6 Supposc you are interested in predicting the price of a lauter based on i vari
ID: 3057663 • Letter: 6
Question
6 Supposc you are interested in predicting the price of a lauter based on i various features. Price: the price of the laptop in dollars Speed: speed of the laptop in megahertz Charge: time (in minutes) the battery takes to charge The partial Excel results are shown here: SSUnexplained = 169838721 MSExplained 554446.062 ANOVA F Significance F 0.00479 MS Regression Residual Total Standard Error t Statp-value intercept Speed Charge Coefficients 1500.6007 10.1506 1.6284 1085.6889 14.5019 4.4568 a. Complete the ANOVA table b. Find R Explain what the number tells you about this regression model. c. Test whether risk is related to any of the X's (the overall significance of the model). Use a significance level of 0.05. d. Test whether price is related to speed. Use a significance level of 0.05. What does this result imply? e. Explain in the context of this problem what the numbers for the following coef- ficients mean: speed and charge. f. Find a 95 confidence interval for speed. What parameter does this contidence interval bracket g What is the standard error of the regression? h. Write out the regression equation. i. Estimate the price of a laptop with a speed of 33 negaherte and the charge lasts 305 minutes 37% Page 1 79 of 525Explanation / Answer
6 Supposc you are interested in predicting the price of a lauter based on i various features. Price: the price of the laptop in dollars Speed: speed of the laptop in megahertz Charge: time (in minutes) the battery takes to charge The partial Excel results are shown here: SSUnexplained = 169838721 MSExplained 554446.062 ANOVA F Significance F 0.00479 MS Regression Residual Total Standard Error t Statp-value intercept Speed Charge Coefficients 1500.6007 10.1506 1.6284 1085.6889 14.5019 4.4568 a. Complete the ANOVA table b. Find R Explain what the number tells you about this regression model. c. Test whether risk is related to any of the X's (the overall significance of the model). Use a significance level of 0.05. d. Test whether price is related to speed. Use a significance level of 0.05. What does this result imply? e. Explain in the context of this problem what the numbers for the following coef- ficients mean: speed and charge. f. Find a 95 confidence interval for speed. What parameter does this contidence interval bracket g What is the standard error of the regression? h. Write out the regression equation. i. Estimate the price of a laptop with a speed of 33 negaherte and the charge lasts 305 minutes 37% Page 1 79 of 525Related Questions
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