X (input) | Y (output) |
2 | 26.457 |
2.4 | 28.254 |
2.6 | 32.287 |
3.2 | 45.354 |
3.6 | 53.925 |
3.8 | 67.066 |
4.2 | 82.364 |
4.5 | 91.317 |
4.8 | 102.530 |
5.2 | 127.204 |
5.7 | 153.953 |
6.2 | 191.203 |
6.4 | 174.886 |
6.7 | 188.946 |
6.9 | 203.006 |
Consider the dataset between a quantitative input variable, ? and a quantitative response (output) variable, ?. Which of the following provides an optimal fit between them - a linear model, a complete quadratic model or a complete third order model? (Hint: You can use adjusted multiple coefficient of determination, ?? 2 to determine the optimal model.
Your answers below must be accompanied by appropriate computation in Excel)
?? 2 value for the linear model = ________________
?? 2 value for the quadratic model = ________________
?? 2 value for the third order model = ________________
Therefore, the optimal model is Linear, Quadratic or Third-order
Fitting a linear trendline through the data in Excel (right click on the graph -> Add trendline -> Linear -> Show R-squared value on chart), we get the following:
Now, fitting a quadratic model similarly in Excel, we get the following:
Finally, fitting a third order model, we get the following chart:
R-squared for:
Linear model: 09698
Quadratic model: 0.9863
Third order model: 0.9922
Hence, the third order model looks to be model (given it has highest R-squared, the input variable X explains the variability in output variable Y to the greatest extent in the third order model).
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