Question

In: Statistics and Probability

Consider the following data for a dependent variable y and two independent variables, x1 and x2.

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: β1β2    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: β1β2

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.

Solutions

Expert Solution

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.


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