(n)= f(n-1)+21
-18+21= 3, 3+21= 24, 24+21= 45, ...-18, 3, 24, 45, ...f(1)= -18, f(n)= f(n-1) + 22
-18+22= 4, 4+22= 26, 26+22= 48, ...-18, 4, 26, 48, ...f(1)= -18, f(n)= 2*f(n-1)
-18*2= -36, -36*2= -72, -72*2= -144, ...- 18, -36, -72, -144...⊕ bottom
f(1)= -18, f(n)= 6*f(n-1)
-18*6= -108, -108*6= -648, -648*6= -3888, ...- 18, - 108, - 648, -3888, ...⊕ top
f(1)= 11, f(n)= f(n-1) + 22
11+22= 33, 33+22= 55, 55+22= 77, ...11, 33, 55, 77, ...Ben scores 56 out of 79 marks in a maths test.
what is his score as a percentage to one decimal place
Answers
56 divided by 79= 0.708
0.708x100=70.8
ASAP! GIVING BRAINLIEST! Please read the question THEN answer CORRECTLY! NO guessing. I say no guessing because people usually guess on my questions.
Answers
Answer:
B. (f - g)(x) = -3x² - x - 4
Step-by-step explanation:
→Set it up like so:
(-4x² - 6x - 1) - (-x² - 5x + 3)
→Distribute the -1 to (-x² - 5x + 3):
-4x² - 6x - 1 + x² + 5x - 3
→Add like terms (-4x² and x², -6x and 5x, -1 and -3):
-3x² - x - 4
how many legs totally do five horses, two people,three children and five dogs have
Answers
50 legs
EXPLANATION:-
Horses have 4 legs
There are 5 horses = 4*5 = 20 legs
Humans have 2 legs
There are 2 people = 2*2 =4 legs
There are 3 children = 2*3 = 6 legs
Dogs have 4 legs
There are 5 dogs = 4*5 = 20 legs
Therefore 20 + 4 + 6 + 20 = 50 legs
HOPE IT HELPS !!!!!!!!!!!!!!!!
MARK ME THE BRAINLIEST !!!!!!!!!!!!!!!!!!
The relationship between the number of pencil sharpener a company can sell each week and the price of each sharpener p is given by the equation x = 2300 − 100 p At what price should the sharpeners be sold if the weekly revenue is to be $ 12000
Answers
Answer:
The price p could be any of $8 or $15 .
Step-by-step explanation:
The equation is a relationship between the numbers of pencil sharpener x can sell each week and the price of each sharpener p.
x = 2300 - 100p
xp = 12000
therefore,
x = 12000/p
insert the value of x in the equation
x = 2300 - 100p
12000/p = 2300 - 100p
12000/p + 100p - 2300 = 0
multiply through by p
12000 + 100p² - 2300p = 0
100p² - 2300p + 12000 = 0
divide through by 100
p² - 23 + 120 = 0
Find the number that we can multiply to give 120 and add to give - 23. The number are -15 and - 8.
p² - 8p - 15p + 120 = 0
p(p - 8) - 15(p - 8) = 0
(p - 8)(p - 15)
p = 8 or 15
x = 2300 - 100p
x = 2300 - 100(8)
x = 2300 - 800
x = 1500 pencil sharpener sold
or
x = 2300 - 100(15)
x = 2300 - 1500
x = 800 pencil sharpener sold
The price could be any of $8 or $15 .
what is the solution for this equation [3y+7]=13
Answers
Answer:2
Step-by-step explanation:
3y+ 7= 13
3y= 13 - 7
3y= 6
Y = 6/3
Y= 2
The equation 9(u – 2) + 1.5u = 8.25 models the total miles Michael traveled one afternoon while sledding, where u equals the number of hours walking up a hill and (u – 2) equals the number of hours sledding down the hill. Which is the value of u?
Answers
Answer:
2.5
Step-by-step explanation:
[tex]9(u-2)+1.5u=8.25 \\\\9u-18+1.5u=8.25\\\\10.5u-18=8.25\\\\10.5u=26.25\\\\u=2.5[/tex]
Hope this helps!
Submit A political scientist wants to conduct a research study on a president's approval rating. The researcher has obtained data that states that 45% of citizens are in favor of the president. The researcher wants to determine the probability that 6 out of the next 8 individuals in his community are in favor of the president. What is the binomial coefficient of this study? Write the answer as a number, like this: 42.
Answers
Answer: 28
Step-by-step explanation: Im taking the same class here is a photo of the work, divide 56/2 than you get 28
A large software company gives job applicants a test of programming ability and the mean for that test has been 160 in the past. Twenty-five job applicants are randomly selected from a large university and they produce a mean score of 183 with a standard deviation of 12. Use a 0.05 level of significance to test whether the mean score for students from this university is greater than 160. use the P-value method of testing hypotheses.
Answers
Answer:
[tex]t=\frac{183-160}{\frac{12}{\sqrt{25}}}=9.58[/tex]
The degrees of freedom are given by:
[tex]df=n-1=25-1=24[/tex]
And the p value would be:
[tex]p_v =P(t_{(24)}>9.58)\approx 0[/tex]
Since the p value is very low at any significance level we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly higher than 160
Step-by-step explanation:
Information provided
[tex]\bar X=183[/tex] represent the sample mean
[tex]s=12[/tex] represent the sample standard deviation
[tex]n=25[/tex] sample size
[tex]\mu_o =160[/tex] represent the value to test
[tex]\alpha=0.05[/tex] represent the significance level
t would represent the statistic
[tex]p_v[/tex] represent the p value
Hypothesis to test
We want to verify if the true mean is greater than 160, the system of hypothesis would be:
Null hypothesis:[tex]\mu \leq 160[/tex]
Alternative hypothesis:[tex]\mu > 160[/tex]
The statistic is given by:
[tex]t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}[/tex] (1)
Replacing the info we got:
[tex]t=\frac{183-160}{\frac{12}{\sqrt{25}}}=9.58[/tex]
The degrees of freedom are given by:
[tex]df=n-1=25-1=24[/tex]
And the p value would be:
[tex]p_v =P(t_{(24)}>9.58)\approx 0[/tex]
Since the p value is very low at any significance level we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly higher than 160
Among 21- to 25-year-olds, 29% say they have driven while under the influence of alcohol. Suppose that three 21- to 25-year-olds are selected at random. a)What is the probability that all three have driven while under the influence of alcohol
Answers
Answer:
P(3) = 0.0244
P(3) = 2.44%
the probability that all three selected have driven while under the influence of alcohol is 2.44% or 0.0244
Step-by-step explanation:
Given;
The probability that they have driven while under the influence of alcohol is;
P = 29% = 0.29
the probability that all three selected have driven while under the influence of alcohol is;
P(3) = P × P × P
P(3) = 0.29 × 0.29 × 0.29
P(3) = 0.024389
P(3) = 0.0244
P(3) = 2.44%
the probability that all three selected have driven while under the influence of alcohol is 2.44% or 0.0244
What is (-2)+(-5) on a number line explained
Answers
Answer:
(-2)+(-5) = -7
Step-by-step explanation:
-2 + -5 = -7
but negative PLUS a negative equals a negative so the answer is going to be a negative, and just to keep in mind in the future that a negative PLUS a negative will give us a negative and negative TIMES a negative gives us a positive, and a positive PLUS a positive gives us a positive and a positive TIMES a positive gives us a positive and Negative times a positive equals a negative and negative PLUS a positive find the sum take the absolute value of each integer and then subtract the values.
The answer is -7 hope this helped! :)
Answer:
-7
Step-by-step explanation:
they add upp because they both negative
at a coffee shop, the first 100 customers’ orders were as follows
Answers
Answer:
81%
Step-by-step explanation:
22+5=27
22/27
How can sums and differences of cubes be identified for factoring?
Answers
Answer:
Step-by-step explanation:
The sum of two perfect cubes breaks down into two factors, the first is the sum of their cube roots, and the second is made up of the square of the first root minus the product of both roots plus the square of the second root.
The difference of two perfect cubes is decomposed into two factors, the first is the difference of their cube roots, and the second is made up of the square of the first root plus the product of both roots plus the square of the second root.
3
Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.
The product of (3 + 2) and a complex number is (17 + 71).
The complex number is
Answers
Answer:
5-i
Step-by-step explanation:
Product=multiplication
Let the complex number=x
(3+2i)*x=17+7i
x=17+7i / 3+2i
x=(17-7i)*(3-2i)/(3+2i)*(3+2i)
=51-34i+21i+14i^2 / 9+6i+6i+4i^2
=51+13i+14i^2 / 9+12i+4i^2
= (51+14 - 13i) / 13
= (65 -13i) / 13
= 65 / 13 - 13 i / 13
= 5 - i.
Solve for n.
11(n – 1) + 35 = 3n
n = –6
n = –3
n = 3
n = 6
Answers
11n+24=3n
11n-3n=-24
8n=-24
n=-24/8
n=-3
Answer:
[tex]n = - 3[/tex]
Second answer is correct
Step-by-step explanation:
[tex]11(n - 1) + 35 = 3n \\ 11n - 11 + 35 = 3n \\ 11n - 3n = 11 - 35 \\ 8n = - 24 \\ \frac{8n}{8} = \frac{ - 24}{8} \\ n = - 3[/tex]
hope this helps
brainliest appreciated
good luck! have a nice day!
someone answer this
Answers
Answer:
16
Step-by-step explanation:
The right triangle shown is a 30:60:90 triangle.
30:60:90 right triangles have a 1:sqrt(3):2 ratio between their sides.
Since the side opposite from the 30 degree is 8, and x is opposite from the 90 degree angle, 8 and x have a 1:2 ratio, or 8:16.
If 9: x= x-4, then x=
0 36
18
0 24
6
Answers
Answer:
2±√13
Step-by-step explanation:
9/x=x-4
x² -4x - 9=0
x² -4x +4- 13=0
(x -2)²=13
x-2= ±√13
x= 2±√13
Type your answers into the boxes.
There are 36 students in a class. The pie chart shows the colour of their hair.
Students' Hair Colours
40°
Red
Blonde
Dark
240°
How many students have blonde hair?
How many students have dark hair?
How many students have red hair?
Answers
Answer:
(a)24
(b)8
(c)4
Step-by-step explanation:
Number of STudents in the Class = 36
Angle representing Students with Red Hair =40 degrees
Angle representing Students with Blonde Hair =240 degrees
Therefore:
(a)Number of Students with Blonde Hair
[tex]=\dfrac{240^\circ}{360^\circ} \times 36\\\\ =24$ students[/tex]
(b)Number of Students with Dark Hair
Angle representing students with dark hair = 360-(240+40)=80 degrees
Therefore:
Number of Students with Dark Hair
[tex]=\dfrac{80^\circ}{360^\circ} \times 36\\\\ =8$ students[/tex]
(c)Number of Students with Blonde Hair
[tex]=\dfrac{40^\circ}{360^\circ} \times 36\\\\ =4$ students[/tex]
There are 8 students that have blond hair
There are 24 students that have dark hair
There are 4 students that have red hair
Please find attached the pie chart used in answering this question
A pie chart is a graph that displays information in a circle. The circle is divided into slices which represent a numerical proportion. The sum of angles in a pie chart is 360 degrees
To determine the number of students with a type of hair, use this formula :
(degree of the slice that represents the hair type / 360) x total number of students in the class
Degree of the slice that represents blond hair = 360 - (240 + 40) = 80
Students that have blonde hair = [tex]\frac{80}{360}[/tex] x 36 = 8
Students that have dark hair = [tex]\frac{240}{360}[/tex] x 36 = 24
Students that have red hair = [tex]\frac{40}{360}[/tex] x 36 = 4
To learn more about pie charts, please check : https://brainly.com/question/11433309?referrer=searchResults
Daniel deposits $300 into an account that earns 16% interest annually. Which equation can be used to model his account balance, y, after x years?
Answers
Answer:
[tex]y=300(1+0.16)^x[/tex]
Step-by-step explanation:
This account can be modeled using the compound interest formula.the compound interest formula is expressed as[tex]A= P(1+r )^t[/tex]
Where
A =final amount = y
P=initial principal balance = $300
r=interest rate = 16%= 0.16
t=number of time periods elapsed= x
Hence the equation to model his account balance/ final amount A (y) after time (x) years is
[tex]y=300(1+0.16)^x[/tex]
What is the measure of angle L in parallelogrami LMNO?
20°
30°
40°
50°
Answers
Answer:
40°
Step-by-step explanation:
2x = 3x - 20 add like terms
x = 20 and angle l is equal to 3x minus 20 so 3 × 20 - 20 = 40°
There are 20 pieces of fruit in a bowl and 5 of them are apples. What percent of the fruit are apples?
Answers
Step-by-step explanation:
20fruits=100%
5fruits=?
5x100/20 5fruitsx5%
=24%
The following crosstabulation summarizes the data for two categorical variables, x and y. The variable x can take on values low, medium, or high and the variable y can take on values yes or no.
Y
X Yes No Total
Low 20 10 30
Medium 15 35 50
High 20 5 25
Total 55 50 105
1. Compute the row percentage
2. Construct a sketch percentage of frequency bar chat with x on horozontal axis.
Answers
Answer:
Step-by-step explanation:
From the given data:
The row percentage can be determined by: taking each box in each row and by dividing it with its total on that line, after that we will multiply it by 100 to get the result of it's equivalent percentage.
Table reconstruct the table from the question ; we have:
y
x Yes No Total
Low 20 10 30
Medium 15 35 50
High 20 5 25
Total 55 50 105
For Low; the total on the row is 30 ;
so for Yes: we have 20/30 × 100 = 66.7
for No ; we have 10/30 × 100 = 33.3
For Medium ; the total on the row is 50 ;
so for Yes: we have 15/50 × 100 = 30
for No ; we have 35/50 × 100 = 70
For High ; the total on the row is 25;
so for Yes: we have 20/25 × 100 = 80
for No ; we have 5/25 × 100 = 20
y
x Yes No Total
Low 66.7 33.3 100
Medium 30 70 100
High 80 20 100
b. The construction of a sketch percentage of the frequency bar chat with x on horizontal axis is shown in the attached file below.
I need help with this one
Answers
Answer:
-12
Step-by-step explanation:
which of the points shown below are on the line given by the equation y=3x?check all that apply.
Point A: (1,3)
Point B: (3,1)
Point C: (3,-1)
Point D: (-1,-3)
Answers
Answer:
Point A: (1,3)Point D: (-1,-3)Step-by-step explanation:
The value of y in the (x, y) pair must be 3 times the value of x if the point is to be on the line. That is the case for points A, D.
Analyze the diagram below and answer the question that follows.
Answers
(TEKS 2A.) EF has midpoint M (6,2) and F (12,-6). What is the coordinates of the endpoint E.
A (2,8)
C (0, 10)
B (18,-2)
D (18,-14)
Answers
Answer:
C (0, 10)
Step-by-step explanation:
The point E is (x,y)
The point F is (12,-6).
The midpoint between E and F is M(6,2).
Midpoint
Is the mean between the points of E and F.
x
[tex]\frac{x + 12}{2} = 6[/tex]
[tex]x + 12 = 12[/tex]
[tex]x = 0[/tex]
y
[tex]\frac{y - 6}{2} = 2[/tex]
[tex]y - 6 = 4[/tex]
[tex]y = 10[/tex]
So E(0, 10), which means that the correct answer is C.
Which is required for sexual reproduction?
Answers
Answer:
2 parents are required
Step-by-step explanation:
Answer:
semen.............
3. In 28 days, a person saved $42. What was this person's
average daily savings?
Answers
Answer:
The average would be 42 / 28 = $1.50 / day.
Answer:
$1.50 per day
Step-by-step explanation:
Take the dollar amount and divide by the number of days
42 dollars / 28 days
1.50 dollars per day
$1.50 per day