Question 2 Suppose that you have a multiple regression with three explanatory variables. Which of the following are accurate statements of the ANOVA alternative hypothesis? Check all that apply. O The...


Question 2<br>Suppose that you have a multiple regression with three explanatory variables. Which of the<br>following are accurate statements of the ANOVA alternative hypothesis? Check all that apply.<br>O The regression is useful.<br>O The regression is significant.<br>O The regression is insignificant.<br>O All slope coefficients equal zero.<br>O The regression is not useful<br>O At least one slope coefficient is non-zero.<br>Question 3<br>If R2=.68, bo=15, bq=30 and b2=-50 in a multiple regression with two explanatory variables (X1 and<br>X2) and both explanatory variables are significant and the ANOVA p-value is 0.03, answer the<br>following question:<br>Predict the value of Y when X1=6 and X2=2. Assume both of those values are within the respective<br>sample ranges.<br>D<br>Question 4<br>If R2=.68, bo=15, bq=30 and b2=-50 in a multiple regression with two explanatory variables (X1 and<br>X2) and both explanatory variables are significant and the ANOVA p-value is 0.03, answer the<br>following question:<br>If the units on Y are dollars and the units on X1 are hours, how many more dollars are predicted<br>when the value of X1 increases by 3 hours, holding the value of X2 constant?<br>

Extracted text: Question 2 Suppose that you have a multiple regression with three explanatory variables. Which of the following are accurate statements of the ANOVA alternative hypothesis? Check all that apply. O The regression is useful. O The regression is significant. O The regression is insignificant. O All slope coefficients equal zero. O The regression is not useful O At least one slope coefficient is non-zero. Question 3 If R2=.68, bo=15, bq=30 and b2=-50 in a multiple regression with two explanatory variables (X1 and X2) and both explanatory variables are significant and the ANOVA p-value is 0.03, answer the following question: Predict the value of Y when X1=6 and X2=2. Assume both of those values are within the respective sample ranges. D Question 4 If R2=.68, bo=15, bq=30 and b2=-50 in a multiple regression with two explanatory variables (X1 and X2) and both explanatory variables are significant and the ANOVA p-value is 0.03, answer the following question: If the units on Y are dollars and the units on X1 are hours, how many more dollars are predicted when the value of X1 increases by 3 hours, holding the value of X2 constant?

Jun 05, 2022
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