1 answer

The exercise involving data in this and subsequent sections were designed to be solved using Excel....

Question:

The exercise involving data in this and subsequent sections were designed to be solved using Excel. The following estimated r
The exercise involving data in this and subsequent sections were designed to be solved using Excel. The following estimated regression equation is based on 10 observations was presented. $ = 29.1270 + 0.590621 +0.498022 Here SST = 6,943.875, SSR = 6,696.375, 85, = 0.0752, and 86 = 0.0513. a. Compute MSR and MSE (to 3 decimals). MSR 3348.188 MSE 35.337 b. Compute the F test statistic (to 2 decimals). Use F table. 94.72 ♡ What is the p-value? less than .01 At a = .05, what is your conclusion? The overall model is significant C. Compute the t test statistic for the significance of B1 (to 2 decimals). Use t table. 7.85 ♡ The p-value is less than .01 a At a = .05, what is your conclusion? There is a significant relationship between y and x1 d. Compute the t test statistic for the significance of 82 (to 2 decimals). Use t table. 9.71 The n-value is less than 01

Answers

p=number of independent variables= 2

a)

MSR =SSR/p = 3348.188
MSE=(SSE/(n-p-1))= 35.357

b)

F test statistic =MSR/MSE= 94.70
.

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