Exam 14: Building Multiple Regression Models
Exam 1: Introduction to Statistics94 Questions
Exam 2: Charts and Graphs92 Questions
Exam 3: Descriptive Statistics81 Questions
Exam 4: Probability87 Questions
Exam 5: Discrete Distributions88 Questions
Exam 6: Continuous Distributions90 Questions
Exam 7: Sampling and Sampling Distributions93 Questions
Exam 8: Statistical Inference: Estimation for Single Populations88 Questions
Exam 9: Statistical Inference: Hypothesis Testing for Single Populations101 Questions
Exam 10: Statistical Inferences About Two Populations98 Questions
Exam 11: A Nalysis of Variance and Design of Experiments106 Questions
Exam 12: Simple Regression Analysis and Correlation106 Questions
Exam 13: Multiple Regression Analysis93 Questions
Exam 14: Building Multiple Regression Models95 Questions
Exam 15: Time-Series Forecasting and Index Numbers94 Questions
Exam 16: Analysis of Categorical Data85 Questions
Exam 17: Nonparametric Statistics99 Questions
Exam 18: Statistical Quality Control86 Questions
Exam 19: Decision Analysis91 Questions
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Abby Kratz,a market specialist at the market research firm of Saez,Sikes,and Spitz,is analyzing household budget data collected by her firm.Abby's dependent variable is weekly household expenditures on groceries (in $'s),and her independent variables are annual household income (in $1,000's)and household neighborhood (0 = suburban,1 = rural).Regression analysis of the data yielded the following table.
For a suburban household with ______ annual income,Abby's model predicts weekly grocery expenditure of $235.

(Multiple Choice)
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A multiple regression analysis produced the following tables.
For x1= 20,the predicted value of y is ____________.


(Multiple Choice)
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An appropriate method to identify multicollinearity in a regression model is to ____.
(Multiple Choice)
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Hope Hernandez is the new regional Vice President for a large gasoline station chain.She wants a regression model to predict sales in the convenience stores. Her data set includes two qualitative variables: the gasoline station location (inner city,freeway,and suburbs),and curb appeal of the convenience store (low,medium,and high).The number of dummy variables needed for "curb appeal" in Hope's regression model is ______.
(Multiple Choice)
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A useful technique in controlling multicollinearity involves the _________.
(Multiple Choice)
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Alan Bissell,a market analyst for City Sound Online Mart,is analyzing sales from heavy metal song downloads.Alan's dependent variable is annual heavy metal song download sales (in $1,000,000's),and his independent variables are website visitors (in 1,000's)and type of download format requested (0 = MP3,1 = other).Regression analysis of the data yielded the following tables.
For a 'other' download formats with 10,000 website visitors,Alan's model predicts annual sales of heavy metal song downloads of ________________.

(Multiple Choice)
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Which of the following problems is not caused by multicollinearity?
(Multiple Choice)
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An "all possible regressions" search of a data set containing 5 independent variables will produce ______ regressions.
(Multiple Choice)
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A multiple regression analysis produced the following tables.
For x1= 10,the predicted value of y is ____________.


(Multiple Choice)
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Inspection of the following table of correlation coefficients for variables in a multiple regression analysis reveals that the first independent variable entered by the forward selection procedure will be ___________. 

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Inspection of the following table of correlation coefficients for variables in a multiple regression analysis reveals that the first independent variable that will be entered into the regression model by the forward selection procedure will be ___________. 

(Multiple Choice)
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A multiple regression analysis produced the following tables.
The minimum value of the predicted value of the dependent variable is reached when
X1 = ______.


(Multiple Choice)
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Qualitative data can be incorporated into linear regression models using indicator variables.
(True/False)
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