Exam 17: Multiple Regression
Exam 1: What Is Statistics46 Questions
Exam 2: Graphical Descriptive Techniques 194 Questions
Exam 3: Graphical Descriptive Techniques 2156 Questions
Exam 4: Numerical Descriptive Techniques275 Questions
Exam 5: Data Collection and Sampling84 Questions
Exam 6: Probability240 Questions
Exam 7: Random Variables and Discrete Probability Distributions283 Questions
Exam 8: Continuous Probability Distributions224 Questions
Exam 9: Sampling Distributions156 Questions
Exam 10: Introduction to Estimation154 Questions
Exam 11: Introduction to Hypothesis Testing189 Questions
Exam 12: Inference About a Population153 Questions
Exam 13: Inference About Comparing Two Populations170 Questions
Exam 14: Analysis of Variance157 Questions
Exam 15: Chi-Squared Tests179 Questions
Exam 16: Simple Linear Regression and Correlation304 Questions
Exam 17: Multiple Regression160 Questions
Exam 18: Model Building148 Questions
Exam 19: Nonparametric Statistics175 Questions
Exam 20: Time-Series Analytics and Forecasting225 Questions
Exam 21: Statistical Process Control140 Questions
Exam 22: Decision Analysis123 Questions
Exam 23: Conclusion47 Questions
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A multiple regression is called "multiple" because it has several explanatory variables.
(True/False)
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A practical way to identify multicollinearity is through the examination of a correlation ____________________ that shows the correlations of each variable with each of the other variables.
(Short Answer)
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If the residuals in a regression analysis of time ordered data are not correlated,the value of the Durbin-Watson d statistic should be near ____________________.
(Short Answer)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} What are the regression degrees of freedom that are missing from the output?


(Essay)
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A multiple regression model has the form:
.As x2 increases by one unit,holding x1 constant,then the value of y will increase by:

(Multiple Choice)
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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
S = 9.47 R−Sq = 22.5% ANALYSIS OF VARIANCE
-{Life Expectancy Narrative} What is the adjusted coefficient of determination in this situation? What does this statistic tell you?


(Essay)
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In a multiple regression model,the value of the coefficient of determination has to fall between
(Multiple Choice)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} At the 0.01 level of significance,what conclusion should the builder draw regarding the inclusion of education in the regression model?


(Essay)
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For a multiple regression model,the following statistics are given: Total variation in y = 500,SSE = 80,and n = 25.Then,the coefficient of determination is:
(Multiple Choice)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} What are the residual degrees of freedom that are missing from the output?


(Essay)
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Multicollinearity is present when there is a high degree of correlation between the dependent variable and any of the independent variables.
(True/False)
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A(n)____________________ value of the F-test statistic indicates that the multiple regression model is valid.
(Short Answer)
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We test an individual coefficient in a multiple regression model using a(n)_________ test.
(Short Answer)
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In a multiple regression model,the mean of the probability distribution of the error variable ε is assumed to be:
(Multiple Choice)
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If a group of independent variables are not significant individually but are significant as a group at a specified level of significance,this is most likely due to:
(Multiple Choice)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} Which of the following values for the level of significance is the smallest for which at least two explanatory variables are significant individually: α = .01,.05,.10,and .15?


(Short Answer)
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Most statistical software print a second R2 statistic,called the coefficient of determination adjusted for degrees of freedom,which has been adjusted to take into account the sample size and the number of independent variables.
(True/False)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} One individual in the sample had an annual income of $100,000,a family size of 10,and an education of 16 years.This individual owned a home with an area of 7,000 square feet.What is the residual (in hundreds of square feet)for this data point?


(Short Answer)
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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 Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA
-{Real Estate Builder Narrative} What minimum annual income would an individual with a family size of 9 and 10 years of education need to attain a predicted 5,000 square foot home?


(Short Answer)
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