Essay
A researcher wanted to study effect of two factors, x₁ and x₂, on yield (y). The observations are given below.
a. Develop an estimated regression equation with both factors x₁ and x₂ as the independent variables. Is the overall regression statistically significant at the 0.05 level of significance? If so, then test whether each of the regression parameters β0, β1, and β2 is equal to zero at a 0.01 level of significance. What are the correct interpretations of the estimated regression parameters?
b. How much of the variation in the sample values of y does the model in part (a) explain?
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