In: Math
Bob Michels owns a business in an emerging agricultural market, medicinal cannabis. He is interested in running a regression analysis with fertilizer potency as the dependent variable and manufacturing process temperature as the predictor variable. After taking a sample of 25 batches and recording these two variables, Bob developed the following results:
Potency = -8.78 + .48897 TEMP
(.0792)
Se = 3.473 SS(total)= 737.73
Potency is the percent of maximum fertilizer potency
Temp is the temperature in degrees in Fahrenheit.
Interpret the regression coefficient.
Test whether ther is a positive linear relationship between potency and Temp. Use alpha = .05
Develop the Mission ANOVA table
Interpretation of slope coefficient -
For a 1 degree Fahrenheit increase in temperature, we estimate the percent of maximum fertilizer potency to increase by 0.48897%
Interpretation of intercept coefficient -
The estimated maximum fertilizer potency at 0 degree Fahrenheit is -8.78
H0:
H1;
Test statistic, t = 0.48897 / 0.0792 = 6.17
Degree of freedom = n-2 = 25-2 = 23
P-value = P(t > 6.17) = 0.000001
Since p-value is less than 0.05 significance level, we reject null hypothesis H0 and conclude that there is significant evidence that there is a positive linear relationship between potency and Temp.
Se = 3.473 SS(total)= 737.73
df Total = n-1 = 25 -1 = 24
df Error = n - 2 = 25 - 2 = 23
df Group = k = 1 (k is number of predictors in the model)
Se = 3.473
=> MSE = 3.4732 = 12.06173
SSE = DF error * MSE = 23 * 12.06173 = 277.4198
SS Group = SS Total - SSE = 737.73 - 277.4198 = 460.3102
MS Group = SS Group / df Group = 460.3102 / 1 = 460.3102
F = MS Group / MS error = 460.3102 / 12.06173 = 38.16287
P-value = P(F > 38.16287, df = 1,23) =
Source | DF | SS | MS | F | Pr(>F) |
Group | 1 | 30.08 | 460.3102 | 38.16287 | 2.66 x 10-6 |
Error | 23 | 277.4198 | 12.06173 | ||
Total | 24 | 737.73 |