Question

Consider the following data for a dependent variable y and two independent variables,  x1 and x2. x1...

Consider the following data for a dependent variable y and two independent variables,  x1 and x2.

x1

x2

y
30 12 94
47 10 108
25 17 112
51 16 178
40 5 94
51 19 175
74 7 170
36 12 117
59 13 142
76 16 211

The estimated regression equation for these data isŷ = −18.37 + 2.01x1 + 4.74x2.

Here, SST = 15,182.9, SSR = 14,052.2, sb1 = 0.2471,  and  sb2 = 0.9484.

(A) Test for a significant relationship among x1, x2, and y. Use α = 0.05.

Find the value of the test statistic. (Round your answer to two decimal places.)

(b) Is β1  significant? Use α = 0.05.

Find the value of the test statistic. (Round your answer to two decimal places.)

(c) Is β2  significant? Use α = 0.05.

Find the value of the test statistic. (Round your answer to two decimal places.)

Homework Answers

Answer #1

a)

p=number of independent variables= 2
MSR =SSR/p = 7026.100
MSE=(SSE/(n-p-1))= 161.529
F test statistic =MSR/MSE= 43.50
p value = 0.0001             or p value <0.01

b)

t test statistic =coefficient/standard error = 8.13
p value = 0.0001             or p value <0.01

c)

t test statistic =coefficient/standard error = 5.00
p value = 0.0016             or p value <0.01
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