Exam 16: Multiple Regression and Correlation
Exam 1: A Preview of Business Statistics55 Questions
Exam 2: Visual Description of Data67 Questions
Exam 3: Statistical Description of Data146 Questions
Exam 4: Data Collection and Sampling Methods104 Questions
Exam 5: Probability: Review of Basic Concepts188 Questions
Exam 6: Discrete Probability Distributions140 Questions
Exam 7: Continuous Probability Distributions160 Questions
Exam 8: Sampling Distributions108 Questions
Exam 9: Estimation From Sample Data150 Questions
Exam 10: Hypothesis Tests Involving a Sample Mean or Proportion170 Questions
Exam 11: Hypothesis Tests Involving Two Sample Means149 Questions
Exam 12: Analysis of Variance Tests173 Questions
Exam 13: Chi-Square Applications134 Questions
Exam 14: Nonparametric Methods139 Questions
Exam 15: Simple Linear Regression and Correlation145 Questions
Exam 16: Multiple Regression and Correlation98 Questions
Exam 17: Model Building83 Questions
Exam 18: Models for Time Series and Forecasting127 Questions
Exam 19: Decision Theory82 Questions
Exam 20: Total Quality Management132 Questions
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In a multiple regression model,the following statistics are given: SSE = 100,R2 = 0.995,k = 5,n = 15.The multiple coefficient of determination adjusted for degrees of freedom is:
(Multiple Choice)
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The adjusted multiple coefficient of determination is adjusted for the:
(Multiple Choice)
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Motor Vehicle
In order to predict motor vehicle purchases for the U.S.,the coefficients of a multiple regression equation were estimated using 25 years of data.The variables were:
y = motor vehicle purchases (billions of dollars)
x1 = disposable personal income (billions of dollars)
x2 = U.S.population (millions of persons)
x3 = automobile installment credit (billions of dollars)
Part of the results using MINITAB was: The regression equation is
Predictor Coef Stdev t-ratio Constant -61.28 36.96 -1.66 X1 -0.00221 0.01504 -0.15 X2 0.3679 0.2001 1.84 X3 0.7254 0.2115 3.43
Analysis of Variance
SOURCE DF SS Regression 3 32624 Error 21 591 Total 24 33215
-Use the values in the analysis of variance table to compute R2 using the values for SST and SSE or SSR.
(Short Answer)
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What is the relationship between:
(A)the results of the hypothesis test examining whether b2 differs significantly from zero at the 0.05 level and
(B)the 95% confidence interval for .
(Essay)
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A multiple regression equation includes 3 independent variables,and the coefficient of multiple determination is 0.64.The percentage of the variation in y that is explained by the regression equation is:
(Multiple Choice)
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For the multiple regression model = 3 - 4x1 + 5x2 + 2x3,a unit increase in x1,holding x2 and x3 constant,results in:
(Multiple Choice)
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In simple linear regression,the regression equation is a straight line.In multiple regression,what geometric form is taken by the regression equation when there are two independent variables? When there are three or more independent variables?
(Essay)
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In reference to the equation: = -0.25 + 0.08x1 + 0.10x2,the value 0.08 is the:
(Multiple Choice)
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A health science-kinesiology program to lose weight collected data from ten students.Sex was coded as 1 = female and 0 = male.The regression equation obtained was given by: Pounds lost = 15.8 + 0.65 time + 6.00 sex.What is the estimated weight loss of a male who stayed in the program for 5 time periods?
(Short Answer)
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A multiple regression analysis includes 25 data points and 4 independent variables results in SST = 200 and SSR = 150.The multiple standard error of estimate will be:
(Multiple Choice)
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In a multiple regression problem,the regression equation is given by = 58.0 - 5.66x1 + 0.61 x2.Compute the point estimate for y when x1 = 3 and x2 = 4.
(Short Answer)
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Nutritionist
A nutritionist is analyzing the cost of an 8 oz.serving of pasta.The nutritionist anticipates that cost is related to:
x1 = Grams of protein/8 oz.
x2 = Grams of carbohydrates/8 oz.
x3 = Grams of fat/8 oz.
Using MINITAB,the nutritionist obtained the following results: The regression equation is
Predictor Coef Stdev t-ratio Constant 1.3928 0.1096 12.71 X1 0.017806 0.006600 2.70 X2 -0.025825 0.001613 -16.01 X3 -0.000501 0.002779 -0.18
Analysis of Variance
SOURCE DF SS MS Regression 3 0.72562 0.24187 Error 8 0.01847 0.00231 Total 11 0.74409
-From these regression results,compute a 95% confidence interval for 1, 2,and 3.
(Essay)
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In reference to the equation: = -0.25 + 0.08x1 + 0.10x2,the value -0.25 is the:
(Multiple Choice)
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States
Concern over the number of car thefts grew into a project to determine the relationship between car thefts by state and these variables:
x1 = Police per 10,000 persons,by state
x2 = Expenditure by local government for police protection,in thousands,by state
x3 = New passenger car registrations,in thousands,by state.
Data from 13 states were collected.The MINITAB regression results are:
The regression equation is car-thf police polexp registr
Predictor Coef Stdev t-ratio p Constant -25.29 17.85 -1.42 0.190 police 1.2831 0.9275 1.38 0.200 polexp 0.018827 0.008460 2.23 0.053 registr 0.09686 0.03536 2.74 0.023
Analysis of Variance
SOURCE DF SS MS F p Regression 3 33007 11002 107.14 0.000 Error 9 924 103 Total 12 33932
Correlation between the variables:
car-thf police polexp registr car-thf 1.000 police 0.466 1.000 polexp 0.970 0.390 1.000 registr 0.976 0.406 0.958 1.000
-Test the significance of the regression equation at the 0.01 level of significance.
Test statistic = ____________________
Critical Value = ____________________
Conclusion: ____________________
(Short Answer)
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In a regression model involving 25 observations,the following estimated regression model was obtained: = 60 + 2.8x1 + 1.2x2 - x3.For this model,SST = 600 and SSE = 150.Calculate the value of the F statistic for testing the significance of this model.
F = ____________________
(Short Answer)
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In a regression model involving 40 observations, the following estimated regression model was obtained = 10 + 3x1 + 5x2 + 6x3. For this model, SSR = 300 and SSE = 75. Then, the value of MSR is:
(Multiple Choice)
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Salary
Data was collected from 40 employees to develop a regression model to predict the employee's annual salary using their years with the company (Years),their starting salary (Starting),and their Gender (Male = 0,Female = 1).The results from Excel regression analysis are shown below:
RegresionSlalinlics Multiple R 0.719714957 R Square 0.516551199 Adjusted R Square 0.476253780 Standard Errar 10515.63461 Dbservations 40
of SS MS F Significance F Regression 3 4334682510 1444894170 12.82165585 7.48476-06 Residual 36 4056901131 112691698.1 Total 39 8391583641
Coefficients Standard Error t Stat P -value Intercept 27946.57894 4832.438706 5.783121245 1.35464-06 Years 1665.251558 425.0829092 3.917474737 0.000383313 Starting 0.266374185 0.12610443 2.112330112 0.041661598 Gender -3285.541043 5617.145392 -0.584912943 0.56225464
-In testing the significance of the partial regression coefficient associated with the Gender variable at the 0.05 significance level,what is the appropriate conclusion?
(Essay)
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Equation
The regression equation, = 4 + 1.5x1 + 2.5x2 has been fitted to 25 data points.The means of x1 and x2 are 30 and 46,respectively.The sum of the squared differences between observed and predicted values of y has been calculated as SSE = 175,and the sum of the squared differences between y values and mean of y is SST = 525.
-Determine the multiple standard error of estimate.
(Short Answer)
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A multiple regression model was developed to predict the grade point average (GPA)for MBA students based on two entrance exam scores,verbal (VGMAT)and math (MGMAT).The following table shows the actual GPA and predicted GPA for 7 students.
Student Actural CPA Predicted CPA 1 3.5 3.7 2 3.1 3.6 3 3.2 2.8 4 4.0 3.5 5 3.6 3.6 6 3.2 3.7 7 3.7 3.6 Calculate the multiple standard error of estimate.
(Essay)
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