Exam 12: Multiple Regression and Model Building
Exam 1: An Introduction to Business Statistics63 Questions
Exam 2: Descriptive Statistics286 Questions
Exam 3: Probability177 Questions
Exam 4: Discrete Random Variables141 Questions
Exam 5: Continuous Random Variables167 Questions
Exam 6: Sampling Distributions119 Questions
Exam 7: Confidence Intervals226 Questions
Exam 8: Hypothesis Testing192 Questions
Exam 9: Statistical Inferences Based on Two Samples168 Questions
Exam 10: Experimental Design and Analysis of Variance155 Questions
Exam 11: Correlation Coefficient and Simple Linear Regression Analysis190 Questions
Exam 12: Multiple Regression and Model Building222 Questions
Exam 13: Nonparametric Methods112 Questions
Exam 14: Chi-Square Tests101 Questions
Exam 15: Decision Theory97 Questions
Exam 16: Time Series Forecasting152 Questions
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Below is a partial multiple regression ANOVA table.
Source SS df 535.9569 1 1,167.5634 1 18.9886 1 Error 3,459.6803 8
-How many observations were in the sample?
(Short Answer)
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The graph of the prediction equation obtained from fitting the model y =
0+
1X +
2X2+
Is a(n):
(Multiple Choice)
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Below is a partial multiple regression computer output based on a quadratic regression model.
Source SS df Model 29.44 2 Error 59.96 15 Standard Error Variable Coefficient Intercept 8.01 1.45 -1.35 0.55 0.46 0.43
-What is number of observations in the sample?
(Multiple Choice)
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Below is a partial multiple regression ANOVA table.
Source SS df 535.9569 1 1,167.5634 1 18.9886 1 Error 3,459.6803 8
-Calculate the explained variation.
(Essay)
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In the quadratic regression model y =
0 +
1X +
2X2+
The
1term represents the:
(Multiple Choice)
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Below is a partial multiple regression ANOVA table.
Source SS df Model 0.242 2 Error 0.105 3
-What is the explained variation?
(Multiple Choice)
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A member of the provincial legislature has expressed concern about the differences in the mathematics test scores of grade 9 high school students across the province.She asks her research assistant to conduct a study to investigate what factors could account for the differences.The research assistant looked at a random sample of school districts across the province and used the factors of percentage of mathematics teachers in each district with a degree in mathematics,the average age of mathematics teachers,and the average salary of mathematics teachers Predictor Coef SE Coef Constant 35.178 7.595 Math Dgr 0.22073 0.07131 Age 0.3353 0.1901 Salary 0.0930 0.1675 s = 7.62090
Analysis of Variance Source DF SS Regression 3 1053.09 Residual Error 32 1858.50 Source DF Seq SS Math Dgr 1 672.10 Age 1 363.09 Salary 1 17.90
-Calculate the adjusted R2.
(Essay)
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The _____ term describes the effects on y of all factors other than the independent variables in a multiple regression model.
(Short Answer)
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Below is a partially completed multiple regression analysis of variance (ANOVA)table.Calculate R2.
(Essay)
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Consider the following partial computer output for a multiple regression model.
Predictor Coefficient Standard Dev Constant 99.3883 1 -0.007207 0.0031 2 0.0011336 0.00122 3 0.9324 0.373 Analysis of Variance Source 31.308 Regression 3 9.378 Error (residual) 16
-What is the mean square error?
(Multiple Choice)
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In a regression model,a value of the error term depends upon other values of the error term.
(True/False)
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When the quadratic regression model y = ?0+ ?1x + ?2x2+ ? is used,the term _____ shows the rate of curvature of the parabola.
(Short Answer)
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Below is a partial multiple regression ANOVA table.
Source SS df 535.9569 1 1,167.5634 1 18.9886 1 Error 3,459.6803 8
-What is the mean square error?
(Multiple Choice)
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An investigator hired by a client suing for sex discrimination has developed a multiple regression model for predicting employee salaries for the company in question.In this multiple regression model,the salaries are measured in thousands of dollars.For example,a data entry of 35 for the dependent variable indicates a salary of $35,000.The indicator (dummy)variable for sex is coded as X1 = 0 if male and X1 = 1 if female.The computer output of this multiple regression model shows that the coefficient of X1 is - 4.2 and that X1 is significant at the 1% level of significance.Interpret the coefficient of X1.
(Multiple Choice)
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The multiple coefficient of determination is the _______ divided by the total variation.
(Multiple Choice)
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Consider the following partial computer output for a multiple regression model. Predictor Coefficient Standard Deviation Constant 41.225 6.380 1.081 1.353 -18.404 4.547 Analysis of Variance Source Regression 2 2270.11 Error (residual) 26 3585.75
-Calculate R2.
(Essay)
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The manufacturer of a light fixture believes that the dollars spent on advertising,the price of the fixture,and the number of retail stores selling the fixture in a particular month influence the light fixture sales.The manufacturer randomly selects 10 months and collects the following data: Sales Advertising Price \# of stores 41 20 40 1 42 40 60 3 59 40 20 4 60 50 80 5 81 50 10 6 80 60 40 6 100 70 20 7 82 70 60 8 101 80 30 9 110 90 40 10 The sales are in thousands of units per month,the advertising is given in hundreds of dollars per month,the price is the unit retail price for the particular month.Using this data,the following computer output is obtained.
The regression equation is
Sales = 31.0 + 0.820 Advertising - 0.325 Price + 1.84 Stores Predictor Coef StDev T P Constant 30.992 7.728 4.01 0.007 Advertising 0.8202 0.5023 1.63 0.154 Price -0.32502 0.08935 -3.64 0.011 Stores 1.841 3.855 0.48 0.650 S = 5.465R-Sq = 96.7%R-Sq(adj)= 95.0%
Analysis of Variance Source DF SS MS F P Regression 3 5179.2 1726.4 57.81 0.000 Residual Error 6 179.2 29.9 Total 9 5358.4
-Based on the observed data and the multiple regression model given above,estimate the average monthly light fixture sales and calculate the value of the residual,if the company spends $4000 on advertising,the price of the fixture is $60 and the fixture is being sold at 3 retail stores.
(Essay)
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As we increase the number of independent variables in a multiple regression model,the F statistic in the analysis of variance table for the multiple regression model will ________ increase.
(Multiple Choice)
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Below is a partial multiple regression ANOVA table.
Source SS df Model 0.242 2 Error 0.105 3
-What is the value of R2?
(Multiple Choice)
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In multiple regression analysis,if the simple correlation coefficient between the dependent variable and one of the independent variables is .95,then this indicates that the problem of multicollinearity exists.
(True/False)
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