Use the Minitab output in the Exhibit for questions (1)-(8). Calculate a 95% confidence interval for the
Use the Minitab output in the Exhibit for questions (1)-(8).
- Calculate a 95% confidence interval for the coefficient of x 5. Use the t -table for the constant.
- What is the conclusion from the hypothesis test that H0: β5= 0 versus H1: β5≠ 0 at α = 0.05 and why?
- Calculate a 95% prediction interval for the observation in row 1.
- To obtain at least 90% confidence that each of the10 slope coefficients β1, β2, …, β10 is simultaneously contained in its confidence interval, what significance level should be used for each interval?
- What R-squared would result from the regression model of x 10 on x 1, x 2, x 3, …, x 9.
-
Use the Minitab output to calculate the
F
statistic for the test
H0: β1 = β2 = β3 = 0 versus H1: at least one of these coefficients is not zero -
Circle ALL of the following that are correct. Consider α = 0.05 in your conclusions. From this output you can conclude that
- No regressors are useful to predict y
- At least one regressor is useful to predict y
- There is a regressor useful to predict y , but it is not among this group of 10
- All 10 regressors together are needed to adequately predict y
- x 1 is not useful to a model that already contains x 2, x 3, …, x 9, x 10
-
Consider the model
y
= β0 + β1
x
1 + β2
x
2. On the following axes, provide a scatter plot of regressor variables
x
1 and
x
2 with one high leverage point.
-
Sketch an example of data for the simple regression model
y
on
x
with one point that has large influence as measured by DFFITS.
Solution: We get
- Residuals plots for a model are shown below.
- List any failures of assumptions indicated by these plots.
-
Circle ALL of the following that are reasonable next steps after reviewing these residual plots.
- Evaluate adjusted R-squared
- Conduct tests of the coefficients
- Consider transformations
- Consider polynomial terms in the x ’s
- Consider weighted regression
11) Given the following data for a regression analysis calculate the mean squared error for pure error.
12) The following plot is a partial regression plot for x 1 in the model y = β0 + β1 x 1 + β2 x 2 + β3 x 3 + β4x4. Circle ALL of the following that can be correctly concluded.
- The axes plot x 1 against the residuals from the model y = β0 + β1 x 1 + β2 x 2 + β3 x 3 + β4x4
- The axes plot the residuals from the model x 1 = β0 + β2 x 2 + β3 x 3 + β4x4 against the residuals from the model y = β0 + β2 x 2 + β3 x 3 + β4x4
- The axes plot the residuals from the model x 1 = β0 + β2 x 2 + β3 x 3 + β4x4 against the residuals from the model y = β0 + β1 x 1
- A polynomial term for x 1 is expected to be useful for the model y = β0 + β1 x 1 + β2 x 2 + β3 x 3 + β4x4
13) Consider the following plot for a weighted simple linear regression between y and x . Approximate the weight that should be used at x = 7.
Deliverable: Word Document
