In: Statistics and Probability
You may need to use the appropriate technology to answer this question.
Consider the following data for a dependent variable y and two independent variables,
x1 and x2.
x1 |
x2 |
y |
---|---|---|
30 | 12 | 93 |
47 | 10 | 108 |
25 | 17 | 112 |
51 | 16 | 178 |
40 | 5 | 94 |
51 | 19 | 175 |
74 | 7 | 170 |
36 | 12 | 117 |
59 | 13 | 142 |
76 | 16 | 211 |
The estimated regression equation for these data is
ŷ = −18.89 + 2.02x1 + 4.74x2.
Here, SST = 15,276.0, SSR = 14,134.9,
sb1 = 0.2482,
and
sb2 = 0.9528.
(a)
Test for a significant relationship among
x1, x2, and y.
Use α = 0.05.
State the null and alternative hypotheses.
H0: β1 ≠ 0 and β2 ≠ 0
Ha: One or more of the parameters is equal to zero.H0: β1 < β2
Ha: β1 ≥ β2 H0: β1 ≠ 0 and β2 = 0
Ha: β1 = 0 and β2 ≠ 0H0: β1 = β2 = 0
Ha: One or more of the parameters is not equal to zero.H0: β1 > β2
Ha: β1 ≤ β2
Find the value of the test statistic. (Round your answer to two decimal places.)
Find the p-value. (Round your answer to three decimal places.)
p-value =
State your conclusion.
Reject H0. There is sufficient evidence to conclude that there is a significant relationship among the variables.
Reject H0. There is insufficient evidence to conclude that there is a significant relationship among the variables.
Do not reject H0. There is insufficient evidence to conclude that there is a significant relationship among the variables.
Do not reject H0. There is sufficient evidence to conclude that there is a significant relationship among the variables.
(b)
Is
β1
significant? Use α = 0.05.
State the null and alternative hypotheses.
H0: β1 ≠ 0
Ha: β1 = 0H0: β1 < 0
Ha: β1 ≥ 0 H0: β1 = 0
Ha: β1 > 0H0: β1 > 0
Ha: β1 ≤ 0H0: β1 = 0
Ha: β1 ≠ 0
Find the value of the test statistic. (Round your answer to two decimal places.)
Find the p-value. (Round your answer to three decimal places.)
p-value =
State your conclusion.
Do not reject H0. There is sufficient evidence to conclude that β1 is significant.
Reject H0. There is sufficient evidence to conclude that β1 is significant.
Do not reject H0. There is insufficient evidence to conclude that β1 is significant.
Reject H0. There is insufficient evidence to conclude that β1 is significant.
(c)
Is
β2
significant? Use α = 0.05.
State the null and alternative hypotheses.
H0: β2 < 0
Ha: β2 ≥ 0H0: β2 > 0
Ha: β2 ≤ 0 H0: β2 = 0
Ha: β2 ≠ 0H0: β2 ≠ 0
Ha: β2 = 0H0: β2 = 0
Ha: β2 > 0
Find the value of the test statistic. (Round your answer to two decimal places.)
Find the p-value. (Round your answer to three decimal places.)
p-value =
State your conclusion.
Reject H0. There is insufficient evidence to conclude that β2 is significant.
Reject H0. There is sufficient evidence to conclude that β2 is significant.
Do not reject H0. There is insufficient evidence to conclude that β2 is significant.
Do not reject H0. There is sufficient evidence to conclude that β2 is significant.
Solution:
Given:
n = 10 observation
K = 2 number of independent variables .
.
. And.
SST = 15276.0
SSR = 14134.9
SST = SSR + SSE
SSE = SST - SSR
SSE = 15276.0 - 14134.9
SSE = 1141.1
a) Test for overall significance
To test the hypothesis
Vs
Ha: one or more of the parameters is not equal to zero.
Test statistic
F = 43.354790
Test statistic F = 43.35
P Value = 0.000114 from online P value calculator
P Value = 0.000
Decision : P Value
Reject Ho.
Conclusion : Reject Ho, there is sufficient evidence to conclude that there is significant relationship among the variables.
Option A is correct
b) Test for significance of
To test the hypothesis
. Vs.
Test statistic
t = 8.1385979
Test statistic t = 8.14
P Value = 0.000082 from online P value calculator
P value = 0.000
Decision: P Value
Reject Ho.
Conclusion: Reject Ho, there is sufficient evidence to conclude that is significant.
Option B is correct.
c) Test for significance of
To test the hypothesis
. Vs.
Test statistic
t = 4.9748110
Test statistic t = 4.97
P Value = 0.00161 from online P value calculator
P Value = 0.002
Decision : P Value
Reject Ho
Conclusion : Reject Ho, there is sufficient evidence to conclude that is significant.
Option B is correct.