In: Statistics and Probability
B. Regression Analysis:
Avg. Tot. Score versus PPS, %Takers
Model Summary
S R-sq R-sq(adj) R-sq(pred)
32.4595 81.95% 81.18% 79.59%
Coefficients
Term Coef SE Coef T-Value P-Value VIF
Constant 993.8 21.8 45.52 0.000
PPS 12.29 4.22 2.91 0.006 1.54
%Takers -2.851 0.215 -13.25 0.000 1.54
1. Give a correct interpretation of the slope of PPS in Model B.
2. What is the fit in Model B for a state with $5500 in per pupil spending and 60% of eligible students (%Takers) taking the exam?
Regression Analysis: Overall Rating versus Itineraries/Schedule, Shore Excursions, Food/Dining
Model Summary
S R-sq R-sq(adj) R-sq(pred)
1.38775 74.98% 70.29% 58.09%
Coefficients
Term Coef SE Coef T-Value P-Value VIF
Constant 35.6 13.2 2.69 0.016
Itineraries/Schedule 0.110 0.130 0.85 0.407 1.05
Shore Excursions 0.2445 0.0434 __ ___ 1.07
Food/Dining 0.2474 0.0621 3.98 0.000 1.01
1. What are the missing T-Value and P-Value for Shore Excursions? Show calculations and explain your answer(s).
2. Which of the following statements below are true? (Select all that are true and briefly explain your answer(s).)
A. If Itineraries/Schedule is removed from the model, the multiple R-squared will increase.
B. If Itineraries/Schedule is removed from the model, the adjusted R-squared will increase.
C. If Itineraries/Schedule is removed from the model, the multiple R-squared will decrease.
D. If Itineraries/Schedule is removed from the model, the adjusted R-squared will decrease.
3. What is the predicted rating for a cruise which rates 50 on Itineraries/Schedule, 70 on Shore Excursions, and 75 on Food/Dining?
4. As the cruise coordinator, how might you make use of these regression results?
Give a correct interpretation of the slope of PPS in Model B.
One unit increase in PPS, increse the Avg. Tot. Score to by 12.29
2. What is the fit in Model B for a state with $5500 in per pupil spending and 60% of eligible students (%Takers) taking the exam?
Regression equation
Avg. Tot. Score= 993.8 + 12.29 PPS - 2.851 % of takers
If percent is taken as whole number
Avg. Tot. Score= 993.8 + 12.29(5500) - 2.851 (60) = 68417.74
If percent is taken as decimal number
Avg. Tot. Score= 993.8 + 12.29(5500) - 2.851 (.60) = 68587.0894
1. What are the missing T-Value and P-Value for Shore Excursions? Show calculations and explain your answer(s).
tvalue = coeff/se coeffi = 0.2245/0.0434=5.6336
pvalue need the number of observation
tstat(5.336,n-2)
2. Which of the following statements below are true? (Select all that are true and briefly explain your answer(s).)
B. If Itineraries/Schedule is removed from the model, the adjusted R-squared will increase.
adjusted R is calculated by penalizing Rsquare value for any insignificant variables. On removing the insignificant variable, adjusted R will increase.
3. What is the predicted rating for a cruise which rates 50 on Itineraries/Schedule, 70 on Shore Excursions, and 75 on Food/Dining?
y = 35.6+0.11 itineraries/Schedule +
0.2445 Shore Excursions +0.2474
Food/Dining
y = 35.6+0.11(50) +
0.2445(70) +0.2474(75)= 76.77
4. As the cruise coordinator, how might you make use of these
regression results?
cruise coordinator must work on improving the rating for Shore
Excursions and Food/Dining