Question

Consider the following sample regressions for the linear, the quadratic, and the cubic models along with...

Consider the following sample regressions for the linear, the quadratic, and the cubic models along with their respective R2 and adjusted R2.

Linear Quadratic Cubic
Intercept 9.31 9.64 9.70
x 2.56 2.65 1.76
x2 NA −0.30 −0.32
x3 NA NA 0.25
R2 0.782 0.806 0.864
Adjusted R2 0.780 0.803 0.863

a. Predict y for x = 1 and 5 with each of the estimated models. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)

Linear yˆ Quadratic yˆ Cubic yˆ
x = 1
x = 5

b. Select the most appropriate model.

  • Linear model

  • Quadratic model

  • Cubic model

Homework Answers

Answer #1

a). the predicted values of y be:-

x

linear

quadratic

cubic

1 11.87 11.99 11.39
5 22.11 15.39 41.75

b). the most appropriate model is :-

cubic model

[ because, the adjusted R2 for cubic model = 0.863 and R2 = 0.864.

which is greater than linear and quadratic model.

we know that the higher the value of R2 better is the model.

so, cubic model is the best ]

*** if you have any doubt regarding the problem please write it in the comment box.if you are satisfied please give me a LIKE if possible..

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