Essay
Consider the following partial output generated using a statistical software:
The regression equation is 
S = 15.51 R-Sq = 95.2% R-Sq(adj) = 90.3%
a. Which, if any, of the terms should be removed from the model first? Justify your answer. (Use a significance level of 0.05.)
b. Which of the predictors makes the most significant contribution in predicting the dependent variable y? Justify your answer.
c. Find and interpret the coefficient of determination.
Correct Answer:
Verified
a. Remove the term involving 
since it h...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
since it h...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q24: The adjusted coefficient of determination is adjusted
Q120: Stepwise regression analysis is most useful when
Q172: In a multiple regression involving 24 observations
Q173: Life Expectancy Narrative<br>An actuary wanted to develop
Q174: In a regression model involving 40 observations,
Q176: An estimated partial-regression coefficient gives the partial
Q177: In reference to the multiple regression model
Q178: The y-intercept will usually be negative in
Q179: Personal Spending and Personal Income<br>Is personal spending
Q180: Air Pollution Monitors Narrative<br>An experiment was designed