Question

In: Statistics and Probability

Using the analysis containing all four independent variables, calculate the 99% confidence internal for the coefficient...

Using the analysis containing all four independent variables, calculate the 99% confidence internal for the coefficient of V2.

V1 V2 V3 V4 Y
10 2 5 2 24.4
11 2 4 2 22
12 2 3 2 22.4
13 4 2 3 24.5
14 3 1 2 21
15 5 5 2 37.4
16 5 4 2 37.8
17 4 2 1 25.5
18 5 1 2 24
19 5 5 1 25
20 2 3 1 22.1
21 4 4 3 28.8
22 2 3 2 23
23 3 2 2 28.3
24 3 1 1 32.7
25 2 1 3 19.1
26 2 4 2 26.1
27 5 5 2 41.5
28 3 3 2 29.6
29 5 2 1 33.6

Solutions

Expert Solution

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 99.0% Upper 99.0%
Intercept 6.994048297 5.964970426 1.172520197 0.259274 -5.71999 19.70808 -10.583 24.5711
V1 0.352776111 0.171117793 2.061598065 0.057019 -0.01195 0.717505 -0.15146 0.857011
V2 2.745443148 0.789977715 3.475342525 0.003391 1.061646 4.429241 0.417606 5.073281
V3 1.548762884 0.693337078 2.233780557 0.041149 0.07095 3.026576 -0.4943 3.591828
V4 -0.217883059 1.555740492 -0.14005103 0.890483 -3.53387 3.098099 -4.8022 4.366437
99% confidence interval for V2= Beta(V2)+-t(n-(k+1),probability)(Standard error of V2)
99% ci for V2=2.74+-F28t((20-(4+1),0.995)*0.7899

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