.\'Il T-Mobile LTE 8:01 PM online.tamuc.org sn) The following regression equatio
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.'Il T-Mobile LTE 8:01 PM online.tamuc.org sn) The following regression equation was obtained using the The regression equation ioutlets . 1.74 ear. ..420 is-. 2.04 -3.630.022 0.24.823 .15 0.035 0.000629 0.002638 - 1.50 Analysis of Variance 18.76 14036 .000 Residuai Error 2.27 What is sample size What's the sample regression cocefficients of b, What's the sample regression coefficients of b What's the value of the estimated variance of the What's the value of the standard error of the What's the value of the estimated varan oftheb. What's the value of the standard erroe of the b i) Is the result significant when using F statistic to test the ificant of the t a 0.05 level of 52) Test each of the following hypotheses:Explanation / Answer
a) Sample size = 10
b) The estiamted regression equation is
Sales = -19.672 -0.000063 Outlets +1.74 Cars +0.410 income +2.04 age - 0.034 bosses
c) The sample regression coefficient is -0.00063
d) The sample regresssion coefficient is 1.74
e) The estimated variance of the regression is 2.27
f) SE of regression S = 1.507
g) Estimated varaince of B1 is 0.002638^2 = 0.000006959
h) Estimated varaince of B2 is 0.5530^2 =0.30581
i) P= 0.000< alpha 0.05, so we reject H0
Thus we conclude that there is significance of the relationship between them at 5% los
52) Test statistic t = 1.87 / 0.63 = 2.968
t critical value = 4.302
Here t value < t critical value so we accept H0
Thus we conclude that Beta = 0
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