This paper circulates around the core theme of 1. Initially the company plans and believes that a better model can be developed if all the variables are being used in the regression equation. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
You are required to do the following:
1. Initially the company plans and believes that a better model can be developed if all the variables are being used in the regression equation.
a. Write the estimated regression equation.
b. Interpret economically the estimated intercept (a) and slope (b) coefficient.
c. Test the hypothesis (at 0.05 level) that there is no relationship (i.e., βj = 0) between the variables.
d. Calculate the coefficient of determination.
e. Perform an analysis of variance on the regression, including an F-test of the overall significance of the results (at 0.05 level).