Exam 17: Multiple Regression

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Consider the following statistics of a multiple regression model: Total variation in y = 1000, SSE = 300, n = 50, and k = 4. a. Determine the standard error of estimate. b. Determine the coefficient of determination. c. Determine the F-statistic.

(Essay)
4.9/5
(42)

If the value of the Durbin-Watson statistic d is large (d > 2), this indicates a(n) ____________________ (positive/negative) first-order autocorrelation exists.

(Short Answer)
4.9/5
(28)

The range of the values of the Durbin-Watson statistic, d, is 0 \le d \le 4.

(True/False)
4.8/5
(41)

From the coefficient of determination, we cannot detect the strength of the relationship between the dependent variable y and any individual independent variable.

(True/False)
4.8/5
(42)

Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT  Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the following values for the level of significance is the smallest for which the regression model as a whole is significant:  \alpha  = .00005, .001, .01, and .05? ANOVA  Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the following values for the level of significance is the smallest for which the regression model as a whole is significant:  \alpha  = .00005, .001, .01, and .05?  Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the following values for the level of significance is the smallest for which the regression model as a whole is significant:  \alpha  = .00005, .001, .01, and .05? -{Real Estate Builder Narrative} Which of the following values for the level of significance is the smallest for which the regression model as a whole is significant: α\alpha = .00005, .001, .01, and .05?

(Short Answer)
4.9/5
(26)

Consider the following statistics of a multiple regression model: n = 25, k = 5, b1 = -6.31, and sConsider the following statistics of a multiple regression model: n = 25, k = 5, b<sub>1</sub> = -6.31, and s  = 2.98.Can we conclude at the 1% significance level that x<sub>1</sub> and y are linearly related? = 2.98.Can we conclude at the 1% significance level that x1 and y are linearly related?

(Essay)
4.9/5
(36)

A multiple regression model is assessed to be poor if the error sum of squares SSE and the standard error of estimate A multiple regression model is assessed to be poor if the error sum of squares SSE and the standard error of estimate  are both large, the coefficient of determination R<sup>2</sup> is close to 0, and the value of the test statistic F is large.are both large, the coefficient of determination R2 is close to 0, and the value of the test statistic F is large.

(True/False)
4.9/5
(46)

Life Expectancy An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians, she collected the age at death (y), the average number of hours of exercise per week (x1), the cholesterol level (x2), and the number of points that the individual's blood pressure exceeded the recommended value (x3).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x1 - 0.021x2 -0.061x3 Life Expectancy An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians, she collected the age at death (y), the average number of hours of exercise per week (x<sub>1</sub>), the cholesterol level (x<sub>2</sub>), and the number of points that the individual's blood pressure exceeded the recommended value (x<sub>3</sub>).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x<sub>1</sub> - 0.021x<sub>2</sub> -0.061x<sub>3</sub>      ANALYSIS OF VARIANCE    -{Life Expectancy Narrative} What is the coefficient of determination? What does this statistic tell you? Life Expectancy An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians, she collected the age at death (y), the average number of hours of exercise per week (x<sub>1</sub>), the cholesterol level (x<sub>2</sub>), and the number of points that the individual's blood pressure exceeded the recommended value (x<sub>3</sub>).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x<sub>1</sub> - 0.021x<sub>2</sub> -0.061x<sub>3</sub>      ANALYSIS OF VARIANCE    -{Life Expectancy Narrative} What is the coefficient of determination? What does this statistic tell you? ANALYSIS OF VARIANCE Life Expectancy An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians, she collected the age at death (y), the average number of hours of exercise per week (x<sub>1</sub>), the cholesterol level (x<sub>2</sub>), and the number of points that the individual's blood pressure exceeded the recommended value (x<sub>3</sub>).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x<sub>1</sub> - 0.021x<sub>2</sub> -0.061x<sub>3</sub>      ANALYSIS OF VARIANCE    -{Life Expectancy Narrative} What is the coefficient of determination? What does this statistic tell you? -{Life Expectancy Narrative} What is the coefficient of determination? What does this statistic tell you?

(Essay)
4.7/5
(38)

When there is more than one independent variable in a regression model, we refer to the graphical depiction of the equation as a(n) ____________________ rather than as a straight line.

(Short Answer)
4.8/5
(40)

Multicollinearity will result in excessively low standard errors of the parameter estimates reported in the regression output.

(True/False)
4.9/5
(32)

Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade? , where y is the final grade (out of 100 points), x1 is the number of lectures skipped, x2 is the number of late assignments, and x3 is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade? Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade? Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade? ANALYSIS OF VARIANCE Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade? -{Student's Final Grade Narrative} Does this data provide enough evidence to conclude at the 5% significance level that the model is useful in predicting the final grade?

(Essay)
4.8/5
(32)

In calculating the standard error of the estimate, In calculating the standard error of the estimate,   , there are (n - k-1) degrees of freedom, where n is the sample size and k is the number of independent variables in the model. , there are (n - k-1) degrees of freedom, where n is the sample size and k is the number of independent variables in the model.

(True/False)
4.8/5
(38)

How do you go about checking for multicollinearity?

(Essay)
4.8/5
(32)

Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the independent variables in the model are significant at the 2% level? ANOVA Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the independent variables in the model are significant at the 2% level? Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household.House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT    ANOVA      -{Real Estate Builder Narrative} Which of the independent variables in the model are significant at the 2% level? -{Real Estate Builder Narrative} Which of the independent variables in the model are significant at the 2% level?

(Short Answer)
4.9/5
(42)

Multicollinearity is present if the dependent variable is linearly related to one of the explanatory variables.

(True/False)
4.9/5
(28)

We test an individual coefficient in a multiple regression model using a(n) _________ test.

(Short Answer)
4.8/5
(34)

If the value of the Durbin-Watson test statistic, d, satisfies the inequalities d < dL or d > 4 - dL, where dL and dU are the critical values of d, we conclude that autocorrelation exists.

(True/False)
4.8/5
(33)

Multicollinearity is a situation in which two or more of the independent variables are highly correlated with each other.

(True/False)
4.8/5
(23)

Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Interpret the coefficient b<sub>3</sub>. , where y is the final grade (out of 100 points), x1 is the number of lectures skipped, x2 is the number of late assignments, and x3 is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Interpret the coefficient b<sub>3</sub>. Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Interpret the coefficient b<sub>3</sub>. Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Interpret the coefficient b<sub>3</sub>. ANALYSIS OF VARIANCE Student's Final Grade A statistics professor investigated some of the factors that affect an individual student's final grade in her course.She proposed the multiple regression model   , where y is the final grade (out of 100 points), x<sub>1</sub> is the number of lectures skipped, x<sub>2</sub> is the number of late assignments, and x<sub>3</sub> is the midterm exam score (out of 100).The professor recorded the data for 50 randomly selected students.The computer output is shown below. THE REGRESSION EQUATION IS       ANALYSIS OF VARIANCE    -{Student's Final Grade Narrative} Interpret the coefficient b<sub>3</sub>. -{Student's Final Grade Narrative} Interpret the coefficient b3.

(Essay)
4.7/5
(29)

The problem of multicollinearity arises when the:

(Multiple Choice)
4.9/5
(33)
Showing 81 - 100 of 157
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)