A business analyst with AF Ferguson's research and advisory services performed a regression analysis on the relationship between the number of technology firms that failed and the number of technical people unemployed in Bangalore for the year 2019. Her results yielded the regression equation that=12.7+ .000114X.
Predictor |
Coefficient |
SE Coefficient |
T |
P-Value |
Constant |
12.726 |
8.115 |
1.57 |
.134 |
X1 |
.00011386 |
.00002896 |
3.93 |
.001 |
ANOVA |
|||||
Source |
df |
SS |
MS |
F |
P-Value |
Regression |
1 |
.001 |
|||
Residual Error |
12054 |
||||
Total |
19 |
22408 |
a) Fill in the missing values in the ANOVA table.
b) What is the sample size?
c) What is the standard error of the estimate?
d) What is the coefficient of determination?
e) What is the correlation coefficient?
f) Using a .05 significance level, test whether the model is significant (use the F-value and the P-value method)
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