A mail-order business selling personal computer supplies, software and hardware maintains a centralized warehouse. Management is currently examining the process of distribution from the warehouse and wants to study the factors that affect the warehouse distribution costs.
Data collected over 24 random months contain the warehouse’s distribution cost (in thousands of Rands), the sales (in thousands of Rands) and the number of orders received. A multiple linear regression model was fitted to the data by using Stat1.2. Use the output to answer the questions that followby typing only the letter of the correct option in the answer boxes.
Variablesy: Warehouse Distribution Costx1: Salesx2: Number of Orders
Model Fitting StatisticsR2 = 0.8504Adj R2: ?
Regression Coefficients Beta Parameter Standard b Parameter Standard Estimates Error of Beta Estimates Error of b t Statistic Prob > |t| Intcpt -0.800 7.325 -0.109 0.914 x1 0.144 0.150 0.023 0.024 0.961 0.348 x2 0.791 0.150 0.018 0.003 5.266 0.001*
Contribution of the variables to R^2Predictor Ri2 R2 - Ri2 f2 x1 0.8221 0.0075 0.0439 x2 0.6045 0.2251 1.3206
The estimated multiple regression line is given by?
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